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4-Traders Homepage  >  Equities  >  Nyse  >  Chesapeake Energy Corporation    CHK

Delayed Quote. Delayed  - 07/27 05:12:46 pm
5.23 USD   -2.24%
12:06p HARVESTING HELP : Oklahoma City community garden seeks volunteers to..
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FTS International To Form Saudi Arabia Joint Venture With Summit Technologies

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05/19/2012 | 12:12am CEST

Oilfield services company FTS International said Friday it has agreed to establish its first international joint venture with a Saudi Arabian company to provide services in that country and Oman.

U.S.-based FTS International, which is led by a former Chesapeake Energy Corp. (>> Chesapeake Energy Corporation) executive, will team up with Summit Technologies Co. to form FTS Arabia. The joint venture will provide well completion services for onshore conventional and unconventional fields.

Chesapeake owns 30% of FTS International. The company, formerly known as Frac Tech Services, registered for an initial public offering last fall but hasn't yet priced or sold shares.

- By Angel Gonzalez, Dow Jones Newswires; 713-547-9214;angel.gonzalez@dowjones.com

Stocks mentioned in the article : Chesapeake Energy Corporation
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Financials ($)
Sales 2016 7 872 M
EBIT 2016 -202 M
Net income 2016 -1 181 M
Debt 2016 9 605 M
Yield 2016 0,93%
P/E ratio 2016 -
P/E ratio 2017 12,75
EV / Sales 2016 1,69x
EV / Sales 2017 1,49x
Capitalization 3 663 M
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Chesapeake Energy Corporat Technical Analysis Chart | CHK | US1651671075 | 4-Traders
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Mean consensus HOLD
Number of Analysts 32
Average target price 4,66 $
Spread / Average Target -13%
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Managers
NameTitle
Robert Douglas Lawler President, Chief Executive Officer & Director
R. Brad Martin Non-Executive Chairman
Domenic J. Dell’Osso Chief Financial Officer & Executive Vice President
Cathy L. Tompkins CTO & Senior Vice President-Information Technology
Merrill A. Miller Lead Independent Director
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