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

CHESAPEAKE ENERGY CORPORATION (CHK)
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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;[email protected]

Stocks mentioned in the article : Chesapeake Energy Corporation
Stocks mentioned in the article
ChangeLast1st jan.
CHESAPEAKE ENERGY CORPORATION -1.90% 4.64 Delayed Quote.17.17%
NOVARTIS -1.85% 74.18 Delayed Quote.-8.25%
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Financials ($)
Sales 2018 9 497 M
EBIT 2018 1 349 M
Net income 2018 705 M
Debt 2018 10 102 M
Yield 2018 -
P/E ratio 2018 6,54
P/E ratio 2019 6,62
EV / Sales 2018 1,51x
EV / Sales 2019 1,51x
Capitalization 4 231 M
Chart CHESAPEAKE ENERGY CORPORAT
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Chesapeake Energy Corporat Technical Analysis Chart | CHK | US1651671075 | 4-Traders
Technical analysis trends CHESAPEAKE ENERGY CORPORAT
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 27
Average target price 3,81 $
Spread / Average Target -18%
EPS Revisions
Managers
NameTitle
Robert Douglas Lawler President, Chief Executive Officer & Director
R. Brad Martin Non-Executive Chairman
Jason M. Pigott Executive VP-Operations & Technical Services
Domenic J. Dell’Osso Chief Financial Officer & Executive Vice President
Cathy L. Tompkins CTO & Senior Vice President-Information Technology
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