XTO Energy & CHK Chesapeake Energy 8/26/08 - Stock to Watch

Chesapeake Energy ( CHK ) and XTO Energy ( XTO ) are looking VERY strong today. These two stocks along with almost every other stock in the sector have gotten killed in the past two months.

I think if they both can close over $52...they are headed to the high $50's.

Keep an eye on this hurricane which is likely to enter the Gulf of Mexico over the weekend.

CHK and XTO Energy are both very active in the Haynesville Shale and Marcellus Shale plays.

http://oilshalegas.com