Wait, Chesapeake Energy Can Double?!?!

The energy sector has not been the place to be this week--or even this year--as sinking oil prices have taken their toll. And that's especially true for some of the riskier energy companies like Chesapeake Energy ( CHK ), which has tumbled 28% in 2017. That didn't stop Stifel analysts Karl Chalabala and Jane Trotsenko from initiating coverage of Chesapeake Energy with a Buy rating yesterday after the close. They explain why: