Chancellor Group Inc. (CHAG) is an oil and gas exploration and production company focused on the North American shale plays, particularly in the Permian Basin and the Bakken formation. The company differentiates itself through its low-cost production techniques and advanced drilling technologies, which allow it to maintain profitability even in volatile price environments.
EnergyOil & Gas Exploration & Productionhigh - The company has significant fixed costs associated with drilling and production, which can lead to substantial operating leverage in a rising price environment.