CHK - CVI's Oil & Gas E&P Index: October's Bloodbath
October was an ugly time to own shares in oil and gas E&P firms. As the S&P 500 fell, so too did crude prices, bringing shares of what has been, in recent years, a vulnerable and volatile market down considerably. As an investor who is bullish in this space, this is painful to watch, but it's also important, as a value investor first, to understand that volatility is the name of the game and that in order to have the opportunity of attractive returns, especially at a time when the rest of the market's valuation