28 May, 2017
Chesapeake Energy (NYSE:CHK) last released its earnings results on Thursday, May 4th. Finally, Royal Bank of Canada reissued a "hold" rating and issued a $7.00 price objective on shares of Chesapeake Energy in a research note on Tuesday, April 25th. The company reported the earnings of $0.23/Share in the last quarter where the estimated EPS by analysts was $0.18/share.
Some buy side analysts are also providing their Analysis on Chesapeake Energy Corporation, where 3 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 22 said it's a HOLD, 5 reported it as Underperform and 0 analysts rated the stock as Sell. Penn Cap Co invested in 65,442 shares or 0.03% of the stock. National Planning Corp increased its stake in shares of Chesapeake Energy by 13.8% in the fourth quarter.
The company reported an impressive total revenue of 7.87 Billion in the last fiscal year.
Chesapeake Energy Corporation (CHK) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas.
A look at some of the inputs to technical analysis model shows how Chesapeake Energy Corporation current price compares to its recent moving averages. Covey Cap Advsrs Ltd Limited Liability Company invested 0.64% in Chesapeake Energy Corporation (NYSE:CHK). Allianz Asset Management AG boosted its position in shares of Chesapeake Energy by 511.4% in the fourth quarter.
Currently, the market capitalization of Chesapeake Energy Corporation (CHK) is 5.15 Billion.
Chesapeake Energy Corporation (NYSE:CHK) soared 1.46% during previous trade, a total of 26.45M shares exchanged hands compared with its average trading volume of 41.84M shares whereas its relative volume is 0.63. Looking at the stock's movement on the chart, Chesapeake Energy Corporation recorded a 52-week high of $8.20. Bank of Nova Scotia now owns 206,715 shares of the oil and gas exploration company's stock worth $1,228,000 after buying an additional 156,820 shares during the last quarter. The institutional investor owned 31,955 shares of the oil and gas exploration company's stock after selling 15,750 shares during the period.
UBS Asset Management Americas Inc. cut its position in shares of Chesapeake Energy Co.
TRADEMARK VIOLATION WARNING: This piece was published by BBNS and is the property of of BBNS. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of global copyright law. BlackRock Fund Advisors now owns 11,465,865 shares of the oil and gas exploration company's stock worth $71,891,000 after buying an additional 553,434 shares in the last quarter. Earnings per share are calculated by dividing a company's net income by its number of shares outstanding. Chesapeake Energy now has a consensus rating of Hold and a consensus target price of $7.35. BlackRock Group LTD now owns 2,443,934 shares of the oil and gas exploration company's stock worth $15,325,000 after buying an additional 303,715 shares during the last quarter. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 27.8%. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 1.83% where SMA50 and SMA200 are 0.46% and -10.14% respectively. The stock's market capitalization is $5.10 billion. BlackRock Group LTD boosted its position in shares of Chesapeake Energy by 14.2% in the third quarter. Viking Global Investors LP bought a new position in Chesapeake Energy during the fourth quarter worth about $160,505,000. Corporate insiders own 1.10% of the company's stock.
About 11.04 million shares traded. SunTrust Banks now has a "Buy" rating and a $9.00 target price on the stock. The SEC filing shows that RYAN THOMAS L performed a purchase of 50,000 shares. Following the completion of the acquisition, the director now owns 4,637,717 shares in the company, valued at approximately $24,301,637.08.
To gauge your chances of picking a winning stock, take a close look at its fundamentals, especially its earnings-per-share growth.
In the transaction dated August 22, 2016, the great number of shares acquired came courtesy the Director; DUNHAM ARCHIE W added a total of 350,000 shares at an average price of $6.07, amounting to approximately $2,124,500.
About Chesapeake Energy Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. Exploration and production is engaged in finding and producing oil, natural gas and NGL.
