The Chesapeake Energy Corporation (NYSE:CHK) Stock Rating Lowered by Vetr Inc

Author

18 July, 2017

Following the completion of the acquisition, the director now owns 522,358 shares of the company's stock, valued at $2,376,728.90. Also, Director Thomas L. Ryan bought 75,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 31st. The stock was acquired at an average cost of $5.00 per share, with a total value of $375,000.00. The stock was purchased at an average cost of $5.26 per share, for a total transaction of $105,200.00. The disclosure for this purchase can be found here. The stock sank -2.99% last month and is down -30.63 this year. The Beta factor for the stock is listed at 1.08. It also reduced Aetna Inc New (Call) (NYSE:AET) stake by 257,500 shares and now owns 115,000 shares. However a year ago for the same quarter the company has reported $-0.14 EPS. Flinton Capital Management LLC now owns 82,768 shares of the oil and gas exploration company's stock worth $492,000 after buying an additional 16,772 shares during the last quarter. US Bancorp DE boosted its position in shares of Chesapeake Utilities Corporation by 0.8% in the first quarter. Vanguard Group Inc. now owns 91,145,308 shares of the oil and gas exploration company's stock valued at $541,403,000 after buying an additional 6,948,058 shares during the period.

Investors and Traders continue to monitor technical levels of shares of Chesapeake Energy Corporation (CHK). Stifel Financial Corp now owns 3,315 shares of the utilities provider's stock worth $228,000 after buying an additional 177 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Chesapeake Energy Corporation by 14.6% in the fourth quarter. FMR LLC now owns 259,917 shares of the oil and gas exploration company's stock valued at $1,544,000 after buying an additional 667 shares during the last quarter.

Stelliam Investment Management Lp increased Chesapeake Energy Corp (CHK) stake by 220.56% reported in 2016Q4 SEC filing. Dimensional Fund Advisors LP now owns 3,666,298 shares of the oil and gas exploration company's stock valued at $25,739,000 after buying an additional 530,770 shares in the last quarter.

Chesapeake Energy Corporation (NYSE:CHK) traded down 0.41% during trading on Monday, reaching $4.85. After a recent check, Hecla Mining Company (NYSE:HL)'s 14-day RSI is presently at 47.00.

It is now trading at $4.87 which is just a bit below $5.13, the 50 day moving average and marginally under the 200 day moving average of $5.88.

In the market the company is trading up by 1.88 percent from yesterday's close. The firm's market capitalization is $4.34 billion.

On the close of 07/14/2017 Chesapeake Energy Corporation (NYSE:CHK) jumped 1.88% to hit $4.87. The company reported the earnings of $0.23/Share in the last quarter where the estimated EPS by analysts was $0.18/share. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.10 billion. Chesapeake Energy Corporation had a negative return on equity of 7.64% and a negative net margin of 35.84%. The High end of the forecast is $0.33 per share, while the Low end is $0.07 per share. Private Advisor Ltd Liability Company owns 0.01% invested in Chesapeake Energy Corporation (NYSE:CHK) for 38,839 shares.

CHK has been the topic of several analyst reports. Shore Capital maintained the shares of BLVN in report on Monday, August 22 with "Buy" rating.

Analysts are speculating a 29.87% move, based on the high target price ($2) for the shares that is set to reach in the next 12 months. Hilliard Lyons upgraded Chesapeake Utilities Corporation (NYSE:CPK) on Friday, June 24 to "Long-Term Buy" rating.

In terms of Chesapeake Energy Corporation (CHK) stock price comparison to its moving averages, shares of company are -4.64% away from the 50-day moving average and 1.69% away from 20-day average.

Analysts await Chesapeake Utilities Corporation (NYSE:CPK) to report earnings on August, 3. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned "Hold" rating by Deutsche Bank on Wednesday, December 9.

Zackspresents analysts with an ABR (Average Broker Rating), based on the sell-side recommendations. Deutsche Bank has "Hold" rating and $48 target. If you are accessing this news story on another website, it was illegally copied and republished in violation of United States & worldwide copyright & trademark law. The original version of this story can be viewed at https://transcriptdaily.com/2017/07/17/chesapeake-energy-corporation-sees-unusually-high-options-volume-chk-updated-updated-updated-updated.html. The Firm provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services. It operates in two divisions: Exploration and Production, and Marketing, Gathering and Compression. The marketing, gathering and compression segment is responsible for marketing, gathering and compression of oil, natural gas and NGL.


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