Chesapeake Energy Corporation (NYSE:CHK) Upgraded at Vetr Inc

Paterniano Del Favero
Luglio 28, 2017

Cleararc Capital Inc. now owns 18,627 shares of the oil and gas exploration company's stock valued at $111,000 after buying an additional 508 shares during the last quarter. A beta of less than 1 indicates the stock will be less volatile than the market, and correspondingly, a beta of more than 1 indicates the stock's price will be more volatile than the market.

Analysts reported their respective ratings recommendation for CHK. At the time of writing, the First Call consensus price target for the company is $5.72. BidaskClub raised shares of Chesapeake Energy Corporation from a "sell" rating to a "hold" rating in a report on Wednesday, June 28th. Bessemer Group Incorporated holds 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 1,000 shares. State Street Corp now owns 43,785,695 shares of the oil and gas exploration company's stock valued at $260,083,000 after buying an additional 2,476,711 shares in the last quarter.

Chesapeake Energy Corporation (NYSE:CHK) last posted its earnings results on Thursday, May 4th. Stifel analysts stated on 23/03/2017 that they launched coverage on this stock with Buy rating. Three investment analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and eight have given a buy rating to the company's stock. They presently have a $3.00 target price on the oil and gas exploration company's stock.

Chesapeake Energy Corporation (CHK) traded up 4.029% on Tuesday, hitting $5.035. STRADFORD DENNIS P sold $108,752 worth of stock or 3,000 shares. The company has market cap of $2.15 billion. The stock is above its 52-week low with 10.73% and is in the wake of its 52-week high with -40.85%. Citigroup maintained Chesapeake Energy Corporation (NYSE:CHK) on Monday, September 14 with "Neutral" rating. Traders bought 33,265 put options on the company.

Chesapeake Energy Corporation (NYSE CHK) traded up 4.649% on Thursday, reaching $5.065. The oil and gas exploration company reported $0.23 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.04.

8 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 2553.76 million while high and low sale targets are estimated at 2672 million and 2278.01 million respectively. During the same period in the prior year, the business posted ($0.10) earnings per share.

COPYRIGHT VIOLATION NOTICE: This report was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of US & global copyright and trademark law. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/07/25/bmo-capital-markets-reaffirms-hold-rating-for-chesapeake-energy-corporation-chk-updated-updated-updated.html. Director Thomas L. Ryan bought 75,000 shares at an average price of $5.00 on Wednesday the 31st. Following the completion of the acquisition, the director now directly owns 522,358 shares in the company, valued at approximately $2,376,728.90. Also, Director Thomas L. Ryan bought 75,000 shares of Chesapeake Energy Corporation stock in a transaction on Wednesday, May 31st. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 115,400 shares of company stock valued at $573,020. However the six-month change in the insider ownership was recorded 5.78%, as well as three-month change in the institutional ownership was recorded -0.42%. After $0.23 actual EPS reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts -34.78% negative EPS growth. Tightening the gaze, stock performance for the last 5 trading days is -2.42%.

Old West Investment Management Llc increased Chesapeake Energy Corp (CHK) stake by 49.33% reported in 2016Q4 SEC filing. This compares to an average yield of 1.92% in the "Oil & Gas Exploration & Production" preferred stock category, according to Preferred Stock Channel. Suntrust Banks Inc. now owns 304,713 shares of the oil and gas exploration company's stock valued at $1,808,000 after buying an additional 35,690 shares during the last quarter.

12/06/2016 - Chesapeake Energy Corporation had its " rating reiterated by analysts at FBR Capital Markets. Following the completion of the purchase, the director now directly owns 501,958 shares of the company's stock, valued at $2,640,299.08.

In other Chesapeake Energy Corporation news, Director R Brad Martin bought 20,400 shares of the business's stock in a transaction that occurred on Friday, June 23rd. Hedge funds and other institutional investors own 64.87% of the company's stock. The Company operates in two segments: 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. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.

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