Chesapeake Energy Corporation (NYSE:CHK) Cut to "Hold" at Tudor Pickering

Marco Green
September 13, 2017

Chesapeake Energy Corporation (NYSE:CHK)'s FCF growth is presently at 0.535337. That shows that the stock, according to a traditional interpretation and usage of the RSI indicator, is not particularly predisposed to a reactive price movement based on this measure If we look at the stochastic measure, the raw data over the stock's last month of action shows a score of 21.05%. CHK has a beta of 2.05 and DNR's beta is 3.32. Analysts are forecasting earnings of $0.15 on a per share basis this quarter. Therefore 94% are positive.

CHK has been the discussion subject of Many reports. The firm has "Buy" rating given on Friday, September 9 by Wunderlich. RBC Capital Markets maintained the shares of VMC in report on Friday, February 5 with "Outperform" rating. On June 21, 2017 the stock rating was changed to "Underperform" by Macquarie a cut from the previous "Neutral" rating. The company was initiated on Thursday, March 23 by Stifel Nicolaus. The stock has "Buy" rating by Craig Hallum on Tuesday, September 22. The firm earned "Buy" rating on Friday, August 14 by Argus Research. The company was maintained on Wednesday, July 19 by Jefferies. DA Davidson upgraded it to "Neutral" rating and $106 target in Monday, August 17 report.

Investors sentiment increased to 1.19 in Q4 2016. Its up 0.02, from 1.17 in 2016Q3.

How Quickly Chesapeake Energy Corporation (CHK)'s Sales Declined?

It should be noted that the overall volatility in the stock is worth gauging as well. The total value of its holdings increased 69,340.0%.

Institutional owners hold 67.50% stake while Insiders ownership held at 1.30% in the company. The stock carved out a 52-week low down at $3.55. That brings the Director's holdings to $2,376,729 as reported to the SEC. West Oak Cap Limited Company holds 3,820 shares. Falcon Point Capital Llc owns 455,555 shares or 3.18% of their U.S. portfolio. Following the transaction, the director now owns 547,358 shares in the company, valued at $2,249,641.38. Ct Mason, a Massachusetts-based fund reported 54,298 shares. Gateway Invest Advisers Ltd Liability Corp has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). Cigna Investments Inc. New grew its position in Chesapeake Energy Corporation by 0.9% during the 2nd quarter. Quantres Asset Limited has 14,400 shares for 1.25% of their portfolio.

Chesapeake Energy Corporation (NYSE:CHK) previously disclosed its fiscal periodic earnings information on Early Thur, Aug 3rd.

The company is trading down since yesterday's close of 3.64. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. It now has negative earnings. Exploration and production is engaged in finding and producing oil, natural gas and NGL.

Among 30 analysts covering Chesapeake Energy Corporation (NYSE:CHK), 7 have Buy rating, 6 Sell and 17 Hold. Therefore 23% are positive. Stuyvesant Capital Management's holdings in Chesapeake Energy Corporation were worth $2,199,000 at the end of the most recent reporting period. Chesapeake Energy Corporation (CHK) now trades with a market capitalization of $3.51 Billion. The stock has "Buy" rating by Suntrust Robinson on Wednesday, October 26. On Tuesday, April 12 the stock rating was upgraded by Tudor Pickering to "Hold". A CCI reading above the +100 level would suggest that the stock is overbought and possibly primed for a correction. Jefferies maintained the stock with "Buy" rating in Thursday, July 13 report. The stock has "Hold" rating by Deutsche Bank on Friday, March 11. BidaskClub cut Chesapeake Energy Corporation from a "sell" rating to a "strong sell" rating in a report on Monday, August 14th. State Treasurer State Of Michigan stated it has 0.01% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK).

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