Chesapeake Energy Corporation (CHK) Stock Is Crashing Now

Marco Green
December 17, 2017

Indicating how profitable this stock is relative to its assets, the ROA value is observed at -3.90%. Their revenue meanwhile grew by -9.47% from the last quarter, totaling $2.07 billion.

The stock decreased 1.21% or $0.045 during the last trading session, reaching $3.675. About 40.68 million shares traded or 57.33% up from the average. It has outperformed by 33.04% the S&P500. Sterling Capital Management Limited Company reported 0.02% stake. The Stock now has a Weekly Volatility of 4.19% and Monthly Volatility of 4.08%. The firm has a market cap of $3,310.00, a P/E ratio of 6.35 and a beta of 2.16. About 4.00 million shares traded or 21.94% up from the average.

Range Resources Corporation (RRC) shares declined -1.54% and ended the day at $15.99. It has underperformed by 31.85% the S&P500.

Shares of Chesapeake Energy Corporation (NYSE:CHK) have been assigned a consensus recommendation of "Hold" from the thirty-four analysts that are covering the firm, MarketBeat.com reports. They expect $0.23 earnings per share, up 228.57 % or $0.16 from last year's $0.07 per share. CHK's profit will be $205.89 million for 3.82 P/E if the $0.23 EPS becomes a reality. The oil and gas exploration company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.02. Therefore 38% are positive. Chesapeake Energy Corporation had 86 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Hold" rating on Thursday, July 20 by Wells Fargo. With these types of results to display analysts, are more pessimistic than before, leading 4 of analysts who cover Chesapeake Energy Corporation (NYSE:CHK) advice their clients to include it in their buy candidate list.

Several equities research analysts have recently issued reports on CHK shares. The rating was downgraded by Bernstein to "Market Perform" on Tuesday, November 3. The firm has "Sell" rating given on Friday, February 12 by UBS. (NYSE:SLF), 5 have Buy rating, 0 Sell and 6 Hold. Deutsche Bank maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Wednesday, August 10. The firm earned "Hold" rating on Wednesday, December 9 by Deutsche Bank.

Investors sentiment increased to 1.19 in Q2 2017. The low EPS estimate is $-0.08, while the high EPS estimate is $1.21. It increased, as 54 investors sold Chesapeake Energy Corporation shares while 111 reduced holdings. 60 funds opened positions while 136 raised stakes. Advisory Services Network LLC now owns 23,413 shares of the oil and gas exploration company's stock worth $116,000 after buying an additional 7,000 shares during the last quarter.

Chesapeake Energy Corporation (CHK) price traded at a gap of -6.14% from an average price of last twenty days and stands at a distance of -6.67% away from it's an average price of recent fifty days. 129,298 were accumulated by Virginia Retirement Systems Et Al. Putnam Invests has 14,123 shares for 0% of their portfolio. Toronto Dominion Bancorp reported 249,025 shares. Chesapeake Energy Corporation (NYSE:CHK) has risen 49.74% since December 15, 2016 and is uptrending. Wellington Mngmt Group Ltd Liability Partnership reported 721,536 shares. Montgomery Inv Inc has invested 0.23% in Chesapeake Energy Corporation (NYSE:CHK).

More notable recent Chesapeake Energy Corporation (NYSE:CHK) news were published by: Seekingalpha.com which released: "Chesapeake Energy: Buy The Shakeout" on December 14, 2017, also Seekingalpha.com with their article: "Chesapeake Energy Is A Buy With WTI At $55" published on December 03, 2017, Investorplace.com published: "Chesapeake Energy Corporation Could Be Setting up for a Big Breakout" on November 21, 2017. Pennsylvania Tru reported 0.02% of its portfolio in Cerner Corporation (NASDAQ:CERN). Rhumbline Advisers holds 593,183 shares or 0.09% of its portfolio. Keybank National Association Oh accumulated 0% or 50,660 shares. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and global copyright legislation. Therefore 48% are positive. (NYSE:SLF) earned "Equal-Weight" rating by Morgan Stanley on Thursday, October 5. PiperJaffray maintained it with "Neutral" rating and $4 target in Monday, September 18 report. The rating was upgraded by Raymond James on Tuesday, January 3 to "Strong Buy". They issued an "in-line" rating and a $5.00 target price on the stock. Its down 0.06, from 0.93 in 2017Q1. It increased, as 30 investors sold SAVE shares while 78 reduced holdings. 74 funds opened positions while 170 raised stakes. Harris Associate L P reported 61.56 million shares stake. Tci Wealth Advsrs reported 0.02% in Cerner Corporation (NASDAQ:CERN). Texas Permanent School Fund, Texas-based fund reported 214,318 shares. Thrivent Fincl For Lutherans invested in 0% or 11,110 shares. Thompson Siegel Walmsley Lc invested in 7,650 shares or 0% of the stock. State Farm Mutual Automobile Insur holds 429,846 shares or 0.04% of its portfolio. Warren Averett Asset Ltd owns 14,000 shares. Advisor Prtn Ltd Liability Co stated it has 19,644 shares. Hawkins Capital Lp, a Texas-based fund reported 21,000 shares.

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