The Chesapeake Energy (CHK) Debt Trading 1.7% Higher

Marco Green
March 13, 2018

Its up 0.06, from 0.83 in 2017Q2.

The company now has an insider ownership of 0.6 Percent and Institutional ownership of 64.1 Percent. 441.14 million shares or 4.78% less from 463.31 million shares in 2017Q2 were reported.

Chesapeake Energy Corporation is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Marcellus, Haynesville, Bossier, and Barnett natural gas shale plays and in the Eagle Ford, Utica, Mississippi Lime, Granite Wash, Cleveland, Tonkawa, Niobrara, Bone Spring, Avalon, Wolfcamp and Wolfberry unconventional liquids plays. Murphy Pohlad Asset Mgmt Llc holds 0.37% or 122,200 shares. Hudock Cap Gp Limited Liability Co accumulated 4,063 shares. Fmr Lc holds 943,061 shares. About 29.11 million shares traded. Fmr Ltd Liability Company accumulated 0.21% or 30.50 million shares. After this purchase, 440,355 common shares of CHK are directly owned by the insider, with total stake valued at $1,365,101. Huntington Retail Bank accumulated 4,464 shares. Cim Investment Mangement holds 0.26% or 165,730 shares in its portfolio.

Chesapeake Energy Corporation (NYSE:CHK) had an increase of 0.8% in short interest.

Want to see what other hedge funds are holding CHK? Throughout the trading on 03/09/2018, the share price floated between $3.01 and $3.11. Nationwide Fund Advisors boosted its stake in Chesapeake Energy by 9.0% during the 3rd quarter. To measure price-variation, we found CHK's volatility during a week at 5% and during a month it has been found around 6.98%.

Analysts are expecting average earnings estimates of $0.28 for the current quarter based on the opinion of 21 analysts, relating to high earnings per share estimates of $0.43 and low estimates of $0.18, however Chesapeake Energy Corp (NYSE:CHK) reported $0.23 earnings per share for the same quarter past year.

Chesapeake Energy Corp (NYSE:CHK) has average revenue estimates of $2.52 Billion, compared to low analyst estimates of $2.31 Billion and high estimates of $2.81 Billion for the current quarter.

Chesapeake Energy Corporation (CHK) opened the session with a $3.05 price tag, later ranging from $3.01 to $3.11, the range at which the stock has traded at throughout the day. Tower Research Capital LLC TRC now owns 93,542 shares of the oil and gas exploration company's stock valued at $370,000 after purchasing an additional 86,211 shares in the last quarter. Chesapeake Energy Corp (NYSE:CHK)'s price sits -11.06% off from its SMA 50 of $3.19 and -23.82% away from the SMA 200 which is at $3.75. It has outperformed by 33.04% the S&P500.

Oracle Investment Management Inc decreased its stake in Mazor Robotics Ltd (MZOR) by 10.18% based on its latest 2017Q3 regulatory filing with the SEC. Chesapeake Energy has a 12-month low of $2.53 and a 12-month high of $6.59.

Dynamic Capital Management Ltd cut its stake in shares of Chesapeake Energy Co. Stock Slumped 18.5% in February" published on March 06, 2018 as well as's news article titled: "Oklahoma court to hear claims against Chesapeake Energy" with publication date: "March 10, 2018.

Chesapeake Energy Corporation (NYSE:CHK) received a Buy rating from 0 analysts. Therefore 25% are positive.

Chesapeake Energy (NYSE:CHK) last posted its quarterly earnings results on Thursday, February 22nd. ValuEngine upgraded NGL Energy Partners from a "sell" rating to a "hold" rating in a report on Thursday, March 1st. On Thursday, March 30 the stock rating was maintained by Wunderlich with "Buy".

The consensus recommendation, according to Zacks Investment research, is 3.47. The firm has "Underperform" rating given on Wednesday, June 21 by Macquarie Research. That puts the market capitalization at $517.99 mln. Stephens maintained the stock with "Buy" rating in Monday, January 8 report. The firm has "Buy" rating given on Wednesday, September 27 by Stifel Nicolaus. On Tuesday, January 26 the stock rating was maintained by Susquehanna with "Neutral".

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