Chesapeake Energy Corporation (CHK) Hit 1-Year High on Jun, 27 at $5.39

June 27, 2018 - By Jeanette Garcia

Chesapeake Energy Corporation (NYSE:CHK) Corporate Logo

Big Money Sentiment increased to 1.28 in 2018 Q1. It has change of 0.24, from 2017Q4’s 1.04. The ratio increased due to Chesapeake Energy Corporation positioning: 69 sold and 74 reduced. 62 funds acquired holdings and 121 increased holdings. Investors holded 548.86 million in 2017Q4 but now own 516.33 million shares or 5.93% less.
Vanguard Grp stated it has 75.69M shs. Comml Bank Of America De holds 1.77M shs or 0% of its capital. Cibc Asset Management Inc reported 0% in Chesapeake Energy Corporation (NYSE:CHK). Alphamark Advsr Ltd Liability Co accumulated 14,000 shs or 0.02% of the stock. Ledyard Comml Bank holds 0% or 200 shs. Credit Suisse Ag holds 0.01% of its capital in Chesapeake Energy Corporation (NYSE:CHK) for 2.41M shs. Regions Corporation holds 0% or 46,101 shs. Connecticut-based Massmutual Trust Fsb Adv has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Gabelli Funds Ltd Llc has 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 35,000 shs. Omers Administration Corporation holds 474,500 shs or 0.01% of its capital. Meridian Invest Counsel Inc reported 0.05% stake. Citigroup reported 0% of its capital in Chesapeake Energy Corporation (NYSE:CHK). South Dakota Investment Council accumulated 84,500 shs. Hightower Advsrs Ltd Liability reported 45,492 shs. Alps Advisors holds 192,649 shs.

The company Chesapeake Energy Corporation (NYSE:CHK) reached one-year high with $5.77 price target or 7.00 % above today’s $5.39 stock price. On Jun, 27 it was announced by Barchart.com. It has $4.84B market cap. At $5.77 price target, the company’s valuation could be $338.66M more.

CHK reached $5.39 during the last trading session after $0.36 change.Chesapeake Energy Corporation has volume of 30.44M shares. Since June 27, 2017 CHK has declined 16.99% and is downtrending. CHK underperformed the S&P500 by 29.56%.

On August, 2 is anticipated Chesapeake Energy Corporation (NYSE:CHK)’s earnings report, as reported by RTT. earnings per share of $0.13 is 27.78 % down from 2017’s $0.18 EPS. If $0.13 is reported, CHK’s profit will reach $116.69 million for 10.37 P/E. Last quarter $0.34 earnings per share was reported. Analysts predicts -61.76 % negative EPS growth this quarter.

Chesapeake Energy Corporation (NYSE:CHK) Ratings Coverage

In total 9 analysts cover Chesapeake Energy (NYSE:CHK). “Buy” rating has 2, “Sell” are 3, while 4 are “Hold”. 22% are bullish. With $6.0 highest and $200 lowest target Chesapeake Energy has $3.98 average target or -26.16% below the current ($5.39) price. 12 are the (NYSE:CHK)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Wednesday, March 14 the rating was maintained by Piper Jaffray with “Hold”. On Tuesday, January 9 the company was maintained by Piper Jaffray. On Tuesday, April 17 the company was downgraded by Citigroup. In Tuesday, April 24 report Stephens maintained it with “Hold” rating and $400 target. On Monday, March 12 the rating was maintained by BMO Capital Markets with “Hold”. On Monday, March 5 the stock of Chesapeake Energy Corporation (NYSE:CHK) has “Hold” rating given by Susquehanna. On Tuesday, January 2 the rating was maintained by SunTrust with “Buy”. On Tuesday, March 13 the stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by Stephens. On Tuesday, January 16 the firm earned “Underperform” rating by Mizuho. In Monday, March 26 report Bernstein downgraded the stock to “Sell” rating.

For more Chesapeake Energy Corporation (NYSE:CHK) news published briefly go to: Finance.Yahoo.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Finance.Yahoo.com. The titles are as follows: “Chesapeake Energy Corporation Is a Strong Bet for Energy Sector Bulls” published on June 19, 2018, “Natural Gas Prices May Finally Aid Chesapeake Energy” on June 14, 2018, “Energy Recap: OPEC Meeting On The Horizon” with a publish date: June 15, 2018, “Chesapeake Energy: Looking Better, But Stay Cautious” and the last “Jump in on Chesapeake Energy Stock as the Good News Keeps Piling Up” with publication date: June 08, 2018.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States.The company has $4.84 billion market cap. It operates in two divisions, Exploration and Production; and Marketing, Gathering, and Compression.Last it reported negative earnings. The firm holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Investors Chart

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