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

June 27, 2018 - By Georgina Andrews

Chesapeake Energy Corporation (NYSE:CHK) Corporate Logo

During Q1 2018 the big money sentiment increased to 1.28. That’s change of 0.24, from 2017Q4’s 1.04. 69 investors sold all, 74 reduced holdings as Chesapeake Energy Corporation ratio increased. 121 increased stakes while 62 funds acquired stakes. Funds hold 516.33 million shares thus 5.93% less from 2017Q4’s 548.86 million shares.
Moreover, Hodges Cap Mgmt has 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 10,000 shs. Citigroup holds 1.00M shs or 0% of its capital. James Invest Rech Inc reported 837,542 shs. Hightower Advsrs accumulated 0% or 45,492 shs. Sage Group Inc owns 1,000 shs. Greylin Inv Mangement invested in 393,875 shs. Westpac Banking Corp stated it has 633,780 shs. First Allied Advisory Incorporated accumulated 65,600 shs or 0.01% of the stock. Shelton Mgmt has invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Royal State Bank Of Canada stated it has 0% of its capital in Chesapeake Energy Corporation (NYSE:CHK). D Scott Neal stated it has 42 shs. Envestnet Asset reported 1,955 shs or 0% of all its holdings. Cambridge Inc holds 58,730 shs or 0% of its capital. Alley Ltd Liability Com reported 22,500 shs. Texas Permanent School Fund has 0.02% invested in Chesapeake Energy Corporation (NYSE:CHK) for 601,929 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 touched $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. The stock underperformed the S&P 500 by 29.56%.

Chesapeake Energy Corporation (NYSE:CHK)’s quarterly earnings will be reported on August, 2., according to Faxor. Last year’s earnings per share was $0.18, while now analysts expect change of 27.78 % down from current $0.13 earnings per share. If CHK’s EPS is $0.13 the profit will reach $116.69M for 10.37 P/E. Wall Street now sees -61.76 % negative EPS growth despite Chesapeake Energy Corporation previous quarter’s EPS of $0.34.

Chesapeake Energy Corporation (NYSE:CHK) Ratings Coverage

A total of 9 analysts rate Chesapeake Energy (NYSE:CHK) as follows: 2 “Buy”, 4 “Hold” and 3 “Sell”. Тherefore 22% are bullish. The firm has $6.0 highest and $200 lowest target. The avg target $3.98 is -26.16% below the last ($5.39) price. (NYSE:CHK) has 12 ratings reports on Jun 27, 2018 according to StockzIntelligence. The stock rating was maintained by SunTrust with “Buy” on Tuesday, January 2. On Wednesday, March 14 Piper Jaffray maintained Chesapeake Energy Corporation (NYSE:CHK) rating. Piper Jaffray has “Hold” rating and $3.0 target. The company rating was downgraded by Mizuho on Tuesday, January 16. The stock rating was maintained by Stephens with “Hold” on Tuesday, March 13. In Monday, March 12 report BMO Capital Markets maintained the stock with “Hold” rating. On Monday, March 5 the rating was maintained by Susquehanna with “Hold”. On Tuesday, January 9 the rating was maintained by Piper Jaffray with “Hold”. On Tuesday, April 24 the rating was maintained by Stephens with “Hold”. In Tuesday, April 17 report Citigroup downgraded it to “Sell” rating and $200 target. On Monday, March 26 the rating was downgraded by Bernstein to “Sell”.

For more Chesapeake Energy Corporation (NYSE:CHK) news brought out recently go to: Finance.Yahoo.com, Seekingalpha.com, Finance.Yahoo.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Jump in on Chesapeake Energy Stock as the Good News Keeps Piling Up” brought out on June 08, 2018, “Natural Gas Prices May Finally Aid Chesapeake Energy” on June 14, 2018, “Chesapeake Energy Corporation Is a Strong Bet for Energy Sector Bulls” with a publish date: June 19, 2018, “Energy Recap: OPEC Meeting On The Horizon” and the last “Chesapeake Energy: Looking Better, But Stay Cautious” with publication date: June 11, 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.Currently it has 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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