Chesapeake Energy Corporation (NYSE:CHK) Sellers Declined Their Shorts By 3.03% As Of Apr 20, 2018

April 20, 2018 - By Joseph March

Chesapeake Energy Corporation (NYSE:CHK) Corporate Logo

During Q4 2017 the big money sentiment decreased to 1.04. That’s change of 0.21, from 2017Q3’s 1.25. 44 investors sold all, 110 reduced holdings as Chesapeake Energy Corporation ratio turned negative. 110 increased holdings while 50 funds bought holdings. Funds hold 548.86 million shares thus 4.62% less from 2017Q3’s 575.42 million shares.
Td Asset Mgmt, Ontario – Canada-based fund reported 262,698 shs. Blair William Com Il holds 37,719 shs or 0% of its capital. Paloma Prtn Management Com has 16,128 shs for 0% of their capital. Swiss Comml Bank owns 1.55M shs. First Allied Advisory Ser Inc, a Missouri-based fund reported 52,501 shs. Nomura Hldg holds 0% of its capital in Chesapeake Energy Corporation (NYSE:CHK) for 74,427 shs. Canada Pension Plan Investment Board has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). 939,300 were reported by Pomelo Cap Ltd Limited Liability Company. Northwestern Mutual Wealth Management Company owns 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 72,429 shs. Chevy Chase owns 787,181 shs. 24,132 are owned by Kentucky Retirement Insurance Fund. Texas Permanent School Fund holds 0.01% of its capital in Chesapeake Energy Corporation (NYSE:CHK) for 248,063 shs. Cubist Systematic Strategies Ltd Company owns 18,266 shs for 0% of their capital. Carroll Financial Associate holds 0% or 1,000 shs. Amalgamated Bancorp has 0.02% invested in Chesapeake Energy Corporation (NYSE:CHK) for 181,270 shs.

Chesapeake Energy Corporation (NYSE:CHK) recorded a decrease of 3.03% in shorted shares. FINRA announced shorted shares of CHK’s total 204.70 million shares. The down change of 3.03% from 211.10 million shares was reported. With Average volume 45.75M, CHK’s former position will take 5 days to recover. Float short on Chesapeake Energy Corporation is 23.25%.

The stock decreased 3.19% or $0.1 during the last trading session, hitting $3.03.Currently Chesapeake Energy Corporation is downtrending after 42.83% change in last April 20, 2017. CHK has also 29.93M shares volume. CHK underperformed the S&P 500 by 54.38%.

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 firm is valued at $2.72 billion. 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) Ratings Coverage

A total of 10 analysts rate Chesapeake Energy (NYSE:CHK) as follows: 2 “Buy”, 4 “Hold” and 4 “Sell”. Тherefore 20% are bullish. The firm has $6.0 highest and $200 lowest target. The avg target $3.98 is 31.35% above the last ($3.03) price. (NYSE:CHK) has 13 ratings reports on Apr 20, 2018 according to StockzIntelligence. On Monday, March 5 the firm earned “Hold” rating by Susquehanna. The company rating was maintained by BMO Capital Markets on Monday, March 12. In Tuesday, January 2 report SunTrust maintained the stock with “Buy” rating. On Tuesday, January 16 the stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Underperform” rating by Mizuho. The company rating was downgraded by Bernstein on Monday, March 26. On Tuesday, January 9 the firm earned “Hold” rating by Piper Jaffray. On Tuesday, March 13 the firm earned “Hold” rating by Stephens. On Tuesday, November 14 the stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by BMO Capital Markets. On Wednesday, March 14 the firm has “Hold” rating by Piper Jaffray given. On Tuesday, April 17 Citigroup downgraded the shares of CHK in report to “Sell” rating.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.