Published: Sun, March 19, 2017
Economy | By Annette Adams

Traders Attention Alert: Chesapeake Energy Corporation (NYSE:CHK)


(NYSE:CHK) during the fourth quarter, Holdings Channel reports.

Price Target plays a critical role when it comes to the Analysis of a Stock. Prudential Financial Inc. increased its position in shares of Chesapeake Energy by 12.4% in the third quarter. Public Employees Retirement System of OH now owns 242,309 shares of the oil and gas exploration company's stock valued at $1,037,000 after buying an additional 95,667 shares in the last quarter. Harris Associates L P boosted its position in shares of Chesapeake Energy by 1,007.7% in the third quarter. 29209340 shares were traded on Chesapeake Energy Corporation's last session. Public Employees Retirement System of OH now owns 242,309 shares of the oil and gas exploration company's stock valued at $1,037,000 after buying an additional 95,667 shares in the last quarter. Finally, Advantage Investment Management LLC acquired a new stake in shares of Chesapeake Energy during the fourth quarter worth $316,000. Institutional investors and hedge funds own 66.74% of the company's stock. The stock has earnings growth of 8.60% yoy and showed a high EPS growth of 20.00% over the past five years. The Stock opened its session at $5.5 and closed at $5.45 by showing increase of 0 percent. The stock now has a Market Cap of $1.38M. Chesapeake Energy Co. The firm has a 50-day moving average of $5.86 and a 200-day moving average of $6.47.

On Thursday, Shares of Chesapeake Energy Corporation (NYSE:CHK) showed no change to $5.45.

The company is expected to report earnings of $0.47 per share for the current quarter, according to consensus agreement of 17 analysts. During the same quarter in the prior year, the business earned ($0.16) EPS. The business's quarterly revenue was down 23.7% on a year-over-year basis.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

CHK has been the topic of several recent analyst reports. Chesapeake Energy presently has a consensus rating of "Hold" and a consensus price target of $7.31. The share price is trading in a range of $5.34 - 5.52.

12/19/2016 - Mizuho began new coverage on Chesapeake Energy Corporation giving the company a "neutral" rating. They set a "neutral" rating and a $8.00 price target for the company.

Chesapeake Energy Corporation had its "hold" rating reiterated by analysts at Deutsche Bank.

In recent action, Chesapeake Energy Corporation (CHK) has made a move of -13.77% over the past month, which has come on weak relative transaction volume. Two investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock.

In related news, Director Archie W. Dunham purchased 500,000 shares of Chesapeake Energy stock in a transaction that occurred on Wednesday, March 8th. The stock was acquired at an average cost of $5.24 per share, with a total value of $2,620,000.00. Following the completion of the purchase, the director now directly owns 4,637,717 shares in the company, valued at approximately $24,301,637.08. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The volatility in the previous week has experienced by 4.24% and observed of 4.51% in the previous month.69.10% ownership is held by institutional investors while insiders hold ownership of 1.00%.

U.S. Energy Corp. (U.S. Energy) is an independent energy company focused on the acquisition and development of oil and gas producing properties in the continental United States.

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