Published: Fri, April 21, 2017
Economy | By Annette Adams

Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan Inc (NYSE:KMI)

Chesapeake Energy Corporation (NYSE:CHK), Kinder Morgan Inc (NYSE:KMI)

Fmr LLC lowered its stake in Chesapeake Energy Co.

In the liquidity ratio analysis; quick ratio for most recent quarter was 0.60 while current ratio for time period was 0.60. Wells Fargo & Company MN now owns 13,622 shares of the utilities provider's stock worth $832,000 after buying an additional 157 shares during the period.

Several other large investors have also bought and sold shares of the company. In the last 90 days, insiders sold 4,118 shares of company stock valued at $283,720. Meeder Asset Management Inc. raised its position in Chesapeake Energy by 1,140.6% in the third quarter. Cibc Ww Markets Inc invested in 0% or 7,060 shares. It has ranged in price between $5.55-$5.79 after having started the session at $5.62 as compared to the previous trading day's close of $5.69. California Public Employees Retirement System has 43,650 shares for 0% of their portfolio. The share price of the stock plunged -26.27% for the year. Great West Life Assurance Co.

ROA ratio indicates how profitable a company is relative to its total assets.

Chesapeake Utilities Co. has a 12-month low of $56.56 and a 12-month high of $71.85. (NYSE:CHK) opened at 5.66 on Wednesday. The firm has a 50-day moving average price of $69.05 and a 200 day moving average price of $65.65. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

The share price of Chesapeake Utilities Corporation (NYSE:CPK) was up +1.95% during the last trading session, with a day high of 70.80. During the same quarter in the prior year, the business posted ($0.16) earnings per share.

Now, the FactSet Research estimate calls for Q1 2017 earnings of US$0.19. The company's revenue was up 35.7% on a year-over-year basis.

Chesapeake Energy Corporation (CHK) belongs to the "Basic Materials" sector with an industry focus on "Independent Oil & Gas", with Mr. Robert Douglas Lawler as Chief Exec. Officer, Pres and Non Independent Director.

ILLEGAL ACTIVITY NOTICE: "Fmr LLC Sells 2,491,044 Shares of Chesapeake Energy Co".

CHK has been the subject of a number of research reports. If you are reading this article on another publication, it was copied illegally and reposted in violation of United States & worldwide copyright and trademark legislation. The legal version of this news story can be read at https://www.themarketsdaily.com/2017/04/19/fmr-llc-sells-2491044-shares-of-chesapeake-energy-co-chk.html. The shares have slowed down in recent weeks, with their price down about -19.26% in the past three months. Hilliard Lyons upgraded the shares of CPK in report on Friday, June 24 to "Long-Term Buy" rating.

Ratings analysis reveals 17% of Chesapeake Utilities's analysts are positive. For trailing twelve months, EPS value for the stock is $0.25. SunTrust Banks, Inc. reissued a "buy" rating on shares of Chesapeake Energy in a research report on Saturday, January 21st. The stock has an average rating of "Hold" and an average target price of $68.60.

Based on the latest brokerage notes which have been released to investors, 1 brokers have issued a rating of "strong buy", 1 brokers "buy", 4 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". Analysts have consensus one year price target of $7.32. The rating was downgraded by Robert W. Baird on Wednesday, March 2 to "Neutral". The stock had a trading volume of 54,112 shares. Albert D Mason Inc. now owns 40,206 shares of the utilities provider's stock valued at $2,455,000 after buying an additional 21,319 shares during the last quarter. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. As per Friday, December 9, the company rating was initiated by Ladenburg Thalmann. The Firm provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services.

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