Chesapeake Energy Corporation (CHK) Reached 52-Week High on Jun, 27 at $5.39

June 27, 2018 - By Cynthia Ashman

Chesapeake Energy Corporation (NYSE:CHK) Corporate Logo

Big Money Sentiment increased to 1.28 in Q1 2018. It has change of 0.24, from 2017Q4’s 1.04. The ratio is positive 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.
World Asset Mngmt holds 0.01% or 57,382 shs. Us Bankshares De has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). 900,004 are owned by Hsbc Holdings Plc. Cetera Advisor Netwr Limited Liability Co owns 33,254 shs. Spark Investment Ltd holds 0.04% or 201,000 shs. Metropolitan Life Ins New York invested in 265,089 shs or 0% of the stock. Ing Groep Nv has 0.02% invested in Chesapeake Energy Corporation (NYSE:CHK) for 406,302 shs. 2,060 are held by Synovus Corp. California State Teachers Retirement Sys owns 1.52M shs. Moreover, Cibc has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). 24,508 were reported by Stratos Wealth Prns. The New York-based Blackrock has invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Royal State Bank Of Canada holds 0% or 298,708 shs in its capital. 118,839 are owned by Profund Advsrs Ltd Limited Liability Company. New Mexico Educational Retirement Board reported 339,845 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. CHK underperformed the S&P 500 by 29.56%.

Chesapeake Energy Corporation (NYSE:CHK)’s quarterly earnings will be announced on August, 2., Faxor reports. Analysts have anticipation on stock’s EPS of $0.13. That’s down 27.78 % from last year’s $0.18 EPS. If EPS of $0.13 is announced the profit of CHK could reach $116.69M giving it 10.37 P/E. Wall Street now predicts -61.76 % negative EPS growth despite Chesapeake Energy Corporation previous quarter’s EPS of $0.34.

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”. (NYSE:CHK) has 22% bullish analysts. With $6.0 highest and $200 lowest PT, Chesapeake Energy has $3.98 average PT or -26.16% below the current ($5.39) price. 12 are the (NYSE:CHK)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Monday, March 12 the stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by BMO Capital Markets. The company rating was maintained by SunTrust on Tuesday, January 2. On Tuesday, January 9 the rating was maintained by Piper Jaffray with “Hold”. The company rating was maintained by Susquehanna on Monday, March 5. The stock rating was downgraded by Mizuho to “Underperform” on Tuesday, January 16. On Tuesday, April 24 the stock of Chesapeake Energy Corporation (NYSE:CHK) has “Hold” rating given by Stephens. On Wednesday, March 14 Piper Jaffray maintained the shares of CHK in report with “Hold” rating. The company rating was downgraded by Bernstein on Monday, March 26. In Tuesday, March 13 report Stephens maintained it with “Hold” rating and $5.0 target. On Tuesday, April 17 Citigroup downgraded Chesapeake Energy Corporation (NYSE:CHK) rating. Citigroup has “Sell” rating and $200 target.

For more Chesapeake Energy Corporation (NYSE:CHK) news announced briefly go to: Seekingalpha.com, Finance.Yahoo.com, Seekingalpha.com, Finance.Yahoo.com or Seekingalpha.com. The titles are as follows: “Chesapeake Energy: Looking Better, But Stay Cautious” announced on June 11, 2018, “Chesapeake Energy Corporation Is a Strong Bet for Energy Sector Bulls” on June 19, 2018, “Energy Recap: OPEC Meeting On The Horizon” with a publish date: June 15, 2018, “Jump in on Chesapeake Energy Stock as the Good News Keeps Piling Up” and the last “Natural Gas Prices May Finally Aid Chesapeake Energy” with publication date: June 14, 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 firm is worth $4.84 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) Institutional Investors Chart

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