Chesapeake Energy Corporation (NYSE:CHK) - Is The Stock A Good Investment?

Investors Purchase High Volume of Chesapeake Energy Corporation Put Options (CHK)

Chesapeake Energy Corporation (NYSE:CHK) Sees Stock Price Rise – Up by 5.33%

Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. Tiedemann Wealth Management LLC increased its position in shares of Chesapeake Energy Corporation by 21.0% during the first quarter. BidaskClub cut shares of Chesapeake Energy Corporation from a "sell" rating to a "strong sell" rating in a research report on Monday, August 14th. Following the transaction, the director now directly owns 547,358 shares of the company's stock, valued at approximately $2,249,641.38. CHK comes in with a P/S ratio of 0.42 that's below 1, potentially implying that it could be cheap relative to the overall sector (15.09) and its peers (136.54).

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Chesapeake Utilities Corporation is an energy company. The company reported the earnings of $0.18/Share in the last quarter where the estimated EPS by analysts was $0.15/share.

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Chesapeake Energy Corporation (CHK) opened at 4.11 on Tuesday. Advisory Services Network LLC boosted its holdings in Chesapeake Energy Corporation by 42.6% during the second quarter. Cleararc Capital Inc. now owns 18,627 shares of the oil and gas exploration company's stock worth $111,000 after acquiring an additional 508 shares in the last quarter. North Star Asset Management Inc. boosted its holdings in Chesapeake Energy Corporation by 16.4% during the second quarter. The number of shares now owned by investors are 965.74 mln. Finally, Public Employees Retirement System of OH boosted its holdings in Chesapeake Energy Corporation by 45.9% during the second quarter. The average volume of a stock suggests the liquidity of a particular company. The consensus analyst target price is $20.56. At the time of writing, the First Call consensus price target for the company is $10.81. The stock of Chesapeake Utilities Corporation (NYSE:CPK) earned "Hold" rating by RBC Capital Markets on Monday, August 7. ValuEngine lowered Chesapeake Energy Corporation from a "buy" rating to a "hold" rating in a research report on Friday, September 1st. Each day in the past 1 week, the average volatility remained at 5.29%. It has been assigned a low target price of $8 and a high target price of $8. About 24.64 million shares traded. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 22.08% with $899.95 Million sitting short, betting on future declines. Current price places the company's stock -26.03% away from its 200-day simple moving average, -4.53%, away from the 50-day average and also 8.42% away from 20-day average. Chesapeake Energy Corporation has a 1-year low of $3.55 and a 1-year high of $8.20. That puts the market capitalization at $82.43 mln. Ativo Cap Mgmt Limited Co reported 0.17% of its portfolio in Chesapeake Utilities Corporation (NYSE:CPK). They expect this year's earnings to rise 23.58% year-over-year to $1.31, followed by 10.69% growth in the next year to $1.45. The business's revenue was up 40.6% on a year-over-year basis. Next quarter's EPS is forecasted to be $0.21 and the next full year EPS is anticipated to be $0.78. The stock of Chesapeake Utilities Corporation (NYSE:CPK) has "Neutral" rating given on Wednesday, March 2 by Robert W. Baird. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States & global copyright & trademark legislation. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. Chesapeake Utilities had 11 analyst reports since August 10, 2015 according to SRatingsIntel.

Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. The Company operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. The Unregulated Energy segment includes its propane distribution, propane and crude oil wholesale marketing, natural gas marketing and unregulated natural gas supply, gathering and processing, electricity and steam generation and other unregulated energy-related services to customers. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.

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