Chesapeake Energy Corporation (NYSE:CHK) Jumps in Trading Today - Up by 5.88%

Chesapeake Energy Corporation (NYSE:CHK) Jumps in Trading Today - Up by 5.88%

Chesapeake Energy Corporation (NYSE:CHK) Jumps in Trading Today - Up by 5.88%

RBC Capital Markets maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Monday, May 29.

Many hedge fund investors and institutional investors have adjusted their holdings of The corporation.

Chesapeake Utilities Corporation (NYSE:CPK) declared a quarterly dividend on Thursday, August 3rd, Wall Street Journal reports. As of quarter end Exane Derivatives had sold 1,620 shares trimming its holdings by 17.4%.

In early trading on Wednesday, shares of Chesapeake Energy Corp. The Southeastern Asset Management Inc holds 49.80 million shares with $349.61M value, down from 92.22M last quarter. Regions Fincl holds 0.01% of its portfolio in Chesapeake Utilities Corporation (NYSE:CPK) for 13,393 shares. Janney Montgomery Scott LLC grew its stake in shares of Chesapeake Energy Corporation by 233.0% in the first quarter. On a monthly basis the stock is -9.66%. Royal Bank & Trust Of Canada holds 5,227 shares. Balyasny Asset Mgmt Ltd accumulated 551,769 shares. The Beta for the stock stands at 2.05. Chesapeake Energy Corporation has 965.74 million shares outstanding, and in the last trade has seen ATR around 0.17. This works out to a net increase in ownership of 527497 shares, and suggests that institutions are feeling bullish about the stock. Looking at the stock's movement on the chart, Chesapeake Energy Corporation recorded a 52-week high of $8.20. The share price has moved backward from its 20 days moving average, trading at a distance of -1.58% and stays -13.88% away from its 50 days moving average.

Chesapeake Energy Corporation most recently reported earnings per share (EPS) of $0.18 for the June 2017 versus -$0.14 in the same quarter previous year, representing -229% growth.

Southeastern Asset Management Inc decreased Chesapeake Energy Corporation (CHK) stake by 46% reported in 2016Q4 SEC filing. Stocks with higher EPS growth rates are generally more preferred by investors than those with slower earnings-per-share growth rates, though in general high growth rates have a propensity to revert over the longer term to more even growth rates.

Annual EPS growth Past 5 years is -36.8 percent. Year to date, Chesapeake Energy Corp. has lost about 42.7% of its value. The shares were bought at an average cost of $4.11 per share, for a total transaction of $102,750.00. The Company dividend yield observed at 2.87%. Reilly Limited Liability Company has 1,500 shares for 0% of their portfolio. BTIG Research maintained the shares of NXTM in report on Tuesday, June 6 with "Buy" rating.

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On Wednesday, Shares of Chesapeake Energy Corporation (NYSE:CHK) expressed a change of 6.55% and is now trading at $3.98.

On July 21 Citigroup left the stock rating at "Neutral" and lowered the price target from $9.00 to $5.00.

Analysts use volume trends to assess the level of conviction behind a stock's price changes. Finally, CIBC Asset Management Inc grew its stake in shares of Chesapeake Energy Corporation by 0.6% in the 2nd quarter. Wells Fargo downgraded the shares of BRKR in report on Thursday, July 13 to "Underperform" rating. Four research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the company's stock.

Another critical number in evaluating a stock is P/E or Price to Earnings ratio.

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Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids in the United States. It operates in two divisions: Exploration and Production, and Marketing, Gathering and Compression. 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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