Chesapeake Energy Corporation (CHK): Start Paying Attention to Revised Ratings

Apache’s Planned Activity in the Permian This Year

The consensus recommendation for stock is 2.90. Six analysts have issued estimates for Chesapeake Energy's earnings.

Whereas they predicted High and Low Earnings Estimate as $0.22 and $0.08 respectively. Harris Ltd Partnership holds 0.45% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 33.33 million shares. The business is scheduled to report its next earnings report on Thursday, August 3rd. During the key period of last 5 years, Chesapeake Energy Corporation (NYSE:CHK) sales have annually surged -7.50% on average, however its earnings per share growth remained at -36.80%. The company beat the analyst EPS Estimate with the difference of $-0.03. Zacks Investment Research's sales calculations are an average based on a survey of research analysts that that provide coverage for Chesapeake Energy. Blackrock Japan Limited has invested 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). However a year ago for the same quarter the company has reported $0.32 EPS. For the current year the company's revenue estimates are $10.02 Billion compared to low analyst estimates of $9.21 Billion and high estimates of $10.69 Billion according to 10 number of analysts. In contrast to the year ago quarter EPS was at 0.13.

Several research firms recently commented on CHK. RYAN THOMAS L also bought $374,775 worth of Chesapeake Energy Corporation (NYSE:CHK) shares. Finally, Bank of America Corp reiterated a buy rating on shares of Chesapeake Energy in a report on Friday, May 12th. California-based Mraz Amerine And Associate has invested 0.06% in Chesapeake Energy Corporation (NYSE:CHK). On Wednesday, October 14 the stock rating was maintained by Deutsche Bank with "Hold". After a recent check, 0 analyst has rated the stock with a sell rating, 4 have assigned a hold rating, 2 says it's a buy, and 5 have assigned an Outperform rating to the company, according to Reuters. Tudor Pickering upgraded Chesapeake Energy Corporation (NYSE:CHK) on Tuesday, April 12 to "Hold" rating.

COPYRIGHT VIOLATION WARNING: "Zacks: Brokerages Expect Chesapeake Energy Co". However, the company's most recent quarter increase of 22.5% looks attractive. If you are reading this news story on another domain, it was illegally copied and reposted in violation of U.S. and global copyright & trademark legislation.

The share price of Chesapeake Energy declined -4.63 percent for the year. Closing price generally refers to the last price at which a stock trades during a regular trading session.

The 907 million shares still represent $4.5 billion in equity value, but these claims only come after the $1.8 billion in preferred stock and $9.26 billion in net debt. "The second line, the "%D" line is simple a 3-day moving average of the "%K" line. Aristotle Fund Lp bought 41,000 shares as the company's stock declined 10.77% while stock markets rallied. The stock was purchased at an average cost of $5.00 per share, with a total value of $375,000.00. The stock rose 0.63% or $0.03 reaching $4.77. Investors will be watching to see how the stock reacts to market influences over the next few weeks. Tiedemann Wealth Management LLC increased its stake in shares of Chesapeake Energy by 21.0% in the first quarter. Murphy Pohlad Asset Mgmt Lc invested in 72,682 shares or 0.37% of the stock. Norges Bank acquired a new stake in shares of Chesapeake Energy during the fourth quarter worth approximately $56,791,000. The stock exchanged hands 1.87 Million shares versus average trading capacity of 903.4 Million shares. Putnam Investments LLC raised its stake in shares of Chesapeake Energy by 6.9% in the fourth quarter. Vanguard Group Inc. now owns 91,145,308 shares of the oil and gas exploration company's stock worth $541,403,000 after buying an additional 6,948,058 shares during the last quarter. The firm has "Neutral" rating by Bank of America given on Friday, October 21. The CHK share price has tracked trends in the oil markets, which have been volatile. Finally, Cleararc Capital Inc. raised its stake in shares of Chesapeake Energy by 13.2% in the fourth quarter.

Shares of EOG Resources, Inc. Institutional investors and hedge funds own 66.74% of the company's stock.

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