Published: Thu, February 22, 2018
Business | By Max Garcia

Chesapeake Energy shares surge after Reporting Q4 Financial Results

Chesapeake Energy shares surge after Reporting Q4 Financial Results

The firm distributes electricity in the southeastern seacoast and state capital regions of New Hampshire, and the greater Fitchburg area of north central MA; and distributes natural gas in southeastern New Hampshire, portions of southern ME to the Lewiston-Auburn area, and in the greater Fitchburg area of north central MA.

Barrow Hanley Mewhinney & Strauss LLC reduced its holdings in shares of Chesapeake Energy Co. The stock increased 1.47% or $0.04 during the last trading session, reaching $2.77. It has been assigned a low target price of $2 and a high target price of $8. The company's stock had a trading volume of 49,636,410 shares, compared to its average volume of 35,889,223. About 21.25 million shares traded. Chesapeake Energy Corp (NYSE:CHK)'s price to sales ratio for trailing twelve month stands at 0.28, whereas its price to book ratio for the most recent quarters is at 0. This represents an increase of 1% in the number of shares being shorted compared to the previous reading, and implies that investors felt more pessimistic about the stock during the past two weeks.

Chesapeake Energy Corporation (NYSE:CHK) now has a Weekly Volatility of 5.58% percent while its Monthly Volatility is at 6.16% percent. Therefore 22% are positive. Lifepoint Hospitals had 55 analyst reports since August 4, 2015 according to SRatingsIntel. In this case performance of tends to percentage rate of return for a stock for a given time frame. ValuEngine lowered Chesapeake Energy from a "buy" rating to a "hold" rating in a report on Friday, February 2nd. CHK's profit would be $223.83M giving it 2.77 P/E if the $0.25 EPS is correct. The rating was downgraded by Bernstein on Tuesday, November 3 to "Market Perform". On Thursday, June 9 the stock rating was downgraded by RBC Capital Markets to "Underperform".

Chesapeake Energy Corp (NYSE:CHK) down -5.05% to close at the price of $2.63. Wunderlich has "Buy" rating and $7.0 target. The firm has "Neutral" rating given on Friday, December 9 by Ladenburg Thalmann.

Investors sentiment increased to 1.25 in 2017 Q3. Its up 0.06, from 1.19 in 2017Q2. While short interest has been on the decline in recent months, there are still 151.63 million CHK shares sold short - a healthy 17.2% of the stock's available float. 14 funds opened positions while 42 raised stakes. This nets out to a decrease of 5.07 million shares and is another bearish sign for CHK. Chesapeake Energy Corp (NYSE:CHK)'s price to earnings ratio stood at 0. Hbk Investments Ltd Partnership invested 0.02% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Royal National Bank & Trust Of Canada reported 306,802 shares. The business's revenue was up 24.6% on a year-over-year basis. analysts forecast that Chesapeake Energy Co. will post 0.76 earnings per share for the current year. Raymond James And Assoc reported 317,256 shares. Bnp Paribas Arbitrage Sa stated it has 0.02% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). These holdings make up 65.75% of the company's outstanding shares. (NYSE:LTC). Sei Invs reported 0% stake.

7,985 are owned by Voya Investment Mgmt Lc. Geode Llc accumulated 128,906 shares. (NYSE:LTC). Natixis has invested 0% in LTC Properties, Inc. Clearbridge Lc holds 517 shares. (NYSE:LTC). Dimensional Fund Lp owns 580,158 shares. Stelac Advisory Limited Com reported 0.13% in Chesapeake Energy Corporation (NYSE:CHK). About 84,234 shares traded. Nevro Corp. (NYSE:NVRO) has risen 14.69% since February 21, 2017 and is uptrending. It has outperformed by 1.30% the S&P500. The firm owned 115,574 shares of the oil and gas exploration company's stock after buying an additional 75,945 shares during the period. Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 9.1 Percent. Fincl Bank Of America Corporation De holds 0% or 5.86 million shares. Legal And General Group Inc Public Ltd holds 0.01% or 2.46 million shares in its portfolio.

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