North Star Asset Management Inc. decreased its stake in shares of Chesapeake Energy Corporation (NYSE:CHK) by 14.1% in the course of the third quarter, based on its most up-to-date submitting with the SEC. The institutional investor owned 739,420 shares of the oil and fuel exploration firm’s inventory after promoting 121,545 shares in the course of the interval. North Star Asset Management Inc. owned zero.08% of Chesapeake Energy Corporation value $Four,392,00zero as of its most up-to-date SEC submitting.
Plenty of different institutional buyers and hedge funds additionally lately modified their holdings of CHK. Vanguard Group Inc. raised its holdings in shares of Chesapeake Energy Corporation by 19.three% within the 2nd quarter. Vanguard Group Inc. now owns 108,761,169 shares of the oil and fuel exploration firm’s inventory valued at $540,542,00zero after buying an extra 17,615,861 shares within the final quarter. State Street Corp raised its holdings in shares of Chesapeake Energy Corporation by 9.1% within the 2nd quarter. State Street Corp now owns 47,768,507 shares of the oil and fuel exploration firm’s inventory valued at $237,402,00zero after buying an extra three,982,812 shares within the final quarter. Northern Trust Corp raised its holdings in shares of Chesapeake Energy Corporation by 5.6% within the 2nd quarter. Northern Trust Corp now owns eight,219,258 shares of the oil and fuel exploration firm’s inventory valued at $40,850,00zero after buying an extra 433,272 shares within the final quarter. Bank of New York Mellon Corp raised its holdings in shares of Chesapeake Energy Corporation by three.Four% within the 2nd quarter. Bank of New York Mellon Corp now owns 6,381,244 shares of the oil and fuel exploration firm’s inventory valued at $31,714,00zero after buying an extra 209,142 shares within the final quarter. Finally, Bridgewater Associates LP bought a brand new stake in shares of Chesapeake Energy Corporation within the 2nd quarter valued at about $26,111,00zero. 64.61% of the inventory is at present owned by institutional buyers and hedge funds.
Plenty of equities badysts lately weighed in on CHK shares. Piper Jaffray Companies set a $Four.00 worth goal on Chesapeake Energy Corporation and gave the corporate a “hold” ranking in a report on Thursday, October 19th. Stifel Nicolaus reissued a “buy” ranking on shares of Chesapeake Energy Corporation in a report on Friday, July 21st. Scotiabank set a $5.00 worth goal on Chesapeake Energy Corporation and gave the corporate a “hold” ranking in a report on Thursday, August third. BidaskClub reduce Chesapeake Energy Corporation from a “sell” ranking to a “strong sell” ranking in a report on Monday, August 14th. Finally, Vetr reduce Chesapeake Energy Corporation from a “strong-buy” ranking to a “buy” ranking and set a $5.23 worth goal on the inventory. in a report on Monday, July 17th. Five equities badysis badysts have rated the inventory with a promote ranking, fourteen have given a maintain ranking, six have badigned a purchase ranking and one has issued a powerful purchase ranking to the corporate. The inventory has a mean ranking of “Hold” and a consensus worth goal of $5.84.
Shares of Chesapeake Energy Corporation (CHK) traded up $zero.08 throughout buying and selling hours on Friday, reaching $three.74. The firm’s inventory had a buying and selling quantity of 29,055,348 shares, in comparison with its common quantity of 24,840,132. The inventory has a market capitalization of $three,398.49, a PE ratio of 6.23 and a beta of two.15. Chesapeake Energy Corporation has a 1-year low of $three.41 and a 1-year excessive of $eight.20. The firm has a fast ratio of zero.58, a present ratio of zero.53 and a debt-to-equity ratio of -Four.17.
Chesapeake Energy Corporation (NYSE:CHK) final posted its quarterly earnings outcomes on Thursday, November 2nd. The oil and fuel exploration firm reported $zero.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $zero.10 by $zero.02. Chesapeake Energy Corporation had a unfavourable return on fairness of 19.93% and a internet margin of two.77%. The agency had income of $979.00 million in the course of the quarter, in comparison with badysts’ expectations of $1.05 billion. During the identical quarter within the earlier yr, the enterprise earned $zero.09 earnings per share. The firm’s income was down 16.eight% on a year-over-year foundation. sell-side badysts predict that Chesapeake Energy Corporation will submit zero.71 EPS for the present fiscal yr.
In different Chesapeake Energy Corporation information, Director R Brad Martin bought 25,00zero shares of the agency’s inventory in a transaction dated Friday, August 11th. The inventory was bought at a mean worth of $Four.11 per share, for a complete transaction of $102,750.00. Following the completion of the acquisition, the director now immediately owns 547,358 shares of the corporate’s inventory, valued at $2,249,641.38. The acquisition was disclosed in a authorized submitting with the SEC, which is accessible via this hyperlink. 1.10% of the inventory is owned by insiders.
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Chesapeake Energy Corporation Profile
Chesapeake Energy Corporation produces pure fuel, oil and pure fuel liquids (NGL) within the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Exploration and manufacturing is engaged to find and producing oil, pure fuel and NGL. Marketing, gathering and compression is engaged in advertising and marketing, gathering and compression of oil, pure fuel and NGL.
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