Chesapeake Energy Corporation (NYSE:CHK) Undervalued by 1.2%

Chesapeake Energy Wall Street Analysts’ Recommendations

Chesapeake Energy Corporation shares decreased -3.68 percent over the past week and rose 15.11 percent over the previous month. The firm owned 8,219,258 shares of the oil and gas exploration company's stock after buying an additional 433,272 shares during the quarter. Given that its average daily volume over the 30 days has been 30.71M shares a day, this signifies a pretty significant change over the norm. UBS Oconnor LLC acquired a new position in shares of Chesapeake Energy Corporation in the second quarter worth $122,000.

Consequently Chesapeake Energy Corp (NYSE:CHK)'s weekly and monthly volatility is 4.25%, 3.92% respectively. Prudential Financial Inc. boosted its position in shares of Chesapeake Energy Corporation by 6.3% during the 1st quarter. On July 21 Citigroup made no change to the stock rating of "Neutral" and lowered the price expectation from $9.00 to $5.00. Institutional investors and hedge funds own 64.56% of the company's stock.

A number of other research firms have also issued reports on CHK. For the next 5 years, Chesapeake Energy Corporation is expecting Growth of 5% per annum, whereas in the past 5 years the growth was -9.67% per annum. The average estimate of Wall Street analysts had projected 0.15.

The Evil Within 2 | Launch Trailer
EF Games hope to bring you a full review of The Evil Within 2 later this month. However, it is a unsafe and horrifying place.

Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). At the time of writing, the First Call consensus price target for the company is $4.77. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". The stock has an average rating of "Hold" and a consensus price target of $6.01. TRADEMARK VIOLATION NOTICE: This piece was originally published by Week Herald and is the sole property of of Week Herald. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of United States and global trademark and copyright legislation. Share performance for the month is now at -5.24%. It has outperformed by 33.04% the S&P500.The move comes after 6 months negative chart setup for the $3.43 billion company. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insider activity and sentiment signals are important to monitor because they can shed light on how "risky" a stock is perceived to be at it's current valuation. Wolfe Research started coverage on Chesapeake Energy Corporation in a report on Thursday, June 15th.

The company is down from yesterday's close of 3.91. The stock touched 52-week High of $8.20 on 12/12/16 and 52-week Low of $3.55 on 08/29/17. Checking some other stock price data, we can see that the recent distance from the 50 day high was noted at -23.14% and the separation from the 50 day low is presently 7.61%.

Chesapeake Energy Corporation (NYSE:CHK) last announced its earnings results on Thursday, August 3rd.

Analysts See $8.43 EPS for Alphabet Inc (GOOGL)
In other Alphabet news, Director Ann Mather sold 37 shares of Alphabet stock in a transaction on Friday, September 1st. The stock of Alphabet Inc (NASDAQ: GOOGL ) has "Buy" rating given on Thursday, July 20 by Stifel Nicolaus.

While considering EPS estimates of the company, it has next quarter growth estimates of 0.21 whereas during current year it has 0.72 estimations over growth, comparing to the estimations of 0.74 during next year. Chesapeake Energy Corporation (NYSE:CHK) has risen 49.74% since October 12, 2016 and is uptrending.

Keeping an eyeball on Moving Averages, the 50-day is 4.002; the 200-day is at 4.828, for Chesapeake Energy Corporation (CHK). The firm's revenue for the quarter was up 40.6% on a year-over-year basis. Chesapeake Energy Corporation (CHK) now has 908340 shares outstanding, which means that its market capitalization is $3.56B.

Chesapeake Energy Corporation (Chesapeake), launched on November 19, 1996, is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two divisions: Exploration and Production, and Marketing, Gathering and Compression.

Royal Mail wins injunction against CWU strikes
As previously reported, the CWU members have voted for industrial action, with a 48-hour walkout scheduled to start on 19 October. Update: 17:50: Here's a video from Royal Mail explains that it's business as usual as negotiations continue.

In this part, we'll look at the top gainers from the oil and gas production or upstream sector in the U.S. this week (starting October 9). The marketing, gathering and compression segment is responsible for marketing, gathering and compression of oil, natural gas and NGL. (NASDAQ:TROV) might see muted action given an ABR of 2.9 or Hold rating.

Related News:

  • Things to Watch in Wells Fargo's Results

    Things to Watch in Wells Fargo's Results

    Alexandria Capital LLC boosted its holdings in Wells Fargo & by 0.3% during the 1st quarter. 102,078 are held by Afam Capital. Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment.
    'Human remains' found as family fears missing grandmother was taken by crocodile

    'Human remains' found as family fears missing grandmother was taken by crocodile

    Ms Cameron's granddaughter Isabella Eggins said her family was of "firm belief" her nan had passed away in "tragic circumstances". Officers from the state Department of Environment and Heritage Protection have been searching for any crocodiles in the area.

    Tesla voluntarily recalls 11000 Model X for seat problems-again

    Tesla Model X owners can take their vehicle to a dealer for repairs or reach out to Tesla's mobile fix units. Until then, Tesla warns against have two adults sitting in the left and center second-row seats.
  • Arsenal boss Wenger loses rag with Merson

    Arsenal boss Wenger loses rag with Merson

    We were 2-0 down at half-time and it could've been 10-0. 'That's when I knew he was a great manager'. I thought 'what have I done coming here - this is going to be embarrassing'.

    Western Digital's new MAMR technology promises 40TB HDDs by 2025

    Storage drives have come a long way in the past 10 years, but that's nothing in comparison with what Western Digital has planned. Previously, WD looked into a heat-assisted magnetic recording (HAMR) technology to dramatically increase data storage capacity.

    Draw In Crude Inventories Lifts Oil Prices

    This likely means OPEC must deepen its production cuts to finish its job of bringing oil stocks back to the five-year average. US commercial crude oil inventories decreased by 2.8 million barrels from the previous week, the EIA said.
  • United Kingdom  govt publishes Clean Growth Strategy

    United Kingdom govt publishes Clean Growth Strategy

    He said: "It is great to see this long awaited strategy setting out the government's ambitions for clean growth". It's as big a change as the move from the age of steam to the age of oil and Britain is showing the way.
    DICE addresses Star Wars: Battlefront II loot box concerns

    DICE addresses Star Wars: Battlefront II loot box concerns

    There's been quite a backlash recently against loot crates and progression systems that encourage players to spend more cash. We will keep you updated on the game as soon as more come in on it, so stay tuned for all the latest news.
    Shiv Sena leader's vehicle  runs over schoolchildren in Maharashtra's Baramati, 2 killed

    Shiv Sena leader's vehicle runs over schoolchildren in Maharashtra's Baramati, 2 killed

    The arrested trio are identified as Akash Jagtap, Hrishikesh Chavadhar, and Prithviraj Chavan, all residents of Baramati. A Shiv Sena leader's auto allegedly ran over three girls on their way to school in Maharashtra's Baramati this morning.
  • GM Idling Detroit-Hamtramck Plant 6 Weeks

    GM said in a statement that effective October 20 its Detroit-Hamtramck plant "will operate under a reduced production schedule". In the first nine months of 2017, GM sold 15,634 LaCrosse models, a 21 percent drop from past year .
    The Latest Chevron Corporation (CVX) Insider Trading Activity

    The Latest Chevron Corporation (CVX) Insider Trading Activity

    After $0.28 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts 78.57% EPS growth. Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock.
    HSBC names John Flint as next CEO

    HSBC names John Flint as next CEO

    London-based HSBC on Thursday named John Flint , now head of its retail bank, as its new Chief executive, effective February 21. After some strong profitable years under Gulliver, HSBC earnings plunged in 2016 on huge writedowns and restructuring charges.


Most liked

Aaron Rodgers: No surprise he's Offensive Player of the Week
Aaron Rodgers had more magic in store for the Dallas Cowboys , who can't seem to find the mojo that carried them a year ago. Green Bay rallied from 15 points behind in the first half after letting a 21-3 lead get away in last season's playoff win.

Avengers Infinity War: Major MCU 'plot hole' addressed by Kevin Feige
We'll keep our finger on the pulse of all things Marvel, and update you when new information becomes available. It'll probably be apart of ah, I don't know, apart of an in print that you can fold out and look at.

Roger Goodell's wife created anonymous Twitter account to defend her husband
Skinner was a former daytime news anchor, who worked for Fox News Channel and co-hosted "Happening Now" with Jon Scott. The Journal also claimed that Commissioner Goodell was unaware of his wife Twitter habit.

Citigroup Inc (C) Q3 Earnings Beat, Despite Very Weak Fixed Income Performance
JPMorgan fared worse last quarter than rival Citigroup Inc C.N , which reported a 16 percent decline in bond trading on Thursday. While Citi's trading desks focus heavily on bond and currency trading, it was the bank's other trading desks that stood out.

Oxford to Implement a Zero-Emissions Zone
Despite NO2 levels dropping by 36.9 per cent across Oxford, certain parts of the city centre are still highly polluted. According to The Evening Standard the proposed ban is in response to air pollution in city being pretty disgusting .

Twitter suspends Rose McGowan's account after Ben Affleck tweets
The Times said the document included language that the settlement did not constitute an admission of guilt on Weinstein's part. The actor, who starred in " Charmed " and " Scream ", reached a $100,000 settlement with Weinstein in 1997.

White restaurant manager in SC charged with enslaving black cook
The complaint claimed Bobby reported that the victim made less than $1,000 per quarter-despite him regularly working 18-hour days. State social workers vetted a tip from someone concerned for Smith's safety and came to Smith's rescue, the Courier reported.

Amazon offering 120K temporary jobs at its warehouse for holidays
Amazon announced Thursday it is hiring more than 3,000 seasonal employees in Maryland as the e-commerce giant gears up for the holiday season.

Michael Jordan concerned about National Basketball Association super teams
Jordan, 54, also said he lacks the patience to be a coach, saying his biggest problem is the focus level of today's players. Social media, Twitter, all types of things that have invaded the personal time of individuals.

Technical Analysis Perspective: Gilead Sciences, Inc. (GILD), Spherix Incorporated (SPEX)
Security Trust has 0.69% invested in Gilead Sciences, Inc. (NASDAQ:GILD) earned "Hold" rating by Maxim Group on Tuesday, May 30. Its down 0.88, from 1.79 in 2017Q1. (MD) shares while 19 reduced holdings. 111 funds opened positions while 603 raised stakes.

Samsung Electronics shares jump on expected record third-quarter memory chip profit
Revenue likely rose 29.7 percent from a year earlier to 62 trillion won, Samsung said in a regulatory filing. The consumer electronics division will also benefit from strong seasonal demand, he added.

Walt Disney Company (The) (DIS) Upgraded to "Strong-Buy" at Vetr Inc
Return on equity was booked as 1.70% while return on assets was 0.80%. 29 funds opened positions while 68 raised stakes. Whereas, in last 21 trading days (one month) was surged 0.67% and plunged in last 63 trading days (quarter) of -5.50%.

Old video of GoT's Jason Momoa joking about 'raping handsome women' resurfaces
Momoa made the comment at San Diego Comic-Con in 2011, where both the actor and a portion of the crowd got a laugh out of it. Others defended the clip, saying it was old and it was referring to his character in the show.

Twenty-First Century Fox, Inc. (NasdaqGS:FOXA)'s Valuation Review According to Quant
The company reported $0.54 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.48 by $0.06. Perhaps, that suggests something about why 54.41% of the outstanding share supply is held by institutional investors.

'High Castle' Producer Accuses Amazon Studio Chief of Harassment
The decision came hours after The Hollywood Reporter published a producer's detailed claims of harassment by Price. Price joined Amazon in 2004, overseeing the launch of its digital video store and eventually its streaming service.