Chesapeake Energy Co. (NYSE:CHK)’s share price gapped up prior to trading on Monday . The stock had previously closed at $1.46, but opened at $1.39. Chesapeake Energy shares last traded at $1.34, with a volume of 1,397,732 shares.

A number of analysts have recently weighed in on the stock. UBS Group set a $2.00 price objective on shares of Chesapeake Energy and gave the stock a “sell” rating in a research note on Thursday, June 20th. Zacks Investment Research upgraded shares of Chesapeake Energy from a “sell” rating to a “hold” rating and set a $2.50 price objective for the company in a research note on Tuesday, September 17th. MKM Partners dropped coverage on shares of Chesapeake Energy in a research note on Tuesday, October 8th. ValuEngine upgraded shares of Chesapeake Energy from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Finally, SunTrust Banks set a $2.00 price objective on shares of Chesapeake Energy and gave the stock a “hold” rating in a research note on Wednesday, August 7th. Eight equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. Chesapeake Energy presently has a consensus rating of “Hold” and a consensus target price of $3.05.

The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 1.49 and a beta of 2.45. The company’s 50 day moving average is $1.50 and its 200 day moving average is $2.01. The company has a debt-to-equity ratio of 3.79, a quick ratio of 0.62 and a current ratio of 0.62.

Chesapeake Energy (NYSE:CHK) last released its earnings results on Tuesday, August 6th. The oil and gas exploration company reported ($0.10) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.03). The company had revenue of $2.37 billion for the quarter, compared to analyst estimates of $1.17 billion. Chesapeake Energy had a net margin of 6.70% and a return on equity of 90.53%. Chesapeake Energy’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 earnings per share. On average, equities research analysts anticipate that Chesapeake Energy Co. will post -0.25 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in CHK. Westwood Holdings Group Inc. raised its stake in shares of Chesapeake Energy by 1.7% in the 2nd quarter. Westwood Holdings Group Inc. now owns 8,008,400 shares of the oil and gas exploration company’s stock valued at $15,616,000 after buying an additional 132,677 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Chesapeake Energy by 1.5% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 7,722,190 shares of the oil and gas exploration company’s stock valued at $15,059,000 after buying an additional 113,966 shares in the last quarter. Nuveen Asset Management LLC raised its stake in shares of Chesapeake Energy by 116.9% in the 2nd quarter. Nuveen Asset Management LLC now owns 2,208,493 shares of the oil and gas exploration company’s stock valued at $4,306,000 after buying an additional 1,190,265 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in shares of Chesapeake Energy by 47.1% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 1,922,828 shares of the oil and gas exploration company’s stock valued at $3,750,000 after buying an additional 616,037 shares in the last quarter. Finally, UBS Asset Management Americas Inc. raised its stake in shares of Chesapeake Energy by 5.6% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 1,731,060 shares of the oil and gas exploration company’s stock valued at $3,376,000 after buying an additional 91,079 shares in the last quarter. Hedge funds and other institutional investors own 68.79% of the company’s stock.

Chesapeake Energy Company Profile (NYSE:CHK)

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; Powder River Basin in Wyoming; and Mid-Continent in Anadarko Basin of northwestern Oklahoma.

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