Chesapeake Energy's stock rocked as oil-price plunge turns analyst bearish

Gideon Capital Advisors Inc. now owns 35,174 shares of the oil and gas exploration company's stock valued at $247,000 after buying an additional 24,610 shares during the last quarter. Moors Cabot Inc holds 0.02% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 14,424 shares. Putnam Investments LLC raised its position in shares of Chesapeake Energy by 6.9% in the fourth quarter. FMR LLC raised its position in Chesapeake Energy by 0.3% in the first quarter. Marshall Wace LLP now owns 235,121 shares of the oil and gas exploration company's stock valued at $1,651,000 after buying an additional 131,686 shares during the period. Chesapeake Energy Corporation has a 52-week low of 3.93 and a 52-week high of 8.20. We have $4.79 PT which if reached, will make NYSE:CHK worth $184.80 million less. In early trading, the stock has dipped -7.64% on steady volume. The stock's average target of $7.40 is 54.17% above today's ($4.8) share price.

The stock Hit its 1-year high of $8.20 on 12/12/16 and its 1-year low price of $3.93 on 06/27/16. Chesapeake Energy also was the target of unusually large options trading activity on Tuesday. Investors purchased 5,711 call options on the stock. This represents an increase of 272% compared to the typical volume of 1,536 call options. The oil and gas exploration company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.04. The firm's market capitalization is $4.23 billion. During the same quarter in the previous year, the company earned ($0.10) EPS.

As of the last earnings report the EPS was $-33.88 and is estimated to be $0.86 for the current year with 890,875,000 shares now outstanding.

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A price target is the projected price level of a financial security stated by an investment analyst.

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Ratings analysis reveals 14% of Chesapeake Energy's analysts are positive. It dived, as 66 investors sold Chesapeake Energy Corporation shares while 91 reduced holdings.

P/E of the company is not reported. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned "Sector Perform" rating by RBC Capital Markets on Tuesday, October 25. SunTrust Banks, Inc. reissued a "buy" rating and set a $9.00 price objective on shares of Chesapeake Energy in a research note on Monday, May 1st. Stuyvesant Capital Management acquired 103,000 shares as Chesapeake Energy Corp (CHK)'s stock declined 5.25%. Pomelo Capital Llc sold 1.25M shares as the company's stock declined 5.25% while stock markets rallied. $7.43's average target is 48.90% above currents $4.99 stock price.

Along with these its year to date performance is standing at -30.06%. During the session shares stayed in the range from $5.18 to $4.98. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Following the transaction, the director now owns 440,355 shares of the company's stock, valued at $2,201,775.

In order to gauge which way a stock is trending, you must compare a stock's share price to its moving average. Following the purchase, the director now directly owns 501,958 shares in the company, valued at approximately $2,640,299.08. The disclosure for this purchase can be found here. Stocks that have a beta value under 1 have historically been less volatile than the overall market. It operates in two divisions: Exploration and Production, and Marketing, Gathering and Compression.

Grigel said his new lower outlook for crude oil prices will put pressure on Chesapeake's business and balance sheet, given the company's recent efforts to boost its exposure to oil over natural gas. The marketing, gathering and compression segment is responsible for marketing, gathering and compression of oil, natural gas and NGL.

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