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Is Chesapeake Energy Corporation (NYSE:CHK) A Safe Bet For Investors?

15 November 2017

Six research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the company's stock.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

CHK has been the topic of a number of recent research reports. Zacks Investment Research's EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Chesapeake Energy Corporation. According to their predictions high & low revenue estimates are 2.34 Billion and 2.14 Billion respectively. The stock of Chesapeake Utilities Corporation (NYSE:CPK) has "Neutral" rating given on Monday, August 10 by Robert W. Baird. Jefferies Group set a $4.00 target price on Chesapeake Energy Corp. and gave the company a "sell" rating in a research note on Wednesday, October 19th.

In the week ending November 10, Chesapeake Energy stock rose ~11%, compared to the previous week, which ended on November 3.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kennedy Capital Management Inc. lifted its position in shares of Chesapeake Utilities Corporation by 61.7% during the 2nd quarter.

Trading volume, or volume, is the number of shares or contracts that point towards the overall activity of a security or market for a given period. Vanguard Group Inc. now owns 108,761,169 shares of the oil and gas exploration company's stock worth $540,542,000 after acquiring an additional 17,615,861 shares during the last quarter. Trading volume for Chesapeake Energy Corporation was 26.93 Million in its previous trading session.

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Also, SVP Karen Walker sold 23,110 shares of the firm's stock in a transaction on Wednesday, September 13th. After a recent spot-check, the stock has touched $34.13 which represents a change from the open of 0.81%.

The company's quick ratio for most recent quarter is 0.5 along with current ratio for most recent quarter of 0.5. Capstone Asset Management Co. increased its position in shares of Chesapeake Energy Corp.by 5.8% in the third quarter. BlueCrest Capital Management Ltd now owns 582,336 shares of the oil and gas exploration company's stock valued at $2,894,000 after acquiring an additional 450,336 shares during the last quarter.

Investors are always on the look for the next great stock to own. While prices fell to $56.74 by the end of the week, they're still 8.4% higher than the beginning of the year.

Chesapeake Energy Corporation (CHK) opened at $4.15 on Tuesday. (HD) stock price distance from twenty day simple moving average surged at 1.44% while its distance from fifty day simple moving average raised 2.67% along with 9.04% above distance from two hundred simple moving averages. Chesapeake Energy Corp (NYSE:CHK) has a market cap of $3.74 Billion and the number of outstanding shares have been calculated 902.1 Million.

Let's take a quick look at how the price of Chesapeake Utilities Corporation (NYSE:CPK) is now trading in comparison to some of its simple moving averages. The oil and gas exploration company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. Revenue during the quarter was $1.22 billion, representing 2% growth from $1.2 billion in year-ago quarter. For the next financial year, analysts expect that the business will report earnings of $0.79 per share, with EPS estimates ranging from $0.35 to $1.18.

Chesapeake has annual revenue of almost $500 million a year. Chesapeake Utilities Corporation reported sales of $141.87 million in the same quarter last year, which indicates a positive year-over-year growth rate of 4.4%.

Chesapeake Energy Corporation (Chesapeake) is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Chesapeake owns interests in producing oil and gas wells concentrated in three primary operating areas: the Mid-Continent region of Oklahoma, western Arkansas, southwestern Kansas and the Texas Panhandle; the Gulf Coast region consisting primarily of the Austin Chalk Trend in Texas and Louisiana and the Tuscaloosa Trend in Louisiana; and the Helmet area of northeastern British Columbia.