Published: Sat, September 16, 2017
Finance | By Loren Pratt

Chesapeake Energy Corporation (CHK) Cut to "Hold" at Tudor Pickering

Chesapeake Energy Corporation (CHK) Cut to

This indicates more upside for the $1.33 billion company. We have $4.23 PT which if reached, will make NYSE:CHK worth $148.00 million more. About 82,461 shares traded or 99.84% up from the average. SAP SE (ADR) (NYSE:SAP) has risen 36.82% since September 15, 2016 and is uptrending. It has outperformed by 34.22% the S&P500. Short shares decreased 946,143 over that timeframe. KGJI's SI was 952,600 shares in September as released by FINRA. Tiedemann Wealth Management LLC now owns 16,999 shares of the oil and gas exploration company's stock valued at $101,000 after purchasing an additional 2,952 shares during the period. The SI to Kingold Jewelry Incorporated's float is 2.11%. Huttig Building Products Inc (NASDAQ:HBP) has risen 56.40% since September 15, 2016 and is uptrending. It has underperformed by 2.05% the S&P500.

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 has a market cap of $3.81 Billion. The Company, through its operating divisions and subsidiaries, is engaged in regulated and unregulated energy businesses. It has a 21.84 P/E ratio. The Firm provides natural gas distribution and transmission; natural gas supply, gathering, processing and marketing; electric distribution and generation; propane distribution; propane and crude oil wholesale marketing; steam generation, and other energy-related services.

Investors sentiment decreased to 1.61 in Q4 2016. Its up 0.02, from 1.17 in 2016Q3. Archford Capital Strategies LLC acquired a new position in shares of Chesapeake Energy Corporation during the second quarter valued at about $984,000. Deutsche Bank maintained the shares of CHK in report on Friday, March 11 with "Hold" rating. Intrust Bancorporation Na accumulated 6,846 shares. D E Shaw & Commerce accumulated 8,261 shares.

According to analysts Chesapeake Energy Corp (NYSE:CHK)'s minimum EPS for the current quarter is at $0.07 and can go high up to $0.23.

Chesapeake Utilities Corporation (NYSE:CPK) opened at 67.40 on Friday. Da Davidson And stated it has 50 shares. Sei Investments has invested 0% in Chesapeake Utilities Corporation (NYSE:CPK). During the same period previous year, the firm posted ($0.14) earnings per share. Tiaa Cref Investment Mgmt Ltd Liability reported 2.43M shares. Its book value per share for the most recent quarter is $-2.87 while its price to book ratio for the same period is 0, as for as the company's cash per share for the most recent quarter is $0.01, however its price to cash per share ratio for the same period is 304.58.

Analysts have given a mean recommendation of 2.90 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).

Turning to earnings, analysts are expecting FMC Technologies, Inc. Past 5 years growth of Chesapeake Energy Corp (NYSE:CHK) observed at -9.67%, looking forward for the next 5 years it has a strong prediction of 5% over growth. The oil and gas exploration company reported $0.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.04. Therefore 23% are positive. The 6 months bullish chart indicates low risk for the $1.33 billion company. In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. Chesapeake Utilities had 11 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was upgraded by Hilliard Lyons to "Neutral" on Monday, August 10. RBC Capital Markets maintained the stock with "Hold" rating in Monday, May 29 report. Ladenburg Thalmann initiated the stock with "Neutral" rating in Friday, December 9 report. If the published price targets set by First Data Corporation analysts have any power to influence the stock's share price, the highest price target set for FDC is $25. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands. BidaskClub raised shares of Chesapeake Utilities Corporation from a "hold" rating to a "buy" rating in a research report on Tuesday, July 25th. The stock's last price was lower from the average trading price of 50 days recorded at $4.28 while enlarging the period to 200 trading days, the average price was $5.53. The firm has "Equal-Weight" rating given on Tuesday, August 16 by Capital One.

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