(CHK) Releases Earnings Results, Beats Expectations By $0.04 EPS

Blue Ridge Capital Ltd Llc invested in 1.05% or 11.88M shares. (NYSE:CHK) by 75.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The short ratio in the company's stock is documented at 3.43 and the short float is around of 15.09%.

Average production expenses during the 2017 first quarter were $2.84 per boe, while G&A expenses (counting stock-based compensation) during the 2017 first quarter were $1.35 per boe. The original version of this news story can be read at https://sportsperspectives.com/2017/05/05/chesapeake-energy-co-chk-releases-earnings-results-beats-expectations-by-0-04-eps.html. National Planning Corp now owns 17,051 shares of the oil and gas exploration company's stock valued at $110,000 after buying an additional 2,069 shares during the period. Harris Associates L P raised its stake in Chesapeake Energy by 1,007.7% in the third quarter. Cleararc Capital Inc. now owns 18,119 shares of the oil and gas exploration company's stock worth $127,000 after buying an additional 2,117 shares during the last quarter. Allianz Asset Management AG boosted its position in Chesapeake Energy by 511.4% in the fourth quarter. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Cleararc Capital Inc. raised its position in shares of Chesapeake Energy by 13.2% in the fourth quarter. The number of shares now owned by investors are 912 mln.

Chesapeake Energy now has a Zacks Rank #3 (Hold). The Company Touched its 52-Week High on 12/12/16 and 52-Week Low on 05/23/16. The stock weekly performance stands at 4.06% and monthly performance is at 8.03%. Chesapeake Energy Corporation had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has a 50 day moving average of $70.46 and a 200-day moving average of $66.63. Chesapeake Energy also was the target of some unusual options trading on Wednesday.

Depending on the earnings numbers reported, Chesapeake Energy Corporation (NYSE:CHK) stock may see increased volatility following the report.

Higher commodity prices and a $997 million drop in oil and gas asset impairment charges overcame a production drop, and allowed Chesapeake Energy (CHK) to move its first-quarter bottom line to black from red.

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9 analysts on average are expecting the company to report revenue of $2.27 Billion for the current quarter. Annual EPS Growth of past 5 years is -36.80%. Earnings, adjusted for non-recurring costs, were 23 cents per share.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by Markets Daily and is the property of of Markets Daily. If you are viewing this report on another website, it was copied illegally and reposted in violation of U.S. and global trademark & copyright legislation. Alphamark Ltd has invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). The rating was upgraded by Tudor Pickering on Tuesday, April 12 to "Hold".

While looking at the Stock's Performance, Chesapeake Energy Corporation now shows a Weekly Performance of -3.02%, where Monthly Performance is -18.83%, Quarterly performance is -20.47%, 6 Months performance is -4.29% and yearly performance percentage is -9.2%. Zacks Investment Research upgraded Chesapeake Utilities from a "hold" rating to a "buy" rating and set a $82.00 target price for the company in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, twenty have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Its last month's stock price volatility remained 8.14% which for the week approaches 7.71%.

Chesapeake Energy Corporation (CHK) belongs to the "Basic Materials" sector with an industry focus on "Independent Oil & Gas", with Mr. Robert Douglas Lawler as Chief Exec. Officer, Pres and Non Independent Director. The shares have slowed down in recent weeks, with their price down about -20.47% in the past three months.

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