Chesapeake Energy Corporation (CHK) EPS Estimated At $0.13

July 11, 2018 - By Vernon Prom

Chesapeake Energy Corporation (NYSE:CHK) LogoInvestors sentiment increased to 1.28 in 2018 Q1. Its up 0.24, from 1.04 in 2017Q4. It increased, as 69 investors sold Chesapeake Energy Corporation shares while 74 reduced holdings. 62 funds opened positions while 121 raised stakes. 516.33 million shares or 5.93% less from 548.86 million shares in 2017Q4 were reported.
James Inv Research Incorporated invested in 837,542 shares or 0.09% of the stock. Germany-based Dekabank Deutsche Girozentrale has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). North Star Asset has invested 0.25% in Chesapeake Energy Corporation (NYSE:CHK). Tci Wealth Advsrs Incorporated holds 0% in Chesapeake Energy Corporation (NYSE:CHK) or 1,631 shares. Moreover, Mackenzie has 0.07% invested in Chesapeake Energy Corporation (NYSE:CHK) for 9.62 million shares. Focused Wealth invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Cmt Asset Mgmt invested in 1% or 15,000 shares. Bnp Paribas Arbitrage has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Legal General Grp Public Limited Com stated it has 0% in Chesapeake Energy Corporation (NYSE:CHK). Massmutual Fsb Adv reported 0% stake. Nomura Asset Mgmt Com holds 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 22,000 shares. Exane Derivatives holds 0% or 1 shares in its portfolio. Miracle Mile Limited Liability Company invested in 0.01% or 27,100 shares. 1,000 are held by Community Commercial Bank Na. 746,471 were accumulated by Mutual Of America Capital Mngmt Ltd Liability.

Analysts expect Chesapeake Energy Corporation (NYSE:CHK) to report $0.13 EPS on August, 2.They anticipate $0.05 EPS change or 27.78 % from last quarter’s $0.18 EPS. CHK’s profit would be $116.67 million giving it 9.90 P/E if the $0.13 EPS is correct. After having $0.34 EPS previously, Chesapeake Energy Corporation’s analysts see -61.76 % EPS growth. The stock decreased 4.63% or $0.25 during the last trading session, reaching $5.15. About 38.02 million shares traded or 1.83% up from the average. Chesapeake Energy Corporation (NYSE:CHK) has declined 16.99% since July 12, 2017 and is downtrending. It has underperformed by 29.56% the S&P500.

Chesapeake Energy Corporation (NYSE:CHK) Ratings Coverage

Among 8 analysts covering Chesapeake Energy (NYSE:CHK), 1 have Buy rating, 3 Sell and 4 Hold. Therefore 13% are positive. Chesapeake Energy had 10 analyst reports since January 16, 2018 according to SRatingsIntel. As per Monday, March 12, the company rating was maintained by BMO Capital Markets. Stephens maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Tuesday, March 13. Stephens has “Hold” rating and $5.0 target. Citigroup downgraded the stock to “Sell” rating in Tuesday, April 17 report. As per Wednesday, March 14, the company rating was maintained by Piper Jaffray. The rating was maintained by Susquehanna on Monday, March 5 with “Hold”. On Tuesday, April 24 the stock rating was maintained by Stephens with “Hold”. Mizuho downgraded Chesapeake Energy Corporation (NYSE:CHK) on Tuesday, January 16 to “Underperform” rating. The firm has “Sell” rating by Bernstein given on Monday, March 26.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company has market cap of $4.62 billion. It operates in two divisions, Exploration and Production; and Marketing, Gathering, and Compression. It currently has negative earnings. The firm holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania.

More notable recent Chesapeake Energy Corporation (NYSE:CHK) news were published by: Gurufocus.com which released: “US Market Indexes Close Lower on Wednesday” on July 11, 2018, also Seekingalpha.com with their article: “Chesapeake Energy May Have A Second Big Oil Discovery” published on July 10, 2018, Seekingalpha.com published: “Natural Gas Prices May Finally Aid Chesapeake Energy” on June 14, 2018. More interesting news about Chesapeake Energy Corporation (NYSE:CHK) were released by: Benzinga.com and their article: “Investor Movement Index June Summary” published on July 10, 2018 as well as Seekingalpha.com‘s news article titled: “2 Energy Stocks That Are Breaking Out” with publication date: June 27, 2018.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Positions Chart

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