Chesapeake Energy Corporation (NYSE:CHK) – Imperial Capital issued their Q1 2018 earnings estimates for Chesapeake Energy Corporation in a note issued to investors on Friday. Imperial Capital analyst J. Wangler anticipates that the oil and gas exploration company will post earnings of $0.28 per share for the quarter. Imperial Capital has a “In-Line” rating and a $5.00 price target on the stock. Imperial Capital also issued estimates for Chesapeake Energy Corporation’s Q2 2018 earnings at $0.18 EPS, Q3 2018 earnings at $0.19 EPS and Q4 2018 earnings at $0.26 EPS.

Other equities research analysts also recently issued reports about the stock. Vetr downgraded shares of Chesapeake Energy Corporation from a “strong-buy” rating to a “buy” rating and set a $5.23 target price on the stock. in a research report on Tuesday, July 11th. Citigroup Inc. cut their target price on shares of Chesapeake Energy Corporation from $8.00 to $5.00 and set a “neutral” rating on the stock in a research report on Friday, July 21st. Jefferies Group LLC reiterated a “hold” rating and set a $5.00 target price on shares of Chesapeake Energy Corporation in a research report on Friday, July 21st. ValuEngine upgraded shares of Chesapeake Energy Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Piper Jaffray Companies cut their target price on shares of Chesapeake Energy Corporation from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Monday, September 18th. Five analysts have rated the stock with a sell rating, fourteen have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $5.84.

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Chesapeake Energy Corporation (NYSE CHK) traded up $0.44 during trading hours on Monday, reaching $4.18. 49,729,060 shares of the company traded hands, compared to its average volume of 25,860,000. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of -4.17. Chesapeake Energy Corporation has a twelve month low of $3.41 and a twelve month high of $8.20. The firm has a market cap of $3,780.00, a P/E ratio of 6.23 and a beta of 2.18.

Chesapeake Energy Corporation (NYSE:CHK) last posted its earnings results on Thursday, November 2nd. The oil and gas exploration company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.10 by $0.02. Chesapeake Energy Corporation had a net margin of 2.77% and a negative return on equity of 19.93%. The business had revenue of $979.00 million for the quarter, compared to the consensus estimate of $1.05 billion. During the same period last year, the company earned $0.09 EPS. The firm’s revenue was down 16.8% compared to the same quarter last year.

Hedge funds have recently made changes to their positions in the business. Chicago Equity Partners LLC bought a new stake in Chesapeake Energy Corporation during the 2nd quarter valued at $1,524,000. Pennsylvania Trust Co bought a new stake in Chesapeake Energy Corporation during the 2nd quarter valued at $1,244,000. HighTower Advisors LLC increased its stake in Chesapeake Energy Corporation by 11.9% during the 1st quarter. HighTower Advisors LLC now owns 59,667 shares of the oil and gas exploration company’s stock valued at $355,000 after purchasing an additional 6,367 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of Chesapeake Energy Corporation by 314.3% in the 1st quarter. Bank of Nova Scotia now owns 206,715 shares of the oil and gas exploration company’s stock worth $1,228,000 after acquiring an additional 156,820 shares in the last quarter. Finally, BlueCrest Capital Management Ltd grew its stake in shares of Chesapeake Energy Corporation by 341.2% in the 2nd quarter. BlueCrest Capital Management Ltd now owns 582,336 shares of the oil and gas exploration company’s stock worth $2,894,000 after acquiring an additional 450,336 shares in the last quarter. Institutional investors and hedge funds own 64.55% of the company’s stock.

In other Chesapeake Energy Corporation news, Director R Brad Martin purchased 25,000 shares of the firm’s stock in a transaction on Friday, August 11th. The stock was acquired at an average price of $4.11 per share, for a total transaction of $102,750.00. Following the purchase, the director now owns 547,358 shares of the company’s stock, valued at approximately $2,249,641.38. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.14% of the company’s stock.

Chesapeake Energy Corporation Company Profile

Chesapeake Energy Corporation produces 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. Exploration and production is engaged in finding and producing oil, natural gas and NGL. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.

Earnings History and Estimates for Chesapeake Energy Corporation (NYSE:CHK)

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