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Chesapeake Energy Corporation (CHK) Expected to Post Earnings of $0.23 Per Share

18 December 2017

The average twelve-month price target among brokers that have issued ratings on the stock in the previous year is $5.53. The Return on Investment and Return on Equity (ROE) values are -0.9 percent and 5 percent, respectively. Chesapeake Energy had a negative return on equity of 19.93% and a net margin of 2.77%. At the moment, the stock is trading for about -52.42% less than its 52-week high. There is no guarantee that when share prices reach a 52 week low, the stock will begin to trade higher - it could break down to an even lower level. Chesapeake Energy Corporation (NYSE:CHK) has risen 49.74% since December 17, 2016 and is uptrending. It has outperformed by 33.04% the S&P500. CME's SI was 4.57M shares in December as released by FINRA. Provise Gp Lc accumulated 5,184 shares. With 1.32 million avg volume, 4 days are for Cme Group Class A (NASDAQ:CME)'s short sellers to cover CME's short positions. Piper Jaffray Companies set a $6.00 price target on Chesapeake Energy and gave the stock a "hold" rating in a research report on Thursday, August 24th. About 2.24M shares traded or 74.87% up from the average. It has outperformed by 2.84% the S&P500.

Investors sentiment increased to 1.19 in 2017 Q2. The low EPS estimate is $-0.08, while the high EPS estimate is $1.21. Chesapeake Energy comprises 4.9% of Old West Investment Management LLC's investment portfolio, making the stock its 4th largest holding. 60 funds opened positions while 136 raised stakes. The oil and gas exploration company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.10 by $0.02. Toronto Dominion Bancorp reported 249,025 shares. It improved, as 54 investors sold CHK shares while 111 reduced holdings. Wells Fargo & Mn has 754,528 shares for 0.02% of their portfolio. Raymond James Financial Svcs owns 0% invested in SandRidge Permian Trust (NYSE:PER) for 14,341 shares. Gotham Asset Management LLC purchased a new stake in Chesapeake Energy during the second quarter worth $126,000. State Of Wisconsin Investment Board reported 187,044 shares stake. 1,700 are held by Benjamin F Edwards Company. Texas Permanent School Fund has 0.01% invested in Chesapeake Energy Corporation (NYSE:CHK) for 214,318 shares.

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Ifc Hldgs Fl holds 10,819 shares. Stoneridge Invest Ltd Liability Com holds 0.25% or 340,450 shares in its portfolio. Arizona State Retirement Sys owns 189,193 shares.

ILLEGAL ACTIVITY WARNING: "Chesapeake Energy Corporation (CHK) Expected to Post Earnings of $0.23 Per Share" was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. During the same quarter a year ago, the firm posted $0.09 earnings per share. The Stock shows P/E value of 0 and Forward P/E of 25.3. During the same period last year, the firm posted $0.09 EPS. equities analysts anticipate that Chesapeake Energy will post 0.76 earnings per share for the current fiscal year.

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Shares of Chesapeake Energy Corporation (NYSE:CHK) have been assigned a consensus recommendation of "Hold" from the twenty-five research firms that are presently covering the firm, Marketbeat reports. Therefore 22% are positive. Three analysts have made estimates for Chesapeake Energy's earnings. RBC Capital Markets upgraded the stock to "Sector Perform" rating in Tuesday, October 25 report. The stock has "Hold" rating by Argus Research on Wednesday, April 27. Keefe Bruyette & Woods maintained it with "Buy" rating and $152.0 target in Monday, December 4 report. The original version of this piece can be accessed at https://www.thelincolnianonline.com/2017/12/17/chesapeake-energy-corporation-chk-receives-5-53-consensus-price-target-from-brokerages.html. The firm has "Sell" rating by UBS given on Friday, February 12. Stifel Nicolaus maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Wednesday, September 13. The firm has "Neutral" rating by Bank of America given on Friday, October 21. The company was maintained on Tuesday, August 16 by Barclays Capital.

Investors sentiment decreased to 1.01 in 2017 Q2. Its down 0.06, from 0.93 in 2017Q1. It worsened, as 38 investors sold CME Group Inc. shares while 226 reduced holdings. 74 funds opened positions while 170 raised stakes. Parsons Cap Ri reported 0.07% stake. Us Bancshares De holds 31,769 shares. Cmt Asset Mgmt invested in 0% or 15,000 shares. (NASDAQ:CME). Guardian Cap Lp invested in 0.18% or 92,334 shares. Accern also gave news stories about the oil and gas exploration company an impact score of 45.9601178874105 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. Carroll Fincl Assoc reported 2,200 shares. 1,028 were reported by San Francisco Sentry Invest Grp Inc (Ca). Moreover, Citigroup has 0% invested in Enphase Energy, Inc. (NASDAQ:CME). Livforsakringsbolaget Skandia Omsesidigt has 0.07% invested in CME Group Inc. (NASDAQ:ENPH) for 966 shares. Deutsche Bancshares Ag invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH) for 66,535 shares. Legal And General Gru Public Limited Company, a United Kingdom-based fund reported 2.48M shares. DUFFY TERRENCE A sold $2.70 million worth of stock.

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