Chesapeake Energy Corporation (NYSE:CHK)’s share price reached a new 52-week low on Monday . The company traded as low as $4.36 and last traded at $4.35, with a volume of 25,825,377 shares. The stock had previously closed at $4.53.

A number of equities analysts have recently weighed in on CHK shares. Scotiabank set a $5.00 price target on Chesapeake Energy Corporation and gave the stock a “hold” rating in a report on Thursday, August 3rd. Vetr upgraded Chesapeake Energy Corporation from a “buy” rating to a “strong-buy” rating and set a $5.23 price target for the company in a report on Monday, July 24th. Royal Bank Of Canada set a $7.00 price target on Chesapeake Energy Corporation and gave the stock a “hold” rating in a report on Monday, May 29th. BidaskClub cut Chesapeake Energy Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Finally, FBR & Co reiterated a “sell” rating on shares of Chesapeake Energy Corporation in a report on Friday, May 5th. Four research analysts have rated the stock with a sell rating, nineteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $6.74.

The stock has a 50-day moving average of $4.79 and a 200 day moving average of $5.48. The stock’s market capitalization is $3.92 billion.

Chesapeake Energy Corporation (NYSE:CHK) last issued its quarterly earnings results on Thursday, August 3rd. 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. The firm had revenue of $2.28 billion during the quarter, compared to analyst estimates of $1.07 billion. Chesapeake Energy Corporation had a negative return on equity of 16.10% and a negative net margin of 9.52%. The firm’s quarterly revenue was up 40.6% on a year-over-year basis. During the same period last year, the company posted ($0.14) EPS. Equities analysts predict that Chesapeake Energy Corporation will post $0.78 EPS for the current year.

In other news, Director R Brad Martin purchased 20,000 shares of the firm’s stock in a transaction on Friday, May 26th. The stock was purchased at an average cost of $5.26 per share, with a total value of $105,200.00. Following the purchase, the director now owns 501,958 shares in the company, valued at approximately $2,640,299.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas L. Ryan purchased 75,000 shares of the firm’s stock in a transaction on Wednesday, May 31st. The shares were purchased at an average cost of $5.00 per share, with a total value of $375,000.00. Following the completion of the purchase, the director now owns 440,355 shares in the company, valued at approximately $2,201,775. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 115,400 shares of company stock valued at $573,020. 1.14% of the stock is currently owned by corporate insiders.

Several large investors have recently added to or reduced their stakes in CHK. Harris Associates L P raised its stake in Chesapeake Energy Corporation by 96.4% in the first quarter. Harris Associates L P now owns 65,475,640 shares of the oil and gas exploration company’s stock valued at $388,926,000 after buying an additional 32,145,200 shares in the last quarter. Vanguard Group Inc. raised its stake in Chesapeake Energy Corporation by 8.3% in the first quarter. Vanguard Group Inc. now owns 91,145,308 shares of the oil and gas exploration company’s stock valued at $541,403,000 after buying an additional 6,948,058 shares in the last quarter. State Street Corp raised its stake in Chesapeake Energy Corporation by 6.0% in the first quarter. State Street Corp now owns 43,785,695 shares of the oil and gas exploration company’s stock valued at $260,083,000 after buying an additional 2,476,711 shares in the last quarter. Schneider Capital Management Corp raised its stake in Chesapeake Energy Corporation by 34.1% in the first quarter. Schneider Capital Management Corp now owns 7,534,855 shares of the oil and gas exploration company’s stock valued at $44,757,000 after buying an additional 1,918,000 shares in the last quarter. Finally, James Investment Research Inc. raised its stake in Chesapeake Energy Corporation by 3,211.0% in the second quarter. James Investment Research Inc. now owns 1,726,694 shares of the oil and gas exploration company’s stock valued at $8,582,000 after buying an additional 1,674,544 shares in the last quarter. 64.73% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: “Chesapeake Energy Corporation (NYSE:CHK) Reaches New 1-Year Low at $4.36” was originally published by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was illegally stolen and republished in violation of US & international trademark and copyright law. The legal version of this story can be read at https://www.dailypolitical.com/2017/08/09/chesapeake-energy-corporation-nysechk-reaches-new-1-year-low-at-4-36.html.

About Chesapeake Energy Corporation

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.

Receive News & Ratings for Chesapeake Energy Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesapeake Energy Corporation and related companies with MarketBeat.com's FREE daily email newsletter.