Chesapeake Energy Corporation has a 5 year average dividend yield of 1.19%
Chesapeake Energy Corporation (NYSE:CHK) witnessed a decline in the market cap on Thursday as its shares dropped 3.8% or 0.24 points. After the session commenced at $6.34, the stock reached the higher end at $6.4 while it hit a low of $6.065. With the volume soaring to 37,658,822 shares, the last trade was called at $6.08. The company has a 52-week high of $8.2. The company has a market cap of $5,510 million and there are 906,181,190 shares in outstanding. The 52-week low of the share price is $1.65. Chesapeake Energy Corporation has lost 3.65% in the last five trading days and dropped 12.89% in the last 4 weeks. Chesapeake Energy Corporation is up 0.5% in the last 3-month period. Year-to-Date the stock performance stands at -13.39%.
Currently the company Insiders own 1.1% of Chesapeake Energy Corporation shares according to the proxy statements. Institutional Investors own 66.74% of Chesapeake Energy Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 31.97%. Company has reported several Insider transactions to the SEC, on Sep 21, 2016, Archie W Dunham (director) purchased 1,000,000 shares at 6.67 per share price.On Aug 18, 2016, Thomas L Ryan (director) purchased 50,000 shares at 5.59 per share price.On Nov 18, 2015, Robert D. Lawler (CEO) purchased 50,000 shares at 5.88 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Chesapeake Energy Corporation was Initiated by Mizuho on Dec 20, 2016 to Neutral, Price Target of the shares are set at $8.
Chesapeake Energy Corporation Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $-0.04. The company had revenue of $2276.00 million for the quarter, compared to analysts expectations of $1010.90 million. The companys revenue was down -32.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.05 EPS.
Chesapeake Energy Corp. is an independent oil and gas company engaged in the development, exploration, acquisition and production of onshore natural gas and oil reserves. Chesapeake owns interests in producing oil and gas wells concentrated in three primary operating areas: the Mid-Continent region of Oklahoma, western Arkansas, southwestern Kansas and the Texas Panhandle; the Gulf Coast region consisting primarily of the Austin Chalk Trend in Texas and Louisiana and the Tuscaloosa Trend in Louisiana; and the Helmet area of northeastern British Columbia.