EPS for Chesapeake Energy Corporation (CHK) Expected At $0.13

July 11, 2018 - By Matthew Richard

Chesapeake Energy Corporation (NYSE:CHK) LogoInvestors sentiment increased to 1.28 in 2018 Q1. Its up 0.24, from 1.04 in 2017Q4. It improved, 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.
Oz Mgmt Ltd Partnership accumulated 499,400 shares or 0.01% of the stock. Retirement System Of Alabama invested in 0.02% or 1.18 million shares. Tiaa Cref Investment Mngmt Lc holds 0% in Chesapeake Energy Corporation (NYSE:CHK) or 1.44 million shares. Voya Inv Mgmt Limited Company has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Parkside Fincl Bank And Tru invested in 192 shares or 0% of the stock. Profund Advisors owns 0.01% invested in Chesapeake Energy Corporation (NYSE:CHK) for 118,839 shares. Morgan Stanley reported 5.44M shares stake. Moreover, Verition Fund Mgmt Limited Liability Corporation has 0.01% invested in Chesapeake Energy Corporation (NYSE:CHK) for 57,115 shares. Harris Lp invested in 63.46M shares or 0.32% of the stock. 138,919 are owned by Bluefin Trading Ltd. 1,032 are held by Carroll. Prudential holds 573,698 shares or 0% of its portfolio. Creative Planning owns 0.02% invested in Chesapeake Energy Corporation (NYSE:CHK) for 1.72M shares. Huber Mngmt Ltd Co owns 1.16 million shares. Brown Advisory invested 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK).

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. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Hold” rating by Stephens on Tuesday, March 13. BMO Capital Markets maintained Chesapeake Energy Corporation (NYSE:CHK) on Monday, March 12 with “Hold” rating. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Sell” rating by Bernstein on Monday, March 26. On Wednesday, March 14 the stock rating was maintained by Piper Jaffray with “Hold”. Stephens maintained Chesapeake Energy Corporation (NYSE:CHK) on Tuesday, April 24 with “Hold” rating. The company was downgraded on Tuesday, January 16 by Mizuho. On Monday, March 5 the stock rating was maintained by Susquehanna with “Hold”. As per Tuesday, April 17, the company rating was downgraded by Citigroup.

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: Finance.Yahoo.com which released: “Chesapeake Energy Corporation Is a Strong Bet for Energy Sector Bulls” on June 19, 2018, also Seekingalpha.com with their article: “2 Energy Stocks That Are Breaking Out” published on June 27, 2018, Seekingalpha.com published: “Oakmark Select Fund: Second Quarter 2018” on July 11, 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: “Chesapeake’s Completions Designs Are Reinventing The Company” with publication date: June 29, 2018.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Positions Chart

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