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

July 11, 2018 - By Hannah Black

Chesapeake Energy Corporation (NYSE:CHK) LogoInvestors sentiment increased to 1.28 in Q1 2018. Its up 0.24, from 1.04 in 2017Q4. It increased, 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.
Icon Advisers reported 890,450 shares stake. Hollencrest Capital Mgmt invested in 14,940 shares or 0.01% of the stock. North Star Investment Mgmt, Illinois-based fund reported 30,200 shares. Citigroup has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Earnest Ptnrs Limited Liability Company accumulated 4,842 shares or 0% of the stock. Hrt Fincl Ltd invested in 0.02% or 11,328 shares. Westwood Gru Inc holds 0.11% or 4.47M shares. Wellington Mngmt Gru Llp invested 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Oregon Pub Employees Retirement Fund, Oregon-based fund reported 97,538 shares. Bnp Paribas Arbitrage accumulated 872,598 shares or 0% of the stock. Ledyard Comml Bank accumulated 200 shares. Lpl Financial Ltd Liability has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). 54,101 are owned by Sei Invs Com. Corecommodity Mgmt Limited Liability Company has 0.03% invested in Chesapeake Energy Corporation (NYSE:CHK) for 13,560 shares. Canada Pension Plan Board reported 10 shares.

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 rating was downgraded by Citigroup on Tuesday, April 17 to “Sell”. The firm has “Hold” rating by Stephens given on Tuesday, April 24. The firm has “Hold” rating given on Tuesday, March 13 by Stephens. The firm has “Hold” rating by Susquehanna given on Monday, March 5. The rating was downgraded by Mizuho on Tuesday, January 16 to “Underperform”. The rating was downgraded by Bernstein on Monday, March 26 to “Sell”. The stock has “Hold” rating by Piper Jaffray on Wednesday, March 14. The company was maintained on Monday, March 12 by BMO Capital Markets.

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: Seekingalpha.com which released: “Oakmark Select Fund: Second Quarter 2018” on July 11, 2018, also Seekingalpha.com with their article: “2 Energy Stocks That Are Breaking Out” published on June 27, 2018, Benzinga.com published: “Investor Movement Index June Summary” on July 10, 2018. More interesting news about Chesapeake Energy Corporation (NYSE:CHK) were released by: Seekingalpha.com and their article: “Energy Recap: OPEC Meeting On The Horizon” published on June 15, 2018 as well as Gurufocus.com‘s news article titled: “US Market Indexes Close Lower on Wednesday” with publication date: July 11, 2018.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Positions Chart

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