|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||3.82 - 3.95|
|52-week range||3.55 - 8.20|
|PE ratio (TTM)||-0.11|
|Earnings date||1 Nov 2017 - 6 Nov 2017|
|Dividend & yield||0.00 (0.00%)|
|1y target est||4.70|
For those that can block out the noise, "there is a proverbial fortune to be made if they invest today."
Investors in Chesapeake (CHK) need to pay close attention to the stock based on moves in the options market lately.
On October 6, the short interest ratio, in Chesapeake Energy stock was 22.2%. In January, the short interest ratio in Chesapeake Energy stock was ~12%.
Shares of Apache (APA) fell to the bottom of the S&P 500 today after the oil and natural gas explorer said its 2017 drilling budget is on track to exceed cash flow by $1 billion, with another shortfall possible next year. The Houston-based driller is putting big bucks to work to develop Alpine High, the oil and gas field in West Texas it discovered last year. In all, it expects to spend $3.1 billion on its 2017 capital budget and a like amount in 2018, according to a presentation on the company’s web site.
Airlines were the best performing sector today, with United (UAL) and American (AAL) at the head of the pack. Gas distributors, including NiSource (NI) rose. Tobacco ended higher, helped by Altria (MO). ...
Chesapeake Energy stock should close between $3.92 and $4.48 in the next seven days. The stock should stay within this range ~68% of the time.
The SPDR S&P Oil & Gas Exploration & Production (XOP) has had a tough year, falling nearly 18%, but Jefferies' Mark Lear and his team don't think that investors should lead the whole sector for dead. As for specific stocks, he upgraded Concho Resources (CXO) and Devon Energy (DVN) to Buy from Hold, with price targets of $159 and $43, respectively. From his note: While the Midland piece is arguably the more understood resource for most operators, CXO has historically focused more on the Delaware side of the Permian, and only recently has shifted a significant amount of rigs to the Midland.
Around 64.7% of the Wall Street analysts covering Chesapeake Energy have rated it as a “hold.” Approximately 21% of the analysts have rated it as a “buy.”
The Zacks Analyst Blog Highlights: Rice Energy, Chesapeake Energy, Southwestern Energy, Cabot Oil & Gas and EQT
On October 4, 2017, crude oil prices closed at $49.98—approximately 1% lower than the previous close. On the same day, Chesapeake Energy stock fell ~0.5%.
U.S. natural gas futures, shrugging off bullish inventory data, ended lower last week, underpinned by unfavorable weather forecasts and strength in the commodity's production.
Black Stone Minerals had $393 million in long-term debt on its balance sheet, and its debt rose 24% in 1H17—likely due to its acquisition of royalty interest.
The biggest moving sectors this morning: Airlines are in the lead, with United (UAL) and American (AAL) gaining the most. Biotech is in second place, led by Incyte (INCY) and Vertex (VRTX). Humana (HUM) ...
In the week ended September 29, 2017, the natural gas rig count fell by one to 189. On a year-over-year basis, the natural gas rig count has risen ~97%.
On September 29, 2017, short interest as a percentage of float, or the short interest ratio, in Chesapeake Energy (CHK) stock was 22.2%.
Another negative development last week was Chesapeake Energy's (CHK) announcement on September 26, 2017, that due to events related to Hurricane Harvey, asset sales, and adjustments in its capital allocation, ...
Recovery in crude oil prices (DBO) (UCO) has been driving CHK stock higher. In the week ended September 29, 2017, crude oil rose 2%.