Economy

Chesapeake Utilities Corporation (NYSE:CPK) Position Increased by Dimensional Fund Advisors LP

Chesapeake Utilities Corporation (NYSE:CPK) Position Increased by Dimensional Fund Advisors LP”

Chesapeake Energy Corporation (NYSE:CHK) shares are gapping higher 1.60% pre-market with a price of $3.79 on the stock. Moreover, Veritas Investment Management Llp has 7.77% invested in the company for 660,923 shares. Seaport Global Securities also issued estimates for Chesapeake Energy Corporation's Q4 2017 earnings at $0.16 EPS, Q1 2018 earnings at $0.08 EPS, Q2 2018 earnings at $0.07 EPS, Q3 2018 earnings at $0.10 EPS, Q4 2018 earnings at $0.10 EPS and FY2018 earnings at $0.35 EPS. For the next 5 years, Chesapeake Energy Corporation is expecting Growth of 5% per annum, whereas in the past 5 years the growth was -9.67% per annum. They set a "neutral" rating and a $85.00 target price on the stock. Imperial Capital initiated coverage on Chesapeake Energy Corporation in a research report on Tuesday, September 19th. Chesapeake Energy Corporation (NYSE:CHK) has a 20-Day average volume of 25.26 Million. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned "Buy" rating by Stifel Nicolaus on Thursday, March 23. Vetr lowered Chesapeake Energy Corporation from a "buy" rating to a "hold" rating and set a $5.23 price objective on the stock.in a research note on Monday, July 31st.

This article was originally published by and is the sole property of Zolmax. If you are reading this news story on another domain, it was illegally stolen and republished in violation of US & worldwide copyright legislation. For the current year the company's revenue estimates are $9.44 Billion compared to low analyst estimates of $9.35 Billion and high estimates of $9.63 Billion according to 6 number of analysts.

Chesapeake Energy Corp (NYSE:CHK) shares traded 2.19% up during most recent session to reach at the closing price of $3.74. In looking at volatility levels, the shares saw weekly volatility of 20.69% and 24.44% over the past month. China Biologic Prods Inc now has $2.14 billion valuation.

Chesapeake Energy Corporation (NYSE:CHK) received a Buy rating from 0 analysts.

Chesapeake Energy Corporation (NYSE:CHK) market capitalization at present is $3.40B at the rate of $3.74 a share. The company reported the earnings of $0.18/Share in the last quarter where the estimated EPS by analysts was $0.15/share.

Chesapeake Utilities Corp. had a return on equity of 11.34% and a net margin of 8.98%. Chesapeake Utilities Corp. The business earned $108.35 million during the quarter, compared to analyst estimates of $100.70 million. The company's quarterly revenue was down 16.8% compared to the same quarter previous year. The firm's quarterly revenue was up 17.5% on a year-over-year basis. It is positive, as 54 investors sold CHK shares while 111 reduced holdings. As of December 31, 2016, it owned interests in approximately 22,700 oil and natural gas wells. Victory Capital Management Inc. increased its stake in shares of Chesapeake Utilities Corporation by 36.7% in the first quarter. However the six-month change in the insider ownership was recorded 1.57%, as well as three-month change in the institutional ownership was recorded 0.21%.

While looking at the Stock's Performance, Chesapeake Energy Corporation now shows a Weekly Performance of -0.8%, where Monthly Performance is -13.02%, Quarterly performance is -14.02%, 6 Months performance is -32.61% and yearly performance percentage is -30.74%. Commonwealth Of Pennsylvania Public School Empls Retrmt has invested 0.04% in China Biologic Products Holdings, Inc. Finally, Louisiana State Employees Retirement System boosted its position in Chesapeake Energy Corporation by 1.1% in the second quarter. UBS Oconnor LLC acquired a new stake in shares of Chesapeake Energy Corporation during the 2nd quarter valued at $122,000. The Davidson Kempner Capital Management Lp holds 110,000 shares with $12.44 million value, down from 185,000 last quarter. Ngam Advisors L.P. now owns 55,680 shares of the oil and gas exploration company's stock valued at $331,000 after purchasing an additional 1,960 shares in the last quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Following the completion of the purchase, the director now owns 547,358 shares in the company, valued at $2,249,641.38. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.



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