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.



Like this

loading...
loading...

Latest


06 November 2017
US President Donald Trump begins Asia tour, lands in Japan
Abe thanked the president for referring to the abduction issue in his September speech to the United Nations General Assembly . North Korea has acknowledged apprehending 13 Japanese in the 1970s and 1980s, but claims they all died or have been released.

06 November 2017
Three injured, one seriously, in five-vehicle crash in Oshawa, Ont.
The area has been closed to traffic for the police investigation. "This is one of the major on-ramps to Highway 401", Tudos said. One female has been rushed to hospital in life-threatening condition after a multi-vehicle collision in Oshawa this morning.

06 November 2017
An Intel Core Processor With Custom AMD Graphics Is Coming
The move is to target sleeker and thinner devices, which is a new product in the 8th Gen Intel Core processor family. The new chip will use HBM2, and can be used in devices including notebooks, two-in-ones, and mini desktops.

06 November 2017
Michael Emenalo quits Chelsea in major blow to Roman Abramovich
Emenalo was appointed as technical director in 2011 having been a chief scout and an assistant first-team coach. Michael Emenalo has stepped down as Chelsea's technical director.

06 November 2017
Mugabe fires VP Mnangagwa, Zim information minister confirms
In August 2017, Mnangagwa fell ill at a political rally led by President Mugabe and had to be airlifted to South Africa. This story will be updated as more details emerge .

06 November 2017
Netflix fires Kevin Spacey from 'House of Cards'
Spacey's publicist cut ties with the actor on Thursday and it was not known who now represents him. For now, the streaming media giant is still open on working with the series' production team, MRC.

06 November 2017
Italian Services Growth Lowest in a Year in October-PMI
The expansion in activity was widespread across sub-sectors and new business continued to grew sharply in October. The index has held above the 50 line separating contraction from growth in every month since October 2013.

06 November 2017
Zidane happy for Real Madrid to snap losing run: That's our game
Cristiano goes home annoyed when he doesn't score, but we're not anxious ", said captain Sergio Ramos . "The goals will come". Karim is more generous in that sense. "The important thing is the work that they do and the chances we create.

06 November 2017
Pakistan welcomes U.S. role to resolve conflict with India: Asif
He added Taliban will have to be pressurised until they agree on holding talks and until they let minorities live under safety. The foreign minister was addressing a session regarding Pakistan-US dialogue at the fourth meeting of Track 2-1.5 dialogue.

06 November 2017
UK's Theresa May calls for 'culture of respect' after sexual abuse scandal
The activist told the BBC's Victoria Derbyshire programme: "I was raped by someone senior to me in the Conservative Party". Amanda said when the man left her house the next day she was at the police station within an hour and reported the crime.