A total of 46.62M shares exchanged hands, whereas the company’s average trading volume stands at 50.69M shares. Making them in Mexico would boost company profits because of low wages there. The firm’s market cap is $5.64 billion. Stock value has moved between $1.5 – 9.55 in last one year. The firm’s 50-day moving average is $0.59 and its 200-day moving average is $0.81. Parsley Energy had a negative net margin of 18.26% and a negative return on equity of 0.66%. (NASDAQ:REXX) last announced its quarterly earnings results on Tuesday, August 2nd. The company stated the earnings of $-0.14/Share in the last quarter where the estimated EPS by analysts was $-0.11/share.
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Company mean estimate for revenue for the ongoing quarter ending Sep 16 is $2.23B by 6 analysts. During period one month ago, consensus EPS forecast was decided at $-0.29.
Chesapeake Energy Corporation (NYSE:CHK)’s earnings per share growth ratio for the past 5 years was noted as -61.3% while revenue increase for the past 5 years was 6.4%.
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In other Chesapeake Energy Corp. news, Director Archie W. Dunham acquired 350,000 shares of the business’s stock in a transaction dated Monday, August 22nd. Mean (EPS) target is set at $-0.22. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Following the transaction, the Director is left with a stake of 3,127,951 shares, now valued at $22677645. CHK Director RYAN THOMAS L also Purchased 10,000 shares, at a stock price of $5.47. The stock had a trading volume of 1.3 M shares. The disclosure for this sale can be found here.
Quanta Services Inc (NYSE:PWR) went up +1.09% during trading on 9/15/2016, hitting $25.01. California Public Employees Retirement System now owns 4,892,674 shares of the oil and gas exploration company’s stock worth $20,941,000 after buying an additional 730,500 shares during the last quarter.
A number of hedge funds have recently modified their holdings of the company. The 26 stock analysts who cover the stock have an average PT at $5.74, with individual targets in the range of $0 to $11.
FBR & Co.is a brokerage house chasing shares of Chesapeake Energy Corporation (CHK), so its rating change is noteworthy. Zacks Investment Research lowered shares of Parsley Energy from a “buy” rating to a “hold” rating in a report on Wednesday, July 13th. The Median price target for the stock is measured at $6.00. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. The rating firm gave a Underperform rating to this stock in a research note on Sep 13, 2016.Wunderlich analysts issued their verdict on Chesapeake Energy Corporation (NYSE:CHK) recently.
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Chesapeake Energy Corporation is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. It operates through two segments: Regulated Energy and Unregulated Energy. The marketing, gathering and compression operating segment is responsible for marketing, gathering and compression of oil, natural gas and NGL.
