The stock stands almost -87.45% off versus the 52-week high and 357.41% away from the 52-week low. Vetr raised Chesapeake Energy Corp. from a “buy” rating to a “strong-buy” rating and set a $4.38 price target on the stock in a report on Tuesday, May 17th.
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The stock has received ratings from many brokerage firms according to ZACKS.
“The market is very vulnerable to news right now”, he said, adding that he was skeptical about OPEC member’s commitment to rejuvenate the market as the 14-member bloc is known to place their own individual market share as a foremost priority, even if it means engaging in a price war. The firm has a 50-day moving average of $4.89 and a 200-day moving average of $4.42.
For this year, Stone Energy Corp. Marathon Oil Corporation (NYSE:MRO) quarterly performance is 31.37% while its year to date (YTD) performance is 34.43%. Over the past five trading sessions it is 22.89%; -29.75% for the month; 325.86% for the last quarter; -40.34% for the past six-months; and -74.27% for the last 12 months. Chief Financial Officer Domenic Dell’Osso told analysts and investors on an earnings call this month that “opportunities to enter the market are improving” and that the company’s focus was reduction of its total debt.
Chesapeake Energy Corporation (NYSE:CHK) had its price target bumped up to $6 by Deutsche Bank in a report released 8/18/2016. Current price level places the company’s stock about -35.08% from the 52-week high and 313.33% away from the 52-week low.
The average true range of Chesapeake Energy Corporation’s (CHK) is recorded at 0.37 and the relative strength index of the stock stands 66.81. Stock value has moved between $1.5 – 9.54 in last one year. The number of shares now owned by investors are 778.51 mln. WMB market capitalization is 21.10B with 6578 employees. 9 analysts have suggested “Sell” for the company. Also, the Hold rating count is 19. Now shares have been suggested as “BUY” from “0” brokerage firms and recommended as “Strong Buy” by “3” brokerage firms.
Resolute Energy Corp. (NYSE:REN) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued on Tuesday.
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Chesapeake Energy extended the week’s sharp gains with a almost 7.6 percent rise Thursday as the firm’s strategy to address its liquidity woes paired with rising oil prices has increased investor confidence in the stock. On Nov 20, 2015, Thomas L Ryan (director) purchased 10,000 shares at $5.47 per share price.Also, On Nov 18, 2015, Robert D. Lawler (CEO) purchased 50,000 shares at $5.88 per share price.On Jun 29, 2015, R Brad Martin (director) purchased 10,000 shares at $11.20 per share price, according to the Form-4 filing with the securities and exchange commission.
