Shares of Chesapeake Energy Corporation (CHK) Sees Large Inflow of Net Money Flow

Chesapeake Energy Corporation (CHK) : The money flow analysis of Chesapeake Energy Corporation (CHK) indicates a $14.14 million of outflow was on downticks, whereas, the investors on Tuesday gobbled up stocks worth $24.95 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.76 and so was the total money flow at $10.81 million. A solid up-down ratio of 3.12 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $6.81 million worth of block trades on upticks. Only $2.18 million worth of the stock exchanged hands on downticks. The money flow was $4.63 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Chesapeake Energy Corporation (CHK), pushing it down by -1.42% for the day. The stock slid $0.06 and traded at $4.18 during the day. Nonetheless, the stock is -8.93% over the previous weeks close.


The company Insiders own 1.1% of Chesapeake Energy Corporation shares according to the proxy statements. Institutional Investors own 73.84% of Chesapeake Energy Corporation shares. In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Chesapeake Energy Corp, Ryan Thomas L, had purchased 10,000 shares in a transaction dated on November 19, 2015. The transaction was executed at $5.47 per share with total amount equaling $54,700.

Shares of Chesapeake Energy Corporation rose by 6.51% in the last five trading days and 3.62% for the last 4 weeks. Chesapeake Energy Corporation has dropped 24.3% during the last 3-month period . Year-to-Date the stock performance stands at 1.78%.

Chesapeake Energy Corporation (NYSE:CHK): stock turned positive on Tuesday. Though the stock opened at $4.33, the bulls momentum made the stock top out at $4.59 level for the day. The stock recorded a low of $4.28 and closed the trading day at $4.58, in the green by 9.57%. The total traded volume for the day was 38,693,688. The stock had closed at $4.18 in the previous days trading.

Chesapeake Energy Corporation is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. The Company operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. The exploration and production segment is responsible for finding and producing oil, natural gas and NGL. The marketing, gathering and compression operating segment is responsible for marketing, gathering and compression of oil, natural gas and NGL. The Company owns interests in approximately 45,100 oil and natural gas wells that produced an average of approximately 729 thousand barrels of oil equivalent (mboe). The Company also own oil and natural gas marketing and natural gas gathering and compression businesses. As of December 31, 2014, the Company held an interest in approximately 45,100 gross productive wells, including 33,600 properties in which it held a working interest and 11,500 properties in which it held an overriding royalty interest.

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