Shares of Chesapeake Energy Corporation (CHK) Sees Large Outflow of Money

Chesapeake Energy Corporation (CHK) : Net money flow in Chesapeake Energy Corporation (CHK) was negative ($8.44 million) and the inflow of money on uptick was $62.93 million, whereas, the outflow of money on downticks amounted to $71.37 million on Monday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.88. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $18.69 million. On the other hand, the total value of block trades done on downticks was $22.82 million. The ratio of uptick to downtick block trades was 0.82. The money flow in block trades was negative ($4.14). Chesapeake Energy Corporation (CHK) gained $0.48 cent during the day and reached $5.5, a gain of 9.56% over the previous day.


Shares of Chesapeake Energy Corporation rose by 9.78% in the last five trading days and 24.43% for the last 4 weeks. Chesapeake Energy Corporation is up 41.03% in the last 3-month period. Year-to-Date the stock performance stands at 22.22%.

Chesapeake Energy Corporation (NYSE:CHK): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $5.15 and $5.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $5.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $5.50, notching a gain of 9.56% for the day. The total traded volume was 75,369,493 . The stock had closed at $5.02 on the previous day.

In a related news, Ryan Thomas L, director of Chesapeake Energy Corp had purchased 10,000 shares on November 19, 2015 in a transaction. The price per share was $5.47 and the total amount of the disclosed transaction was $54,700.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

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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