Chesapeake Energy Corp (CHK): Archie W Dunham , director of Chesapeake Energy Corp purchased 1,000,000 shares on Sep 20, 2016. The Insider buying transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were purchased at $6.67 per share for a total value of $6,668,900.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 23, 2016, Archie W Dunham (director) purchased 350,000 shares at $6.07 per share price.On Aug 18, 2016, Thomas L Ryan (director) purchased 50,000 shares at $5.59 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.
Shares of Chesapeake Energy Corporation (CHK) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -3.67% at $6.56 with 6,84,17,421 shares getting traded. Post opening the session at $6.79, the shares hit an intraday low of $6.51 and an intraday high of $6.96 and the price vacillated in this range throughout the day. The company has a market cap of $5,097 M and the number of outstanding shares has been calculated to be 77,69,56,040 shares. The 52-week high of Chesapeake Energy Corporation is $9.55 and the 52-week low is $1.5.
Company has been under the radar of several Street Analysts.Chesapeake Energy Corporation is Initiated by FBR & Co. to Underperform and the brokerage firm has set the Price Target at $5. The Rating was issued on Sep 13, 2016.Chesapeake Energy Corporation is Initiated by FBR Capital to Underperform and the brokerage firm has set the Price Target at $5. The Rating was issued on Sep 13, 2016.Chesapeake Energy Corporation is Upgraded by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 10 from a previous price target of $6 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Sep 9, 2016.Chesapeake Energy Corporation is Upgraded by CapitalOne to Equal Weight. Earlier the firm had a rating of Underweight on the company shares. The Rating was issued on Aug 16, 2016.Chesapeake Energy Corporation is Reiterated by Barclays to Underweight and the brokerage firm has raised the Price Target to $ 3 from a previous price target of $1 .The Rating was issued on Aug 16, 2016.
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 45100 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 45100 gross productive wells including 33600 properties in which it held a working interest and 11500 properties in which it held an overriding royalty interest.