Analyst's Predictions on Chesapeake Energy Corporation (CHK), Archer-Daniels-Midland Company (ADM)

Gladys Abbott
May 19, 2017

ProShare Advisors LLC now owns 47,211 shares of the utilities provider's stock valued at $2,883,000 after buying an additional 14,569 shares during the period. Allianz Asset Management AG increased its stake in Chesapeake Energy by 511.4% in the fourth quarter.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. TIAA CREF Investment Management LLC boosted its stake in shares of Chesapeake Utilities by 76.2% in the third quarter.

Archer-Daniels-Midland Company (NYSE:ADM) ended its day at $41.52 with the rising stream of -0.91% and its total traded volume was 2.47 million shares less than the average volume. Keybank National Association OH raised its stake in Chesapeake Energy by 1.3% in the fourth quarter. BlackRock Fund Advisors now owns 11,465,865 shares of the oil and gas exploration company's stock valued at $71,891,000 after buying an additional 553,434 shares in the last quarter.

Shares of Chesapeake Utilities Co.

TRADEMARK VIOLATION WARNING: "Chesapeake Energy (CHK) Receiving Somewhat Favorable Press Coverage, Study Finds" was first published by Transcript Daily and is owned by of Transcript Daily. It has a market cap of $4.98B. Chesapeake Utilities has a one year low of $56.56 and a one year high of $74.85. The company has a 50-day moving average price of $5.69 and a 200-day moving average price of $6.14.

Chesapeake Energy Corporation (NYSE:CHK) plunged -0.90% with the closing price of $5.49.

Chesapeake Energy Corporation (CHK) belongs to the "Basic Materials" sector with an industry focus on "Independent Oil & Gas", with Mr. Robert Douglas Lawler as Chief Exec. Officer, Pres and Non Independent Director. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.10 billion. During the same quarter in the previous year, the company posted ($0.10) EPS.

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Chesapeake Energy Co. (NYSE:CHK)'s stock had its "buy" rating reiterated by analysts at SunTrust Banks, a research report issued to clients and investors on Monday, May 1st. The firm is expected to announce results on 8/3/17. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.325 per share.

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Several equities analysts have recently commented on CPK shares.

Taking a broader look at the analyst consensus, most recently Chesapeake Energy Corporation (NYSE:CHK)'s price target was revised on 05/15/17 and according to 29 analysts stock's price will reach at $7.01 during 52 weeks with standard deviation of 2.06. The mean target of $77.00 should be compared with the price when the stock was languishing around $66.14 a share. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Chesapeake Energy Corporation (CHK) stock price rose 42.05 percent over the past one year, while decreased -8.43 percent during the past 6 months.

In other Chesapeake Energy news, Director Archie W. Dunham bought 500,000 shares of the business's stock in a transaction on Wednesday, March 8th. Tracking most recent quarter period, Price to cash per share ration is at 20.34. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 1.10% of the company's stock. The disclosure for this sale can be found here. Harris Associates L P now owns 65,475,640 shares of the oil and gas exploration company's stock valued at $388,926,000 after buying an additional 32,145,200 shares during the last quarter. The company was maintained on Tuesday, January 5 by Wunderlich. Also, the number of institutional investors holding Chesapeake Energy Corp in their top 10 positions was flat from 7 to 7 for the same number. It operates in two divisions: Exploration and Production, and Marketing, Gathering and Compression.

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