Chesapeake Energy Corp - New
NASDAQ: CHK
$81.46
+$78.41 (+2,570.8%)
Closing Price on October 4, 2024
CHK Articles
U.S. natural gas stocks increased by more than expected for the week ending June 10, according to the U.S. Energy Information Administration.
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The price of crude has been challenging $50, and many investors and those in oil feel that perhaps the worst has been seen in the oil patch.
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It may have been the time of "sell in May and go away," but it seems the short sellers were neither strongly for nor against the notion.
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RBC Capital Markets downgraded Chesapeake to Underperform on Thursday, a $5 price target.
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The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 65 billion cubic feet for the week ending June 3.
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The top analyst upgrades, downgrades and initiations seen on Thursday morning include Chesapeake Energy, Pandora Media, Qualcomm, Restoration Hardware, Skyworks Solutions, Southern Copper and...
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Shares of beleaguered Chesapeake Energy traded up nearly 8% late Monday morning, and the rise in crude oil prices probably will get most of the credit.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending May 27.
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The EIA reported Thursday morning that U.S. natural gas stocks increased by 71 billion cubic feet for the week ending May 20.
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However, one medical supply company stood out, as short sellers piled on Baxter International in the first two weeks of the month.
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The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending May 13.
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Chesapeake Energy announced Thursday morning that it had agreed to issue more than 28 million shares of common stock in exchange for $153 million in outstanding debt.
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U.S. natural gas stocks increased for the week ending May 6, but less than analysts were expecting.
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As the markets reached all-time highs last month, the short sellers were in retreat, judging by the moves in the most heavily shorted stocks traded on the New York Stock Exchange.
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While it's still too early to declare that Chesapeake Energy has completed a 180-degree turn, there are definite signs of progress.
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