GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Chesapeake Energy Corporation (CHK) [hlAlert]

Rating:
Neutral CHK
down 26.31 %

Chesapeake Energy Corporation (CHK) downgraded to Neutral with price target $22 by Robert W. Baird

Posted on: Wednesday,  May 2, 2012  8:25 AM ET by Robert W. Baird

Robert W. Baird rated Neutral Chesapeake Energy Corporation (NYSE: CHK) on 05/02/2012. Previously Robert W. Baird rated Outperform Chesapeake Energy Corporation (NYSE: CHK)
on 12/13/2011., when the stock price was $24.09. Since then, Chesapeake Energy Corporation has lost 26.32% as of 05/02/2012's recent price of $17.75.
If you would have followed the previous Robert W. Baird's recommendation on CHK, you would have lost 26.31% of your investment in 141 days.

Chesapeake Energy Corporation is a producer of natural gas in the United States. The Company own interests in approximately 41,200 producing natural gas and oil wells that are producing approximately 2.3 billion cubic feet equivalent (bcfe) per day, 92% of which is natural gas. As of December 31, 2008, it was focusing on discovering, developing and acquiring conventional and unconventional natural gas reserves onshore in the United States primarily in the Big 4 natural gas shale plays: the Barnett Shale in the Forth Worth Basin of north-central Texas, the Haynesville Shale in the Ark-La-Tex area of northwestern Louisiana and East Texas, the Fayetteville Shale in the Arkoma Basin of central Arkansas and the Marcellus Shale in the northern Appalachian Basin of West Virginia, Pennsylvania and New York. It also has operations in various other plays, both conventional and unconventional, in the Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, and South Texas.

Deep, comprehensive coverage is essential to your success. And with nearly 100 research professionals covering over 500 U.S. companies, our reputation for trusted, award-winning, in-depth analysis with a strong commitment to objective, fundamental research speaks for itself.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/2/2012 8:25 AM Hold
None
17.75 22.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -20.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/13/2011 8:25 AM Buy
None
24.09 36.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy