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

Rating:
Underweight
CHK
down 42.13 %

Chesapeake Energy Corporation (CHK) downgraded to Underweight with price target $10 by Barclays

Posted on: Tuesday,  Mar 3, 2015  2:25 PM ET by Barclays

Barclays rated Underweight Chesapeake Energy Corporation (NYSE: CHK) on 03/03/2015. Previously Barclays rated Equal Weight Chesapeake Energy Corporation (NYSE: CHK) on
10/21/2013., when the stock price was $28.22. Since then, Chesapeake Energy Corporation has lost 42.13% as of 03/03/2015's recent price of $16.33.
If you would have followed the previous Barclays's recommendation on CHK, you would have lost 42.13% of your investment in 498 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/3/2015 2:25 PM Sell
None
16.33 10.00
as of 8/27/2015
1 Week up  1.81 %
1 Month up  40.40 %
3 Months up  53.47 %
1 YTD up  17.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2013 12:25 PM Buy
None
28.22 27.00
4/22/2013 1:25 PM Buy
None
18.65 23.00
2/26/2013 1:25 PM Buy
None
19.56 22.00
2/12/2013 3:25 PM Buy
None
19.95 24.00
9/5/2012 12:25 PM Buy
None
19.56 20.00
5/3/2012 12:25 PM Buy
None
17.07 20.00

(*) 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