Chesapeake Energy Corporation (NYSE:CHK) gets downgraded to Sell by Goldman Sachs Group

Analyst Ratings For Chesapeake Energy Corporation (NYSE:CHK)

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Today, Chesapeake Energy Corporation (NYSE:CHK) stock was downgraded by Goldman Sachs Group from Neutral to Sell.

There are 7 Sell Ratings, 7 Hold Ratings, 2 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Chesapeake Energy Corporation (NYSE:CHK) is Hold with a consensus target price of $4.0938 per share, a potential 22.94% upside.

Some recent analyst ratings include

  • 4/12/2019-Chesapeake Energy Corporation (NYSE:CHK) gets downgraded to Sell by Goldman Sachs Group
  • 1/4/2019-Chesapeake Energy Corporation (NYSE:CHK) gets downgraded to Underperform by Bank of America
  • On 3/26/2019 Ngp Energy Capital Management,, Major Shareholder, sold 568,424 with an average share price of $3.25 per share and the total transaction amounting to $1,847,378.00.
  • On 3/21/2019 Ngp Energy Capital Management,, Major Shareholder, sold 5,913,736 with an average share price of $3.29 per share and the total transaction amounting to $19,456,191.44.
  • On 12/24/2018 Thomas L Ryan, Director, bought 200,000 with an average share price of $1.81 per share and the total transaction amounting to $362,000.00.
  • On 12/21/2018 Archie W Dunham, Director, bought 2,100,000 with an average share price of $1.97 per share and the total transaction amounting to $4,137,000.00.
  • On 12/20/2018 Domenic J Dell’osso Jr, Insider, bought 50,000 with an average share price of $1.88 per share and the total transaction amounting to $94,000.00.
  • On 12/20/2018 Frank J Patterson, EVP, bought 80,000 with an average share price of $1.93 per share and the total transaction amounting to $154,400.00.
  • On 12/20/2018 Robert D Lawler, CEO, bought 100,000 with an average share price of $1.86 per share and the total transaction amounting to $186,000.00.

About Chesapeake Energy Corporation (NYSE:CHK)
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio; the Anadarko Basin in northwestern Oklahoma; and the stacked pay in the Powder River Basin in Wyoming. The company owns interests in approximately 17,300 oil and natural gas wells. As of December 31, 2017, it had estimated proved reserves of 1.116 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Recent Trading Activity for Chesapeake Energy Corporation (NYSE:CHK)
Shares of Chesapeake Energy Corporation closed the previous trading session at 3,33 −0,065 1,91 % with 3.36 shares trading hands.

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