| Chesapeake Energy (CHK) in Focus: Stock Tumbles 9.7% - Tale of the Tape | |
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Chesapeake Energy Corporation (CHK) saw a big move last session, as the company’s shares fell by nearly 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $19.13 to $21.26 in the past one-month time frame.
On Feb 25, the company reported adjusted fourth-quarter 2014 earnings of 11 cents per share, missing the Zacks Consensus Estimate of 25 cents. The reported figure also decreased from the year-earlier profit of 27 cents a share.
The natural gas exploration and production firm has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (1 increase, 2 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
CHK currently has a Zacks Rank #4 (Sell).
A better-ranked stock in the same sector is Cheniere Energy, Inc. (LNG), holding a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CHESAPEAKE ENGY (CHK): Free Stock Analysis Report CHENIERE ENERGY (LNG): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Cheniere Energy Inc.
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CODE : LNG |
ISIN : US16411R2085 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cheniere Energy is a exploration company based in United states of america. Cheniere Energy is listed in United States of America. Its market capitalisation is US$ 37.8 billions as of today (€ 35.3 billions). Its stock quote reached its lowest recent point on December 31, 2001 at US$ 0.75, and its highest recent level on April 26, 2024 at US$ 159.14. Cheniere Energy has 237 656 695 shares outstanding. |