Chesapeake Energy Corporation (CHK) is priced at $91.56 after the most recent trading session. At the very opening of the session, the stock price was $104.36 and reached a high price of $105.03, prior to closing the session it reached the value of $98.53. The stock touched a low price of $98.34.Recently in News on September 16, 2022, CHESAPEAKE ENERGY CORPORATION ANNOUNCES EFFECTIVENESS OF REGISTRATION STATEMENT FOR ITS EXCHANGE OFFERS RELATING TO WARRANTS. Chesapeake Energy Corporation (NASDAQ: CHK) (“Chesapeake” or the “Company”) today announced that the registration statement on Form S-4 (the “Registration Statement”) filed by the Company with the U.S. Securities and Exchange Commission (“SEC”) registering common stock, par value $0.01 per share (“common stock”), of the Company issuable as part of the Company’s previously announced exchange offers (each, an “Offer,” and collectively, the “Offers”) relating to its outstanding (i) Class A warrants (the “Class A warrants”), (ii) Class B warrants (the “Class B warrants”) and (iii) Class C warrants (the “Class C warrants,” and together with the Class A warrants and the Class B warrants, the “warrants”), each to purchase shares of common stock, has been declared effective by the SEC. As a result, the Company does not expect or intend to extend the expiration date of any Offer, each of which is set to expire at 11:59 p.m. (New York City time) on October 7, 2022 (the “Expiration Date”), as described in the Company’s Schedule TO and Prospectus/Offers to Exchange, each, as amended. The Company advises holders of warrants who intend and are eligible to participate in the Offers to tender their warrants as soon as possible in the manner described in the Company’s Schedule TO and Prospectus/Offers to Exchange and related offering materials previously distributed to each holder. You can read further details here
Chesapeake Energy Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $105.93 on 09/14/22, with the lowest value was $61.45 for the same time period, recorded on 01/24/22.
Chesapeake Energy Corporation (CHK) full year performance was 77.92%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Chesapeake Energy Corporation shares are logging -13.57% during the 52-week period from high price, and 70.61% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $53.67 and $105.93.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1166355 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Chesapeake Energy Corporation (CHK) recorded performance in the market was 61.49%, having the revenues showcasing 31.49% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 12.26B, as it employees total of 1300 workers.
The Analysts eye on Chesapeake Energy Corporation (CHK)
During the last month, 11 analysts gave the Chesapeake Energy Corporation a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 92.77, with a change in the price was noted +8.35. In a similar fashion, Chesapeake Energy Corporation posted a movement of +10.09% for the period of last 100 days, recording 2,361,653 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CHK is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.52.
Technical rundown of Chesapeake Energy Corporation (CHK)
Raw Stochastic average of Chesapeake Energy Corporation in the period of last 50 days is set at 45.37%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 3.01%. In the last 20 days, the company’s Stochastic %K was 38.94% and its Stochastic %D was recorded 58.02%.
Considering, the past performance of Chesapeake Energy Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 61.49%. Additionally, trading for the stock in the period of the last six months notably improved by 21.90%, alongside a boost of 77.92% for the period of the last 12 months. The shares increased approximately by -4.88% in the 7-day charts and went down by -1.83% in the period of the last 30 days. Common stock shares were driven by 31.49% during last recorded quarter.