Chesapeake Energy Corporation (NYSE:CHK) – Oil prices fell on Thursday
Chesapeake Energy Corporation (NYSE:CHK) traded 37,472,104 shares on last trading session with closing price of $5.47.
CHK was trading -33.29% below its 52-week high and 53.65% above its 52-week low. Its last 5-Year EPS growth stands at -36.80%; with earnings growth of 67.50% yoy. The stock stands -3.15% below the average-price of 50 days and -6.57% compared with the SMA 20.
Reuters- Oil prices fell on Thursday after news that two key oilfields in Libya had restarted, pumping crude for export into an already bloated market.
Benchmark Brent crude LCOc1 fell $1.14 a barrel to a low of $50.68 before recovering slightly to trade around $50.85 by 1220 GMT. The contract has fallen more than 10 percent from this month’s peak.
U.S. light crude oil CLc1 hit a low of $48.51, down $1.11 a barrel on the day.
Libya’s Sharara oilfield, with a production capacity of almost 300,000 barrels per day (bpd), has restarted after the end of protests by an armed group that had blocked pipelines there, a Libyan oil source and local official said on Thursday. Source: Reuters
The stock has a 1-year performance down -17.12% and a negative weekly performance at -0.55%. Moreover, the stock is up 6.01% in one month through last close, to $5.47, showing a -23.28% return during the past three months. The company is set at a mean analysts’ recommendation of 2.80.
CHK has been paying dividends since 1997 and has raised their dividend for 0 consecutive years. It has a dividend yield of 0.00% and a 5 year dividend growth rate of -0.93%. Their payout ratio is 19.00%.