Business

Chesapeake Energy Co. (CHK) Expected to Earn Q1 2019 Earnings of $0.24 Per Share


Chesapeake Energy Co. (NYSE:CHK) – Equities researchers at Jefferies Financial Group upped their Q1 2019 earnings per share (EPS) estimates for shares of Chesapeake Energy in a report released on Wednesday, January 30th, Zacks Investment Research reports.


Jefferies Financial Group analyst M. Lear now expects that the oil and gas exploration company will earn $0.24 per share for the quarter, up from their prior estimate of $0.23.


Imperial Capital decreased their price target on shares of Chesapeake Energy from $6.00 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, October 31st.


Credit Suisse Group set a $3.00 price target on shares of Chesapeake Energy and gave the stock a “sell” rating in a research note on Wednesday, October 31st.


Finally, North Star Asset Management Inc. raised its holdings in shares of Chesapeake Energy by 0.7% in the 4th quarter.


In other news, Director Archie W. Dunham bought 2,100,000 shares of the company’s stock in a transaction dated Friday, December 21st.






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