Recent Insider Trading: Chesapeake Energy Corporation $CHK

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Chesapeake Energy Corporation (NYSE:CHK) insider have most recently took part in a trading activity. On Jun 23, 2017 Martin R Brad, Director bought 20,400 shares having total worth of $92,820 at the price of $4.55 per share, following the transaction a total of 537,358 shares owned by Martin R Brad. Before this latest buy, Martin R Brad purchased CHK at 1 other times during the past twelve months, for a total investment of $105,200 at an average of $5.26 per share.

The stock has experienced a total of 2 insider trades in the past three months. These trades include 2 buy trades. Furthermore, over the past 12 months , the stock was traded 7 times by insiders. an employee of the company was the buyer in 7 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 2 0 -27.48%
12 Month 7 0 25.88%

Shares of Chesapeake Energy Corporation (NYSE:CHK) traded up 2.19% on Jun 26, 2017, hitting $4.67. 28,926,455 shares of the company’s stock traded hands. Chesapeake Energy Corporation has a 52 week low of $1.59 and a 52 week high of $8.05. The company’s market cap is $4,840 million.

Chesapeake Energy Corporation (NYSE:CHK) last announced its earnings results on May 4, 2017. The company reported 0.23 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.19 by $0.04. The company had revenue of $2,753 million for the quarter, compared to the consensus estimate of $2,320 million. During the same quarter in the previous year, the company posted -0.10 earnings per share. The company’s revenue for the quarter was up 41% on a year-over-year basis.

2017-05-04 2017-02-23 2016-11-03 2016-08-04 2016-05-05 2016-02-24 2015-11-04 2015-08-05 2015-05-06 2015-02-25
earnings per share 0.23 0.07 0.09 -0.14 -0.10 -0.16 -0.05 -0.11 0.11 0.11
Revenue(M) 2753 2021 2276 1622 1953 2649 2893 3033 2760 5050

Chesapeake Energy Corp was incorporated on 1989. It is a natural gas and oil exploration and production Company engaged in the exploration, development and acquisition of properties for the production of natural gas and crude oil from underground reservoirs and it provides marketing and midstream services. The Company manages its business as three separate operational segments: exploration and production; marketing, gathering and compression (midstream); and service operations, which are comprised of its wholly-owned drilling and trucking operations. The Company focuses its natural gas exploration, development and acquisition efforts in the eight operating areas: Barnett Shale, Fayetteville Shale, Haynesville Shale, Marcellus Shale, Mid-Continent, Permian and Delaware Basins, South Texas/Gulf Coast/Ark-La-Tex and, Appalachian Basin. Chesapeake Energy Marketing, Inc., one of its wholly-owned subsidiaries, provides natural gas and oil marketing services, including commodity price structuring, contract administration and nomination services for Chesapeake, its partners and other producers. Its oil production is generally sold under market sensitive or spot price contracts. Its natural gas production is sold to purchasers under percentage-of-proceeds contracts, percentage-of-index contracts or spot price contracts. It competes with both major integrated and other independent natural gas and oil companies in acquiring desirable leasehold acreage, producing properties and the equipment and expertise necessary to explore, develop and operate its properties and market its production. The Company’s exploration and production operations are subject to various types of regulation at the U.S. federal, state and local levels. Such regulation includes requirements for permits to drill and to conduct other operations and for provision of financial assurances covering drilling and well operations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.