Chesapeake Arranges $1 Billion Five-Year Term Loan

“Financial discipline across our entire business remains the priority at Chesapeake”, Chief Financial Officer Domenic J. Dell’Osso said on an call with analysts earlier this month. The stock stands almost -47.43% off versus the 52-week high and 234.67% away from the 52-week low. Exane Derivatives now owns 24,561 shares of the oil and gas exploration company’s stock valued at $101,000 after buying an additional 23,561 shares during the period.

Headquartered in Oklahoma City, Chesapeake Energy Corporation’s (NYSE: CHK) operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The consensus rating is 3.2, suggesting the market has given up on the stock.

Chesapeake Energy Corp. has a 1-year low of $1.50 and a 1-year high of $9.55. On Aug 3, 2016 share price, the yield comes out to be 1.9273%. Current stock price is in the upbeat territory taking into account of 20 days moving average with -5.50% and continued bullish run for 50 days moving average with -8.10%.

While looking at the Stock’s Performance, Chesapeake Energy Corporation now shows a Weekly Performance of 2.66%, where Monthly Performance is 11.56%, Quarterly performance is 23.65%, 6 Months performance is 215.72% and yearly performance percentage is -33.07%. Company is -1.33% away from its 52 week high and is moving 21.91% ahead of its 52 week low. The company reported the earnings of $-0.14/Share in the last quarter where the estimated EPS by analysts was $-0.11/share. The price to sales ratio is 17.

Ocean Rig UDW LLC (ORIG) opened the session with a $1.1 price tag, later ranging from $0.801 to $1.2, the range at which the stock has traded at throughout the day. The firm attains analyst recommendation of 3.20 with week’s performance of 2.66%. The current price change puts the market capitalization at $178.4 mln. Overweight rating was given by 0 analysts and Underweight rating was given by 2 analysts.

Moody’s raised Chesapeake’s speculative grade liquidity rating one notch to SGL-3 and raised the outlook to positive from negative. The analyst recommendations from a month ago are 1 Buy, 0 Overweight, 7 Sell, 4 Hold and 0 Underweight. 1 Month Ago, shares have been suggested as “BUY” from “2” brokerage firms and recommended as “Strong Buy” by “3” brokerage firms. During the last trade, shares reached to high price of $19.34 and touched the low price of $18.73. The stock’s price moved above its 200 day moving average of $4.34.