Shares of Chesapeake Energy Corporation (NASDAQ:CHK) traded today at $89.83, eclipsing its 52-week high. So far today approximately 161,000 shares have been exchanged, as compared to an average 30-day volume of 1.9 million shares.
Chesapeake Energy Corp is a US-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses its exploration, development, acquisition, and production efforts in the operating areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); Eagle Ford, South Texas; Powder River Basin, Stacked pay in Wyoming; and Brazos Valley – Southeast Texas.
Chesapeake Energy Corporation (NASDAQ:CHK) is currently priced 3.2% above its average consensus analyst price target of $86.88.
Chesapeake Energy Corporation share prices have moved between a 52-week high of $89.83 and a 52-week low of $40.00 and are now trading 124% above that low price at $89.75 per share.
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