Chesapeake (CHK) Higher Following Rumblings Sinopec (SNP) Might Make Large Investment
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Price: $21.12 +1.54%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 1.7%
EPS Growth %: +66.7%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 1.7%
EPS Growth %: +66.7%
Trade CHK Now!
Chesapeake Energy (NYSE: CHK) is higher on the session following reports the Sinopec (NYSE: SNP) might be taking a hard look at a large investment in the company. The Financial Times says Sinopec's CEO is in Oklahoma this week performing "due diligence." Headlines have a deal moving into the billions of dollars range.
Shares of Chesapeake are up nearly 3 percent on the session.
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Shares of Chesapeake are up nearly 3 percent on the session.
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