Seventy Seven Energy Inc. Announces Second Quarter 2016 Operational and Financial Results
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UBS Raises Price Target on Chesapeake Energy (CHK) to $4.25; Reiterates Sell
August 11, 2016 9:13 AM EDTUBS maintained a Sell rating on Chesapeake Energy (NYSE: CHK), and raised the price target to $4.25 (from $4.00), following the company's 2Q earnings report. CHK adjusted its 2016 production guidance from 625-650 MBoed to 611-638 MBoed and provided initial 2017 volume guidance of 532-562 MBoed.
Analyst... More
KLR Group Reiterates Buy on Chesapeake Energy (CHK) - PT to $9
August 11, 2016 8:32 AM EDTKLR Group reiterated a Buy rating on Chesapeake Energy (NYSE: CHK), and raised the price target to $9.00 (from $8.00). The change is due to the value accretive Barnett asset transfer and termination of associated midstream contracts.
Analyst John Gerdes commented, "We are... More
Chesapeake Energy (CHK) Shares Pop Higher on Barnett Shale Exit, Updated Outlook
August 10, 2016 4:41 PM EDTChesapeake Energy (NYSE: CHK) shares are up over 5 percent in late trading following news of plans to exit the Barnett Shale, termination of Williams Partners contract, and other matters, including guidance.
... More