Mizuho Securities Upgrades Chesapeake Energy (CHK) to Buy

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Chesapeake Energy's (CHK) Southwestern Energy deal 'creates a US shale gas powerhouse' - Mizuho

January 12, 2024 2:25 PM EST

Mizuho analyst Nitin Kumar upgraded Chesapeake Energy (NASDAQ: CHK) to Buy from Neutral, raising the firm's price target for the stock to $104 from $96 per share in a note Friday.

Kumar told investors that the acquisition of the company's smaller rival, Southwestern... More

Citi Upgrades Chesapeake Energy (CHK) to Buy

January 12, 2024 5:14 AM EST

Citi analyst Paul Diamond upgraded Chesapeake Energy (NASDAQ: CHK) from Neutral to Buy with a price target of $95.00 (from $82.00).


For an analyst ratings summary and ratings history on Chesapeake Energy click here. For more ratings news on Chesapeake Energy click here.


Shares of Chesapeake Energy closed at $79.62 yesterday.

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Midday movers:: Citigroup, KB Home, Tesla, and more

January 11, 2024 7:50 AM EST

(Updated - January 11, 2024 11:47 AM EST)

Investing.com -- Main U.S. indexes declined Thursday following hotter than expected inflation data for December, raising doubts the Federal Reserve will cut rates as soon as some investors expect.

Here are some of the biggest U.S. stock movers today:

Citigroup (NYSE: C) stock fell 2.5%... More

Chesapeake Energy (CHK) to acquire gas rival Southwestern (SWN) for $7.4 billion

January 11, 2024 6:25 AM EST

Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) announced today their boards approved a merger valued at $7.4 billion.

This all-stock transaction, priced at $6.69 per share, is based on Chesapeake's closing price on January 10, 2024. The merger entails Southwestern shareholders receiving 0.0867 shares of Chesapeake... More

Chesapeake Energy (CHK), Southwestern Energy (SWN) confirm merger

January 11, 2024 6:01 AM EST

Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4 billion, or $6.69 per share, based on Chesapeake's closing price on January 10, 2024. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.

The... More