The EVP-Gen’l Counsel & Corp. Sec. of Chesapeake Energy (CHK) is Buying Shares


Today, the EVP-Gen’l Counsel & Corp. Sec. of Chesapeake Energy (CHK), James Webb, bought shares of CHK for $98K.

Following this transaction James Webb’s holding in the company was increased by 3.6% to a total of $2.79 million. In addition to James Webb, 2 other CHK executives reported Buy trades in the last month.

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CHK’s market cap is $3.16B and the company has a P/E ratio of 4.47. Currently, Chesapeake Energy has an average volume of 66.21M.

Based on 8 analyst ratings, the analyst consensus is Hold with an average price target of $3.50, reflecting a 63.6% upside.

The insider sentiment on Chesapeake Energy has been neutral according to 69 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Chesapeake Energy Corp. is an independent exploration and production company, which engages in acquisition, exploration and development of properties for the production of oil, natural gas and natural gas liquids from underground reservoirs. It focuses on projects located in Louisiana, Ohio, Oklahoma, Pennsylvania, Texas, and Wyoming.

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