News Roundup: Chesapeake Energy Corporation (NYSE:CHK), Weatherford International plc (NYSE:WFT)

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Chesapeake Energy Corporation (NYSE:CHK)

Chesapeake Energy Corporation is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Marcellus, Haynesville, Bossier, and Barnett natural gas shale plays and in the Eagle Ford, Utica, Mississippi Lime, Granite Wash, Cleveland, Tonkawa, Niobrara, Bone Spring, Avalon, Wolfcamp and Wolfberry unconventional liquids plays. The company has also vertically integrated its operations and owns substantial marketing, midstream and oilfield services businesses directly and indirectly through its subsidiaries Chesapeake Energy Marketing, Inc., Chesapeake Midstream Development, L.P. and Chesapeake Oilfield Services, L.L.C. and its affiliate Chesapeake Midstream Partners, L.P.

Chesapeake Energy Corporation (NYSE:CHK)’s Financial Overview

Chesapeake Energy Corporation (NYSE) surged 0% yesterday to close its trading session at $2.89. The company has 1 year Price Target of $4.32. Chesapeake Energy Corporation has 52-Week high of $5.6 and 52-Week Low of $2.53. The stock touched its 52-Week High on 5.60 and 52-Week Low on 2.53. The stock traded with the volume of 0 shares yesterday. The firm shows the market capitalization of $2.74 Billion.

Chesapeake Energy Corporation (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.19/share against the analyst consensus estimate of $0.15/share. The difference between the actual and expected EPS is $0.04 a share with a surprise factor of 26.7%.

The firm is trading with SMA20 of -13.36 Percent, SMA50 of -26.32 Percent and SMA200 of -27.33 percent. Chesapeake Energy Corporation has P/S value of 0.28 while its P/B value stands at 0. Similarly, the company has Return on Assets of 4.8 percent, Return on Equity of -30.5 percent and Return on Investment of 17.6 Percent. The company shows Gross Margin and Operating Margin of 78.1 percent and 10.1 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 3.2 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 20 analysts offering 12-month price forecasts for Chesapeake Energy Corp have a median target of 4.88, with a high estimate of 8.00 and a low estimate of 2.00. The median estimate represents a +68.69% increase from the last price of 2.89.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Weatherford International plc (NYSE:WFT)

Weatherford International is one of the world’s leading providers of equipment and services used for the drilling, completion and production of oil and natural gas wells. Its operations are conducted in numerous countries and it has service and sales locations in substantially all of the oil and natural gas producing regions in the world. The company’s products and services are divided into the following four principal operating divisions: Drilling and Intervention Services; Completion Systems; Artificial Lift Systems; and Compression Services.

Weatherford International plc (NYSE:WFT)’s Financial Outlook

The 24 analysts offering 12-month price forecasts for Weatherford International PLC have a median target of 3.00, with a high estimate of 6.00 and a low estimate of 0.75. The median estimate represents a +445.45% increase from the last price of 0.55.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Weatherford International plc has a Consensus Recommendation of 2.35. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0% and closed its last trading session at $0.55. The company has the market capitalization of $590.67 Million. The stock has 52-week high of $4.41 and 52-Week low of $0.54. The firm touched its 52-Week high on 4.41 and 52-Week low on 0.54. The company has volume of 0 shares. The company has a total of 1.07 Billion shares outstanding.

Weatherford International plc (NYSE) in the last quarter reported its actual EPS of $-0.1/share where the analyst estimated EPS was $-0.13/share. The difference between the actual and Estimated EPS is $0.03. This shows a surprise factor of 23.1 percent.

The company has YTD performance of -86.81 percent. Beta for Weatherford International plc stands at 2.88 while its ATR (average true range) is 0.12. The company has Weekly Volatility of 10.49%% and Monthly Volatility of 11.06%%.

Weatherford International plc has distance from 20-day Simple Moving Average (SMA20) of -33.2%, Distance from 50-Day Simple Moving Average of -68.16 percent and Distance from 200-Day Simple Moving Average of -79.25%.

The Company currently has ROA (Return on Assets) of -28.7 percent, Return on Equity (ROE) of 236.3 Percent and Return on Investment (ROI) of -32.8% with Gross margin of 19.2 percent and Operating & Profit margin of -32.7% and -45.6% respectively.

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