Deltec Asset Management LLC acquired a new position in Chesapeake Energy Co. (NASDAQ:CHKEL – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,500 shares of the company’s stock, valued at approximately $156,000.
Separately, Wolverine Asset Management LLC increased its stake in Chesapeake Energy by 498.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 1,515 shares of the company’s stock valued at $95,000 after buying an additional 1,262 shares during the period.
Chesapeake Energy Price Performance
Shares of NASDAQ CHKEL opened at $89.15 on Wednesday. Chesapeake Energy Co. has a twelve month low of $50.86 and a twelve month high of $78.30. The firm has a 50-day moving average of $87.20 and a two-hundred day moving average of $71.84.
Chesapeake Energy Company Profile
Chesapeake Energy Corporation operates as an independent exploration and production company in the United States. It engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana.
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