Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Chesapeake Energy Corporation NASDAQ: EXE. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Chesapeake Energy stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of Texas Instruments NASDAQ: TXN on 4/11/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
- Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
Chesapeake Energy Stock Performance
Shares of NASDAQ EXE traded up $1.93 during midday trading on Tuesday, reaching $112.85. 674,749 shares of the company traded hands, compared to its average volume of 3,482,909. The company has a market cap of $26.86 billion, a price-to-earnings ratio of 69.66 and a beta of 0.46. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.00 and a quick ratio of 2.00. The stock has a 50-day moving average price of $105.49 and a 200 day moving average price of $101.51. Chesapeake Energy Corporation has a 52 week low of $81.66 and a 52 week high of $114.03.
Chesapeake Energy (NASDAQ:EXE - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.17. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.10 billion. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. Sell-side analysts anticipate that Chesapeake Energy Corporation will post 1.33 earnings per share for the current fiscal year.
Chesapeake Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.575 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 2.04%. Chesapeake Energy's dividend payout ratio (DPR) is -42.91%.
Insider Transactions at Chesapeake Energy
In related news, CEO Domenic J. Dell'osso, Jr. acquired 2,500 shares of the stock in a transaction on Wednesday, March 5th. The shares were acquired at an average price of $99.50 per share, for a total transaction of $248,750.00. Following the transaction, the chief executive officer now owns 107,845 shares in the company, valued at approximately $10,730,577.50. This trade represents a 2.37% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.19% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently commented on the stock. Barclays raised shares of Chesapeake Energy from an "equal weight" rating to an "overweight" rating and upped their price objective for the company from $115.00 to $122.00 in a research report on Tuesday, April 15th. JPMorgan Chase & Co. dropped their target price on shares of Chesapeake Energy from $115.00 to $114.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Piper Sandler upgraded shares of Chesapeake Energy from a "neutral" rating to an "overweight" rating and set a $136.00 target price on the stock in a research report on Tuesday. Benchmark increased their target price on Chesapeake Energy from $93.00 to $112.00 and gave the company a "buy" rating in a research note on Thursday, April 3rd. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $116.00 price target on shares of Chesapeake Energy in a report on Tuesday, January 14th. One investment analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $125.06.
Get Our Latest Stock Analysis on Chesapeake Energy
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. bought a new position in Chesapeake Energy during the first quarter valued at approximately $2,973,033,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Chesapeake Energy during the first quarter worth approximately $518,328,000. Invesco Ltd. bought a new stake in shares of Chesapeake Energy in the first quarter valued at about $433,431,000. AGF Management Ltd. purchased a new position in shares of Chesapeake Energy in the 1st quarter valued at $404,511,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Chesapeake Energy in the 1st quarter valued at about $326,670,000. Institutional investors own 97.93% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
About Chesapeake Energy
(
Get Free Report)
Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.
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