Chesapeake Energy's stock falls toward first loss in 5 days
Shares of Chesapeake Energy Corp. slumped 1.1% in midday trade, putting them on track for the first loss in five sessions since the oil and gas company reported fourth-quarter earnings. Analyst John Gerdes at MKM Partners reiterated his neutral rating and $3 stock price target, which is 5.1% below current levels, saying the stock trades at an "almost 20% premium" to its peers. Gerdes said that while the completion of the WildHorse Resource Development Corp. acquisition last month adds "material... Читать дальше...
