Chesapeake Energy Corp (CHK): Today's Featured Energy Loser

Chesapeake Energy ( CHK) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day up 1.5%. By the end of trading, Chesapeake Energy fell 57 cents (-3.1%) to $17.56 on heavy volume. Throughout the day, 49.4 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 18 million shares. The stock ranged in price between $17.47-$18.57 after having opened the day at $17.95 as compared to the previous trading day's close of $18.13. Other company's within the Energy industry that declined today were: Mission NewEnergy ( MNEL), down 9.8%, GeoGlobal Resources ( GGR), down 8.6%, Torch Energy Royalty ( TRU), down 5.5%, and Constellation Energy Partners ( CEP), down 5.4%.

Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services. Chesapeake Energy has a market cap of $11.77 billion and is part of the basic materials sector. The company has a P/E ratio of 7.7, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 18.7% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Chesapeake Energy a buy, three analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

On the positive front, Houston American Energy Corporation ( HUSA), up 35%, Recon Technology ( RCON), up 21.4%, Geokinetics ( GOK), up 11%, and HyperDynamics Corporation ( HDY), up 8.4%, were all gainers within the energy industry with BP ( BP) being today's featured energy industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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