Chesapeake Midstream Partners L.P Stock Hits New 52-Week Low (CHKM)

NEW YORK ( TheStreet) -- Chesapeake Midstream Partners L.P (NYSE: CHKM) hit a new 52-week low Friday as it is currently trading at $23.74, below its previous 52-week low of $23.93 with 1.1 million shares traded as of 3:45 p.m. ET. Average volume has been 421,200 shares over the past 30 days.

Chesapeake Midstream Partners L.P has a market cap of $2.01 billion and is part of the basic materials sector and energy industry. Shares are down 12% year to date as of the close of trading on Thursday.

Chesapeake Midstream Partners, L.P. owns, operates, develops, and acquires natural gas, natural gas liquids, and oil gathering systems, and other midstream energy assets in the United States. The company has a P/E ratio of 17.7, below the average energy industry P/E ratio of 18.6 and equal to the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Chesapeake Midstream Partners L.P as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share. You can view the full Chesapeake Midstream Partners L.P Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Jim Cramer: The 10-Year Yield Could Go to 2.75%

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Oil Slumps, Gas Spikes Ahead of Holiday Weekend; Assessing the Chipmakers--ICYMI

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%