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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Chesapeake Energy ( CHK) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day down 0.3%. By the end of trading, Chesapeake Energy rose $0.26 (1.1%) to $22.85 on average volume. Throughout the day, 8,367,547 shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 11,079,500 shares. The stock ranged in a price between $22.34-$22.86 after having opened the day at $22.44 as compared to the previous trading day's close of $22.59. Other companies within the Energy industry that increased today were: Samson Oil & Gas ( SSN), up 12.2%, Phillips 66 Partners ( PSXP), up 9.9%, Houston American Energy Corporation ( HUSA), up 8.3% and SandRidge Mississippian Trust II ( SDR), up 6.8%.

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 $14.8 billion and is part of the basic materials sector. Shares are up 35.9% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 17 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 revenue growth, good cash flow from operations and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, generally higher debt management risk and poor profit margins.

On the negative front, Basic Energy Services ( BAS), down 11.3%, Camac Energy ( CAK), down 7.2%, Forum Energy Technologies ( FET), down 6.2% and CKX Lands ( CKX), down 6.1% , were all laggards within the energy industry with Marathon Oil ( MRO) being today's energy industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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