3. As of noon trading, Chesapeake Energy ( CHK) is up $0.66 (2.5%) to $26.67 on light volume. Thus far, 2.9 million shares of Chesapeake Energy exchanged hands as compared to its average daily volume of 8.7 million shares. The stock has ranged in price between $26.11-$26.77 after having opened the day at $26.15 as compared to the previous trading day's close of $26.01.

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 $17.9 billion and is part of the basic materials sector. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are down 4.2% year-to-date as of the close of trading on Monday. Currently there are 5 analysts who rate Chesapeake Energy a buy, 1 analyst rates it a sell, and 18 rate it a hold.

TheStreet Ratings rates Chesapeake Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full Chesapeake Energy Ratings Report now.

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