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Chesapeake Energy (CHK) Catches Eye: Stock Jumps 9.2%

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Chesapeake Energy Corporation (CHK - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 41.6% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of one increase and six decreases over the past month, while the Zacks Consensus Estimate moved lower in the said time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Chesapeake Energy currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the Oil and Gas - Exploration and Production - United States industry is Bonanza Creek Energy, Inc. (BCEI - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CHK going up? Or down? Predict to see what others think: Up or Down

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