Shares of Chesapeake Energy Co. (NASDAQ:CHKEL – Get Free Report) traded up 0.3% during mid-day trading on Tuesday . The company traded as high as $101.18 and last traded at $101.18. 1,610 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 1,054 shares. The stock had previously closed at $100.85.
Chesapeake Energy Stock Performance
The firm’s fifty day moving average price is $103.07 and its 200 day moving average price is $96.67.
About Chesapeake Energy
Chesapeake Energy (NASDAQ:CHKEL) is an independent exploration and production company focused on the acquisition, development and production of natural gas, oil and natural gas liquids in onshore U.S. resource plays. Founded in 1989 by Aubrey McClendon and Tom Ward, Chesapeake grew to become one of the largest producers of natural gas in the United States, with a strategic emphasis on cost-effective drilling techniques and high-return resource plays.
The company’s operations are organized across several major U.S.
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