Chesapeake Energy (NASDAQ:CHKEL) Stock Price Up 2.2% – Time to Buy?

Shares of Chesapeake Energy Co. (NASDAQ:CHKELGet Free Report) were up 2.2% on Wednesday . The company traded as high as $93.0999 and last traded at $89.90. Approximately 1,030 shares were traded during trading, a decline of 2% from the average daily volume of 1,054 shares. The stock had previously closed at $87.99.

Chesapeake Energy Stock Up 2.2%

The firm has a fifty day moving average of $103.07 and a 200-day moving average of $95.02.

About Chesapeake Energy

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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.

Further Reading

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