Gateway Advisory Has Lowered Chevron New (CVX) Position; 2 Analysts Are Bullish Chesapeake Energy (CHK) Last Week

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Gateway Advisory Llc decreased Chevron Corp New (CVX) stake by 74.22% reported in 2018Q3 SEC filing. Gateway Advisory Llc sold 9,650 shares as Chevron Corp New (CVX)’s stock rose 0.40%. The Gateway Advisory Llc holds 3,352 shares with $410,000 value, down from 13,002 last quarter. Chevron Corp New now has $211.75 billion valuation. The stock increased 2.07% or $2.25 during the last trading session, reaching $110.82. About 7.95M shares traded or 4.91% up from the average. Chevron Corporation (NYSE:CVX) has declined 3.92% since January 7, 2018 and is downtrending. It has underperformed by 3.92% the S&P500. Some Historical CVX News: 21/03/2018 – Tengizchevroil to double LPG export through Taman port in 2018 – traders; 27/04/2018 – Chevron Blows Through All Profit Forecasts Amid Crude Rally; 27/04/2018 – CHEVRON ENDS 1Q EARNINGS CONFERENCE CALLL; 25/04/2018 – Cal EMA Spills: SPILL Report – Chevron – 04/25/2018 09:06 AM; 06/03/2018 – CHEVRON CVX.N – EXPECT BASE PLUS SHALE AND TIGHT PRODUCTION TO INCREASE 2 PCT -3 PCT EACH YEAR THROUGH 2022- PRESENTATION; 19/04/2018 – DJ Chevron Corporation, Inst Holders, 1Q 2018 (CVX); 20/03/2018 – Cal EMA Spills: SPILL Report – Chevron – 03/20/2018 05:38 PM; 27/04/2018 – CHEVRON CFO YARRINGTON SPEAKS ON EARNINGS CONFERENCE CALL; 28/05/2018 – Chevron restores production on Gulf of Mexico platforms after storm; 24/05/2018 – Sea-Land Chemical Company and Chevron Phillips Chemical Company LP Expand Distribution Relationship to Include Normal Alpha

Among 7 analysts covering Chesapeake Energy (NYSE:CHK), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Chesapeake Energy had 9 analyst reports since July 27, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Tuesday, September 25 by SunTrust. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Equal-Weight” rating given on Friday, October 12 by Morgan Stanley. Susquehanna upgraded Chesapeake Energy Corporation (NYSE:CHK) on Wednesday, October 31 to “Positive” rating. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Neutral” rating given on Friday, July 27 by Bank of America. The rating was downgraded by JP Morgan to “Underweight” on Friday, December 7. On Thursday, November 1 the stock rating was upgraded by Raymond James to “Outperform”. The rating was upgraded by Citigroup to “Neutral” on Tuesday, November 13. The company was maintained on Monday, July 30 by Citigroup. See Chesapeake Energy Corporation (NYSE:CHK) latest ratings:

07/12/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
13/11/2018 Broker: Citigroup Old Rating: Sell New Rating: Neutral Old Target: $3.5 New Target: $4.5 Upgrade
01/11/2018 Broker: Raymond James Old Rating: Market Perform New Rating: Outperform Upgrade
31/10/2018 Broker: Susquehanna Old Rating: Neutral New Rating: Positive Upgrade
12/10/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $5 New Target: $5.5 Maintain
04/10/2018 Broker: Morgan Stanley Rating: Equal-Weight New Target: $5 Initiates Coverage On
25/09/2018 Broker: SunTrust Old Rating: Buy New Rating: Hold Downgrade
30/07/2018 Broker: Citigroup Old Rating: Sell New Rating: Sell Old Target: $2.5 New Target: $3.5 Maintain
27/07/2018 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Old Target: $4 New Target: $6 Upgrade

Investors sentiment increased to 1.11 in 2018 Q3. Its up 0.01, from 1.1 in 2018Q2. It improved, as 31 investors sold Chesapeake Energy Corporation shares while 100 reduced holdings. 57 funds opened positions while 88 raised stakes. 541.62 million shares or 4.71% more from 517.26 million shares in 2018Q2 were reported. Citadel Advsrs Llc stated it has 163,013 shares or 0% of all its holdings. 35,342 were accumulated by Dekabank Deutsche Girozentrale. Sol Mngmt has invested 0.12% in Chesapeake Energy Corporation (NYSE:CHK). The Massachusetts-based Rhumbline Advisers has invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Fifth Third Natl Bank holds 0% or 4,300 shares in its portfolio. Great West Life Assurance Can reported 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Moreover, Davenport Limited Liability has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). Stratos Wealth Partners Ltd has 19,442 shares for 0% of their portfolio. Raymond James holds 0% or 488,247 shares. Arete Wealth Ltd Liability Corporation invested in 0.09% or 90,650 shares. Art Advsrs Ltd holds 59,964 shares. New York-based Boothbay Fund Management Ltd Llc has invested 0.02% in Chesapeake Energy Corporation (NYSE:CHK). Citigroup reported 1.08M shares. Glenmede Na, Pennsylvania-based fund reported 23,290 shares. Mackenzie Financial has invested 0.1% in Chesapeake Energy Corporation (NYSE:CHK).

More notable recent Chesapeake Energy Corporation (NYSE:CHK) news were published by: Seekingalpha.com which released: “Chesapeake Energy +26% after insider buying spree – Seeking Alpha” on December 26, 2018, also Seekingalpha.com with their article: “Chesapeake Energy: Getting Interesting – Seeking Alpha” published on December 28, 2018, Livetradingnews.com published: “Chesapeake Energy Corporation (NYSE:CHK) 2019 to $1 – Live Trading News” on January 02, 2019. More interesting news about Chesapeake Energy Corporation (NYSE:CHK) were released by: Seekingalpha.com and their article: “Chesapeake Energy Has Insiders, Institutions And Hedge Funds Increasing Their Positions – Seeking Alpha” published on December 17, 2018 as well as Fool.com‘s news article titled: “Is Chesapeake Energy Corporation a Buy? – Motley Fool” with publication date: December 20, 2018.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company has market cap of $2.76 billion. It operates in two divisions, Exploration and Production; and Marketing, Gathering, and Compression. It currently has negative earnings. The firm holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania.

The stock increased 5.63% or $0.12 during the last trading session, reaching $2.25. About 49.38 million shares traded or 27.17% up from the average. Chesapeake Energy Corporation (NYSE:CHK) has declined 28.38% since January 7, 2018 and is downtrending. It has underperformed by 28.38% the S&P500. Some Historical CHK News: 03/04/2018 – Moody’s assigns provisional ratings to Chesapeake Funding Il LLC, Series 2018-1, Element sponsored fleet lease ABS; 14/03/2018 – Interior-Parks: Captain John Smith Chesapeake National Historic Trail; 23/03/2018 – Moody’s Assigns Baa3 To Ports America Chesapeake’s 2017 Bonds, Stable Outlook; 03/05/2018 – ENVIVA PARTNERS – BELIEVE SUBSTANTIALLY COSTS RESULTING FROM CHESAPEAKE INCIDENT WILL BE RECOVERABLE THROUGH INSURANCE OR OTHER CONTRACTUAL RIGHTS; 28/03/2018 – Chesapeake Energy ‘not desperate to sell assets’ -CEO; 05/03/2018 – S&PGR Upgrades Chesapeake Energy To ‘B’; Outlook Stable; 02/05/2018 – CHK SAYS LESS NEED TO INVEST IN GAS ASSETS DURING LOW PRICES; 02/05/2018 – Chesapeake Energy 1Q Adjusted Production Rose 11%; 09/04/2018 – Maryland Public Television presents 14th annual Chesapeake Bay Week; 02/05/2018 – Chesapeake Energy 1Q EPS 29c

Since November 1, 2018, it had 12 insider purchases, and 0 insider sales for $10.57 million activity. DUNHAM ARCHIE W had bought 2.10 million shares worth $4.13M on Friday, December 21. Lawler Robert D. also bought $186,000 worth of Chesapeake Energy Corporation (NYSE:CHK) on Thursday, December 20. The insider Patterson Frank J. bought $154,080. Shares for $291,500 were bought by MARTIN R BRAD on Tuesday, December 11. On Friday, December 21 PIGOTT M. JASON bought $21,230 worth of Chesapeake Energy Corporation (NYSE:CHK) or 11,000 shares. DELL’OSSO DOMENIC J JR also bought $93,800 worth of Chesapeake Energy Corporation (NYSE:CHK) shares. Another trade for 200,000 shares valued at $361,800 was bought by RYAN THOMAS L.

Investors sentiment increased to 1.05 in 2018 Q3. Its up 0.02, from 1.03 in 2018Q2. It improved, as 49 investors sold CVX shares while 648 reduced holdings. 121 funds opened positions while 611 raised stakes. 1.18 billion shares or 1.47% less from 1.19 billion shares in 2018Q2 were reported. Cahill Finance Advisors accumulated 0.54% or 10,039 shares. Pennsylvania-based Bryn Mawr Tru has invested 0.37% in Chevron Corporation (NYSE:CVX). 2,058 are held by Gould Asset Mngmt Ltd Com Ca. Rothschild & Co Asset Us has invested 1.05% of its portfolio in Chevron Corporation (NYSE:CVX). First United National Bank & Trust holds 19,751 shares or 1.51% of its portfolio. Spinnaker Tru reported 23,302 shares. Alta Management invested 0.03% in Chevron Corporation (NYSE:CVX). Osterweis Cap Mngmt Inc has invested 0.03% in Chevron Corporation (NYSE:CVX). Wells Fargo Mn holds 0.5% in Chevron Corporation (NYSE:CVX) or 14.45M shares. Hemenway Tru Ltd Company accumulated 65,318 shares. Ashfield Cap Prtn Limited Liability invested in 1.74% or 127,274 shares. Shamrock Asset Lc invested 1% of its portfolio in Chevron Corporation (NYSE:CVX). Meag Munich Ergo Kapitalanlagegesellschaft Mbh owns 119,478 shares. Trexquant Limited Partnership reported 63,951 shares or 0.59% of all its holdings. Burke Herbert Financial Bank has invested 2% of its portfolio in Chevron Corporation (NYSE:CVX).

Among 6 analysts covering Chevron (NYSE:CVX), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Chevron had 6 analyst reports since July 11, 2018 according to SRatingsIntel. The company was maintained on Monday, November 5 by Wells Fargo. The stock of Chevron Corporation (NYSE:CVX) has “Overweight” rating given on Wednesday, July 11 by Barclays Capital. As per Thursday, September 6, the company rating was downgraded by Bank of America. On Monday, November 5 the stock rating was upgraded by Credit Suisse to “Outperform”. The rating was maintained by Societe Generale with “Buy” on Wednesday, December 19.

Since September 13, 2018, it had 0 insider purchases, and 4 insider sales for $2.82 million activity. On Thursday, November 29 JOHNSON JAMES WILLIAM sold $1.13M worth of Chevron Corporation (NYSE:CVX) or 9,500 shares.

Gateway Advisory Llc increased Ishares Tr stake by 12,578 shares to 247,901 valued at $5.97 million in 2018Q3. It also upped Vanguard Admiral Fds Inc (VIOG) stake by 10,304 shares and now owns 39,416 shares. Ishares Tr was raised too.

More notable recent Chevron Corporation (NYSE:CVX) news were published by: Seekingalpha.com which released: “How Safe Is Chevron’s Dividend? – Seeking Alpha” on December 10, 2018, also Seekingalpha.com with their article: “Chevron Hits A Home Run In The Permian – Seeking Alpha” published on December 12, 2018, Fool.com published: “Better Buy: ExxonMobil Corporation vs. Chevron Corporation – The Motley Fool” on December 16, 2018. More interesting news about Chevron Corporation (NYSE:CVX) were released by: Seekingalpha.com and their article: “Transocean +2.5% after $830M drilling contract from Chevron – Seeking Alpha” published on December 28, 2018 as well as Fool.com‘s news article titled: “Better Buy: Kinder Morgan Canada vs. Chevron Corporation – Motley Fool” with publication date: December 17, 2018.

Chesapeake Energy Corporation (NYSE:CHK) Institutional Positions Chart

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