Shares of Chesapeake Energy Co. (NASDAQ:CHKEW – Get Free Report) were down 4.4% during trading on Wednesday . The stock traded as low as $105.23 and last traded at $105.23. Approximately 1,459 shares traded hands during trading, an increase of 165% from the average daily volume of 550 shares. The stock had previously closed at $110.13.
Chesapeake Energy Trading Down 4.4%
The company’s 50-day simple moving average is $110.94 and its 200 day simple moving average is $111.97.
Chesapeake Energy Company Profile
Chesapeake Energy Corporation operates as an independent exploration and production company in the United States. It engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana.
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