Shares of Chesapeake Energy Co. (NASDAQ:CHKEL – Get Free Report) traded up 4.7% during trading on Thursday . The company traded as high as $116.00 and last traded at $116.00. 1,760 shares were traded during mid-day trading, an increase of 67% from the average session volume of 1,054 shares. The stock had previously closed at $110.75.
Chesapeake Energy Stock Up 4.7%
The stock has a 50-day simple moving average of $99.06 and a 200 day simple moving average of $96.86.
About Chesapeake Energy
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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