Chesapeake Energy (CHK) in Focus: Stock Tumbles 9.7% – Tale of the Tape

On Feb 25, the company reported adjusted fourth-quarter 2014 earnings of 11 cents per share, missing the Zacks Consensus Estimate of 25 cents. The reported figure also decreased from the year-earlier profit of 27 cents a share.

The natural gas exploration and production firm has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (1 increase, 2 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

CHK currently has a Zacks Rank #4 (Sell).

A better-ranked stock in the same sector is Cheniere Energy, Inc. (LNG), holding a Zacks Rank #2 (Buy).

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