Chesapeake Energy Extends Gains as Oil Recovers, Poison Pill Adopted [TheStreet.com]
Chesapeake Energy Corporation (CHK)
Last chesapeake energy corporation earnings: 2/26 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
chk.com/investors
Company Research
Source: TheStreet.com
Shares of Chesapeake Energy(CHKGet ReportA rebound in crude-oil prices from unprecedented negative territory have helped lift the Oklahoma City-based driller’s stock price this week, which has now nearly doubled since closing Monday at a record low of $14.38.The gains were extended in premarket trading on Friday after the company announced its so-called poison-pill plan, an industry term that describes the harm another company or investor will experience if they attempt to amass a large quantity of a beaten-down stock.Chesapeake's shareholder rights plan can be exercised if a person or group acquires 4.9% or more of the company's outstanding common stock, the company said in a statement. Under those conditions, holders of the rights can buy common shares at a 50% discount or Chesapeake can exchange each right for one share.The purpose of the shareholder rights plan is to protect Chesapeake’s assets known as “net operating loss carryforwards,” which offer special tax exemptions. At the
Show less
Read more
Impact Snapshot
Event Time:
CHK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CHK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CHK alerts
High impacting Chesapeake Energy Corporation news events
Weekly update
A roundup of the hottest topics