Chesapeake Energy Co. (NASDAQ:CHKEL) Shares Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC grew its holdings in shares of Chesapeake Energy Co. (NASDAQ:CHKEL) by 983.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,419 shares of the company’s stock after acquiring an additional 14,904 shares during the period. Wolverine Asset Management LLC’s holdings in Chesapeake Energy were worth $1,026,000 as of its most recent SEC filing.

Separately, Deltec Asset Management LLC acquired a new stake in shares of Chesapeake Energy during the fourth quarter valued at about $156,000.

Chesapeake Energy Stock Performance

Shares of Chesapeake Energy stock opened at $93.75 on Friday. The business has a 50-day moving average of $89.41 and a 200-day moving average of $74.48. Chesapeake Energy Co. has a 1-year low of $50.86 and a 1-year high of $78.30.

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.