On Thursday, Shares of Chesapeake Energy Corporation (NYSE:CHK), gained 1.97% to $9.33. The stock attained the volume of 23.84 million shares.
The year-to-date (YTD) performance reflected a -51.75% below last year. During the past month the stock gains 22.41%, bringing three-month performance to -17.85% and six-month performance to -37.07%. The stock holds the market capitalization of $6.21 billion.
The stock climbed as oil prices climbed to their highest in three months on Thursday after a closely watched oil forecaster predicted prices would climb to $75 over the next two years, adding to early gains notched after a rally in Chinese stocks worries about Syria, according to Reuters.
PIRA Energy Group, a closely watched forecaster that predicted the collapse in oil prices a year ago, said it sees crude prices at $70 per barrel by the end of 2016 and $75 a barrel in 2017.
Brent crude oil futures LCOc1 closed up $1.72 at $53.05 a barrel, while U.S. crude futures CLc1 closed up $1.62 at $49.43 a barrel. Reuters Reports
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States.
At the end of Thursday’s trade, Shares of Gold Fields Limited (ADR) (NYSE:GFI), declined -2.40% to $2.85.
It traded in a range of $2.84 and $2.99, exchanging hands with 13.83 million shares.
The stock is down -36.77% in this year through last close. In the trailing twelve months, net profit margin of the company was -0.10% while gross profit margin was 33.90%.
Gold Fields Limited operates as a gold mining company. The company engages in the exploration, extraction, processing, and smelting of gold and copper properties. It holds interests in eight operating mines in South Africa, Ghana, Australia, and Peru.
Finally, Shares of Goldcorp Inc. (USA) (NYSE:GG), ended its last trade with -1.81% loss, and closed at $13.58.
The stock, after recent close, is 0.49% above their SMA 50 and 4.60% from SMA20 and is -22.32% below than SMA200. 68.80% shares of the company were owned by institutional investors. The company has 2.94 value in price to sale ratio while price to book ratio was recorded as 0.65. It beta stands at 0.36.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America.
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