Wolverine Asset Management LLC Has $701,000 Position in Chesapeake Energy Co. (NASDAQ:CHKEL)

Wolverine Asset Management LLC lifted its holdings in shares of Chesapeake Energy Co. (NASDAQ:CHKEL) by 53.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 11,841 shares of the company’s stock after purchasing an additional 4,101 shares during the period. Wolverine Asset Management LLC’s holdings in Chesapeake Energy were worth $701,000 at the end of the most recent reporting period.

Separately, Bluefin Capital Management LLC grew its holdings in shares of Chesapeake Energy by 1.0% during the third quarter. Bluefin Capital Management LLC now owns 1,206,283 shares of the company’s stock worth $82,908,000 after purchasing an additional 12,364 shares during the last quarter.

Chesapeake Energy Stock Performance

Shares of CHKEL stock opened at $74.50 on Friday. The stock’s fifty day moving average is $68.89 and its 200-day moving average is $64.80. Chesapeake Energy Co. has a 52 week low of $56.81 and a 52 week high of $74.63.

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.