Chesapeake Energy Corporation (NYSE:CHK) – Oil prices rose slightly Thursday

During the most recent trading day, the stock’s price shifted up + 64.59 percent from its 52-week-low while -29.15 percent lower from its 52-week high.

Chesapeake Energy Corporation generated a return on investment of -56.90 % in past 12 months and return on equity of 160.80 % for similar period.

The share price of Chesapeake Energy Corporation (NYSE:CHK) surged 44.89 percent for the year. YTD, the current share price of the stock is below -17.24 percent.  The Nasdaq Composite was set to lose hold of a run of gains Thursday, with U.S. stock futures pointing lower on a day that may provide few directional clues for investors.

Dow Jones Industrial Average futures YMM7, -0.13% fell 21 points to 20,580, while S&P 500 futures ESM7, -0.13%  eased 2.75 point to 2,354.50. Nasdaq-100 futures NQM7, -0.11% dipped 4.5 points to 5,431.50.

Wednesday’s session saw the Nasdaq Composite Index COMP, +0.38%  close 0.4% higher at 5,987.55, a fourth-straight gain. The Dow industrials DJIA, -0.20%  ended down 0.2% to 20,659.32, while the S&P 500 index SPX, +0.11%  managed to squeak higher, gaining 0.1% to 2,361.13.

Oil prices rose slightly Thursday, with gains tempered by a rising dollar after crude witnessed some of its biggest gains in nearly two months during the U.S. session.

That bounce, which allowed futures to settle at three-week highs on Wednesday, was stoked by data from the U.S. Energy Information Administration showing a larger-than-expected decline in gasoline and distillate supplies as well as refiners processing oil at a higher rate.

“The big falls in gasoline inventories, coming near the end of the refinery-maintenance season, suggest crude-oil inventories are on the cusp of declining,” said ANZ Research. Crude-oil stockpiles rose a less-than-expected 900,000 barrels last week by the government’s count.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in May CLK7, -0.22%   recently traded up 17 cents at $49.69 a barrel in the Globex electronic session. May Brent crude LCOK7, -0.59%  on London’s ICE Futures exchange rose 11 cents to $52.50. The WSJ Dollar Index BUXX, +0.05%  which compares the greenback to 16 currencies was recently up 0.12% to 90.17. Source: Market Watch

Shares of Chesapeake Energy Corporation (NYSE:CHK) gained 7.89% to $5.81 on Wednesday. The share price is trading in a range of 5.41 – 5.95 (Price in Dollars). The stock exchanged hands with 65,131,411 shares contrast to its average daily volume of 38,335,400 shares.

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