Wolverine Asset Management LLC Buys 2,889 Shares of Chesapeake Energy Co. (NASDAQ:CHKEW)

Wolverine Asset Management LLC increased its stake in shares of Chesapeake Energy Co. (NASDAQ:CHKEW) by 287.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,893 shares of the company’s stock after acquiring an additional 2,889 shares during the quarter. Wolverine Asset Management LLC’s holdings in Chesapeake Energy were worth $280,000 at the end of the most recent reporting period.

Chesapeake Energy Stock Performance

Shares of CHKEW stock opened at $100.16 on Monday. Chesapeake Energy Co. has a 12 month low of $60.70 and a 12 month high of $85.72. The stock has a 50-day moving average price of $96.26 and a 200 day moving average price of $82.87.

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.