Wolverine Asset Management LLC Grows Stock Position in Chesapeake Energy Co. (NASDAQ:CHKEW)

Wolverine Asset Management LLC raised its holdings in Chesapeake Energy Co. (NASDAQ:CHKEW) by 144.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,004 shares of the company’s stock after acquiring an additional 593 shares during the period. Wolverine Asset Management LLC’s holdings in Chesapeake Energy were worth $72,000 at the end of the most recent quarter.

Separately, Warberg Asset Management LLC raised its position in shares of Chesapeake Energy by 55.0% in the 2nd quarter. Warberg Asset Management LLC now owns 16,300 shares of the company’s stock worth $1,208,000 after buying an additional 5,787 shares during the period.

Chesapeake Energy Price Performance

CHKEW stock opened at $90.20 on Friday. The stock has a 50-day moving average price of $73.06 and a two-hundred day moving average price of $73.74. Chesapeake Energy Co. has a 12-month low of $60.70 and a 12-month high of $85.72.

About Chesapeake Energy

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.