Stuyvesant Capital Management Position in Chesapeake Energy (CHK) Has Lowered as Share Value Declined; Eqt Midstream Partners LP (EQM) Stock Value Declined While Mariner Investment Group Has Decreased Position by $496,838

April 23, 2018 - By Richard Conner

Chesapeake Energy Corporation (NYSE:CHK) Logo

Stuyvesant Capital Management decreased its stake in Chesapeake Energy Corp (CHK) by 32.47% based on its latest 2017Q4 regulatory filing with the SEC. Stuyvesant Capital Management sold 143,650 shares as the company’s stock declined 23.38% with the market. The institutional investor held 298,750 shares of the oil & gas production company at the end of 2017Q4, valued at $1.18M, down from 442,400 at the end of the previous reported quarter. Stuyvesant Capital Management who had been investing in Chesapeake Energy Corp for a number of months, seems to be less bullish one the $2.69 billion market cap company. The stock decreased 0.99% or $0.03 during the last trading session, reaching $3. About 22.83 million shares traded. Chesapeake Energy Corporation (NYSE:CHK) has declined 42.83% since April 23, 2017 and is downtrending. It has underperformed by 54.38% the S&P500.

William Michaelcheck decreased its stake in Eqt Midstream Partners Lp (EQM) by 3.74% based on its latest 2017Q4 regulatory filing with the SEC. Mariner Investment Group Llc sold 6,806 shares as the company’s stock declined 21.10% with the market. The hedge fund run by William Michaelcheck held 175,384 shares of the public utilities company at the end of 2017Q4, valued at $12.82 million, down from 182,190 at the end of the previous reported quarter. Mariner Investment Group Llc who had been investing in Eqt Midstream Partners Lp for a number of months, seems to be less bullish one the $4.84 billion market cap company. The stock decreased 0.71% or $0.43 during the last trading session, reaching $60. About 199,719 shares traded. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.44% since April 23, 2017 and is downtrending. It has underperformed by 36.99% the S&P500.

Among 15 analysts covering EQT Midstream Partners (NYSE:EQM), 9 have Buy rating, 0 Sell and 6 Hold. Therefore 60% are positive. EQT Midstream Partners had 41 analyst reports since August 13, 2015 according to SRatingsIntel. The rating was initiated by Credit Suisse on Monday, October 26 with “Outperform”. The rating was upgraded by Wells Fargo on Friday, January 15 to “Outperform”. The rating was maintained by Barclays Capital on Tuesday, April 17 with “Overweight”. Deutsche Bank maintained EQT Midstream Partners, LP (NYSE:EQM) on Wednesday, November 18 with “Buy” rating. Seaport Global upgraded EQT Midstream Partners, LP (NYSE:EQM) on Monday, April 9 to “Buy” rating. Bank of America downgraded the stock to “Neutral” rating in Wednesday, March 21 report. The stock has “Overweight” rating by Morgan Stanley on Tuesday, February 14. The rating was maintained by Scotia Capital on Monday, April 24 with “Hold”. As per Friday, October 14, the company rating was maintained by Mitsubishi UFJ. The stock of EQT Midstream Partners, LP (NYSE:EQM) earned “Hold” rating by Stifel Nicolaus on Thursday, August 24.

Analysts await EQT Midstream Partners, LP (NYSE:EQM) to report earnings on April, 26 before the open. They expect $1.44 earnings per share, up 5.88% or $0.08 from last year’s $1.36 per share. EQM’s profit will be $116.04 million for 10.42 P/E if the $1.44 EPS becomes a reality. After $1.28 actual earnings per share reported by EQT Midstream Partners, LP for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Investors sentiment decreased to 0.99 in Q4 2017. Its down 0.16, from 1.15 in 2017Q3. It turned negative, as 19 investors sold EQM shares while 65 reduced holdings. 26 funds opened positions while 57 raised stakes. 55.72 million shares or 2.06% less from 56.89 million shares in 2017Q3 were reported. Moreover, Blair William And Il has 0% invested in EQT Midstream Partners, LP (NYSE:EQM). Glenmede Trust Co Na reported 46,514 shares. Blackrock owns 435,373 shares or 0% of their US portfolio. 6,125 are held by Cim Lc. Zimmer Partners Limited Partnership accumulated 167,004 shares. Duff And Phelps Investment Mgmt owns 176,000 shares. Mai Capital Management has 0.47% invested in EQT Midstream Partners, LP (NYSE:EQM). Eagle Global Limited Liability Co reported 423,692 shares. Atlantic Tru Grp Limited Liability has invested 0.02% in EQT Midstream Partners, LP (NYSE:EQM). Tph Asset Lc reported 0.4% in EQT Midstream Partners, LP (NYSE:EQM). Fort Washington Advsrs Oh, Ohio-based fund reported 99,500 shares. 800 were accumulated by Solaris Asset Management Ltd. Hamlin Cap Ltd Llc invested in 1.13M shares. Ancora Advsr Ltd Limited Liability Company has invested 0.01% of its portfolio in EQT Midstream Partners, LP (NYSE:EQM). Advisory Lc has 0.02% invested in EQT Midstream Partners, LP (NYSE:EQM).

Among 33 analysts covering Chesapeake Energy Corporation (NYSE:CHK), 8 have Buy rating, 11 Sell and 14 Hold. Therefore 24% are positive. Chesapeake Energy Corporation had 97 analyst reports since July 21, 2015 according to SRatingsIntel. As per Thursday, March 30, the company rating was maintained by Wunderlich. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Buy” rating given on Monday, July 27 by SunTrust. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Hold” rating given on Wednesday, December 9 by Deutsche Bank. The stock of Chesapeake Energy Corporation (NYSE:CHK) has “Hold” rating given on Monday, March 12 by BMO Capital Markets. Deutsche Bank maintained Chesapeake Energy Corporation (NYSE:CHK) rating on Friday, March 11. Deutsche Bank has “Hold” rating and $5 target. Bernstein downgraded the shares of CHK in report on Tuesday, November 3 to “Market Perform” rating. Bank of America maintained Chesapeake Energy Corporation (NYSE:CHK) on Monday, May 15 with “Buy” rating. The stock of Chesapeake Energy Corporation (NYSE:CHK) earned “Sell” rating by UBS on Friday, October 21. The firm has “Sell” rating given on Tuesday, April 17 by Citigroup. Piper Jaffray maintained it with “Hold” rating and $5.0 target in Tuesday, January 9 report.

Investors sentiment decreased to 1.04 in Q4 2017. Its down 0.21, from 1.25 in 2017Q3. It turned negative, as 44 investors sold CHK shares while 110 reduced holdings. 50 funds opened positions while 110 raised stakes. 548.86 million shares or 4.62% less from 575.42 million shares in 2017Q3 were reported. Jump Trading Ltd Liability Corp holds 0% in Chesapeake Energy Corporation (NYSE:CHK) or 2,945 shares. 48,505 are owned by Sector Pension Inv Board. Salem Counselors holds 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 440 shares. Cornerstone Advsr holds 0.01% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK) for 3,000 shares. Riverhead Capital Ltd Liability Corporation invested 0.01% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Parallax Volatility Advisers LP accumulated 0% or 21,862 shares. Johnson Grp Inc invested 0% of its portfolio in Chesapeake Energy Corporation (NYSE:CHK). Dynamic Cap Mgmt Limited holds 0.07% or 52,129 shares. Asset One stated it has 3,943 shares or 0% of all its holdings. Miracle Mile Limited Com stated it has 20,600 shares or 0.01% of all its holdings. Teacher Retirement System Of Texas stated it has 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Hightower Advsrs Limited Liability Corporation owns 0% invested in Chesapeake Energy Corporation (NYSE:CHK) for 33,281 shares. Moreover, Grantham Mayo Van Otterloo And Llc has 0% invested in Chesapeake Energy Corporation (NYSE:CHK). Advisor Prtn has invested 0.01% in Chesapeake Energy Corporation (NYSE:CHK). Moreover, Advantus Cap Management has 0.01% invested in Chesapeake Energy Corporation (NYSE:CHK).

Analysts await Chesapeake Energy Corporation (NYSE:CHK) to report earnings on May, 3. They expect $0.27 earnings per share, up 17.39% or $0.04 from last year’s $0.23 per share. CHK’s profit will be $242.01 million for 2.78 P/E if the $0.27 EPS becomes a reality. After $0.30 actual earnings per share reported by Chesapeake Energy Corporation for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

EQT Midstream Partners, LP (NYSE:EQM) Institutional Positions Chart

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