Today’s Research Reports on Trending Tickers: Chesapeake Energy and Whiting Petroleum

NEW YORK, NY / ACCESSWIRE / March 12, 2018 / U.S. markets hiked higher on Friday, with the Dow Jones breaking above the 25,000 threshold, on the back of a stronger-than-expected jobs report. The Dow Jones Industrial Average gained 1.77 percent to close at 25,335.74, while the S&P 500 Index increased 1.74 percent to close at 2,786.57. The Nasdaq Composite Index jumped 1.79 percent to close at 7,560.81.

"You're getting strong jobs with not a lot of wage growth, which is perfect below expectations. And that's what's sort of powering the futures right. It's the best of both worlds," said Robert Pavlik, chief investment strategist at SlateStone Wealth.

RDI Initiates Coverage on:

Chesapeake Energy Corp.
https://rdinvesting.com/news/?ticker=CHK

Whiting Petroleum Corp.
https://rdinvesting.com/news/?ticker=WLL

Chesapeake Energy Corp.'s stock moved 4.38% higher Friday, to close the day at $3.10. The stock recorded a trading volume of 29,113,403 shares, which was below its three months average volume of 35,654,185 shares. In the last year, Chesapeake Energy Corp.'s shares have traded in a range of 2.53 - 6.59. The share price has gained 22.53% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $3.19 is below its 200-day moving average of $3.75. Shares of Chesapeake Energy have gained roughly 8.77 percent in the past month and are down 21.72 percent year-to-date.

Access RDI's Chesapeake Energy Corp. Research Report at:
https://rdinvesting.com/news/?ticker=CHK

On Friday, shares of Whiting Petroleum Corp. recorded a trading volume of 5,153,410 shares, which was above the three months average volume of 5,003,222 shares. The stock ended the day 6.12% higher at 29.81. The share price has gained 87.72% from its 52 week low with a 52 week trading range of 15.88 - 41.48. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $27.08 is greater than its 200-day moving average of $24.00. Shares of Whiting Petroleum have gained roughly 32.61 percent in the past month and are up 12.58 percent year-to-date.

Access RDI's Whiting Petroleum Corp. Research Report at:
https://rdinvesting.com/news/?ticker=WLL

Our Actionable Research on Chesapeake Energy Corp. (NYSE:CHK) and Whiting Petroleum Corp. (NYSE:WLL) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com