Warberg Asset Management LLC Has $1.37 Million Holdings in Chesapeake Energy Co. (NASDAQ:CHKEL)

Warberg Asset Management LLC trimmed its position in shares of Chesapeake Energy Co. (NASDAQ:CHKEL) by 6.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 23,060 shares of the company’s stock after selling 1,628 shares during the period. Warberg Asset Management LLC’s holdings in Chesapeake Energy were worth $1,366,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CHKEL. CSS LLC IL bought a new position in Chesapeake Energy in the 2nd quarter worth approximately $283,000. Bluefin Capital Management LLC grew its position in Chesapeake Energy by 1.0% in the third quarter. Bluefin Capital Management LLC now owns 1,206,283 shares of the company’s stock valued at $82,908,000 after acquiring an additional 12,364 shares during the period. Walleye Capital LLC grew its position in Chesapeake Energy by 61.3% in the first quarter. Walleye Capital LLC now owns 1,337,776 shares of the company’s stock valued at $74,354,000 after acquiring an additional 508,360 shares during the period. Citadel Advisors LLC boosted its stake in Chesapeake Energy by 20.4% in the second quarter. Citadel Advisors LLC now owns 280,441 shares of the company’s stock worth $14,715,000 after purchasing an additional 47,460 shares in the last quarter. Finally, Prelude Capital Management LLC lifted its stake in shares of Chesapeake Energy by 148.3% during the first quarter. Prelude Capital Management LLC now owns 23,441 shares of the company’s stock valued at $1,303,000 after acquiring an additional 14,000 shares during the period.

Chesapeake Energy Trading Up 2.7 %

NASDAQ CHKEL traded up $1.95 on Thursday, reaching $73.35. The company had a trading volume of 4,411 shares, compared to its average volume of 1,372. The stock’s 50 day moving average is $62.44 and its 200-day moving average is $64.01. Chesapeake Energy Co. has a 52 week low of $56.03 and a 52 week high of $73.69.

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.