The leading energy producer and marketing company Chesapeake Energy Corporation (NYSE:CHK) earned news for itself because of some unwanted reasons. According to a recently published news, Fort Worth school district filed a case against the energy giant CHK. According to the spokesperson of Fort Worth School, the Chief Executive Officer of CHK deducted its own expenses without any notification from the school owned royalties. He said that the way CHK deducted those expenses was completely unorganized and improper. After going through the entire issue, the management of Fort Worth School decided to file a lawsuit against CHK. Chesapeake Energy Corporation (NYSE:CHK) net profit margin is 4.40% and weekly performance is 3.28%. On last trading day company shares ended up $29.25. Analysts mean target price for the company is $30.47. Chesapeake Energy Corporation (NYSE:CHK) distance from 50-day simple moving average (SMA50) is 5.68%.
On June 2, Marathon Oil Corp. (NYSE:MRO) has entered into a definitive agreement with Det norske oljeselskap ASAunder which Det norske will purchase Marathon’s wholly owned subsidiary, Marathon Oil Norge AS, for a total transaction value of $2.7 billion. After adjustment for debt, net working capital, and interest on the net purchase price, Marathon expects net proceeds of $2.1 billion at closing. Marathon Oil Corporation (NYSE:MRO) shares advanced 1.02% in last trading session and ended the day on $36.81. Gross Margin is 68.40% and its return on assets is 7.10%. Marathon Oil Corporation (NYSE:MRO) quarterly performance is 9.26%.
On May 26, Marlin Midstream Partners LP (NASDAQ:FISH) Insider Amanda Bush unloaded 1,875 shares of the stock on the open market in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $19.00, for a total value of $35,625.00. Following the transaction, the insider now directly owns 23,187 shares in the company, valued at approximately $440,553. Marlin Midstream Partners LP (NASDAQ:FISH) shares moved up 1.07% in last trading session and was closed at $19.86, while trading in range of $19.63 – $19.96. Marlin Midstream Partners LP (NASDAQ:FISH) year to date (YTD) performance is 23.05%.
Cheniere Energy Partners LP (NYSEMKT:CQP) saw an uptick in trading volume on Tuesday after RBC Capital raised their price target on the stock from $36.00 to $39.00,American Banking & Market News reports. RBC Capital currently has an outperform rating on the stock. 2,092,122 shares traded hands during trading, an increase of 649% from the previous session’s volume of 279,396 shares.The stock last traded at $32.44 and had previously closed at $34.00.Cheniere Energy Partners LP (NYSEMKT:CQP) ended the last trading day at $32.50 . Company weekly volatility is calculated as 3.36% and price to cash ratio as 33.75. Cheniere Energy Partners LP (NYSEMKT:CQP) showed a positive weekly performance of 0.15%.
On May 21, Delek Logistics Partners LP (NYSE:DKL) was upgraded by Zacksfrom a “neutral” rating to an “outperform” rating in a note issued to investors on Monday. The firm currently has a $35.60 price objective on the stock. Zacks‘s price objective indicates a potential upside of 5.89% from the company’s current price. Delek Logistics Partners LP (NYSE:DKL) net profit margin is 5.90% and weekly performance is 2.71%. On last trading day company shares ended up $35.30. Analysts mean target price for the company is $37.00. Delek Logistics Partners LP (NYSE:DKL) distance from 50-day simple moving average (SMA50) is 6.60%.