Flputnam Investment Management Co. adds 26,770 Shares of Chesapeake Energy Co. to its portfolio
Friday, April 14, 2023
Flputnam Investment Management Co. acquired 26,770 shares of Chesapeake Energy Co. during the fourth quarter of 2022, according to Best Stocks. The purchase is valued at approximately $2,526,000.
Chesapeake shares opened at $79.05 on Thursday, showing stability amid ongoing market volatility. Additionally, it has a debt-to-equity ratio of 0.34 further highlighting its financial security.
Chesapeake is a well-known oil and gas exploration company with assets in the Marcellus Shale in Pennsylvania, the Haynesville and Bossier shales in Louisiana and plays in South Texas such as Eagle Ford Shale.
Learn more: Best Stocks > Flputnam Investment Management Co. Acquires 26,770 Shares of Chesapeake Energy Co.
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