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3 Stocks in Focus: Whiting Petroleum (WLL), The Procter (PG), Chesapeake (CHK)

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The Procter & Gamble Company (PG) climbed 0.42% during last trading as the stock added $0.37 to finish the day at $89.22 with about 60.96M shares changing hands, compared to its three month average trading volume of 19.55M. The $238.04B market cap company, which fluctuated between $88.47 and $89.73 during the day, currently situated 27.11% above its 52 week low of $73.5 and -1.11% away from its one year high of $90.22. The RSI of 56.15 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

The Procter & Gamble Company provides branded consumer packaged goods to consumers in North America, Europe, the Asia Pacific, India, the Middle East, Africa, and Latin America. The company’s Beauty segment offers hair care products comprising conditioners, shampoos, styling aids, and treatments; and antiperspirants and deodorants, personal cleansing, and skin care products. This segment markets its products under the Head & Shoulders, Olay, Pantene, Rejoice, Old Spice, Safeguard, and SK-II brands. Its Grooming segment provides blades and razors, pre- and post-shave products, and other shave care products, as well as appliances under the Braun, Fusion, Gillette, Mach3, Prestobarba, and Venus brands. The company’s Health Care segment offers toothbrushes, toothpaste, and other oral care products; and gastrointestinal, rapid diagnostics, respiratory, vitamins/minerals/supplements, and other healthcare products under the Oral-B, Crest, Prilosec, Vicks, Metamucil, Pepto Bismol, and Align brands. Its Fabric & Home Care segment provides fabric care products, including fabric enhancers, laundry additives, and laundry detergents; and home care products comprising air care, dish care, P&G professional, and surface care products under the Tide, Ariel, Downy, Gain, Cascade, Dawn, Febreze, Mr. Clean, and Swiffer brands. The company’s Baby, Feminine & Family Care segment offers baby care products, such as baby wipes, diapers, and pants; adult incontinence and feminine care products; and family care products, such as paper towels, tissues, and toilet papers. This segment markets its products under the Pampers, Always, Bounty, Charmin, Luvs, and Tampax brands. The company sells its products through mass merchandisers, grocery stores, membership club stores, drug stores, department stores, distributors, baby stores, specialty beauty stores, e-commerce, high-frequency stores, and pharmacies. The Procter & Gamble Company was founded in 1837 and is based in Cincinnati, Ohio.

Chesapeake Energy Corporation (CHK) dropped $-0.15 to close the day at a new closing price of $6.65, a -2.21% decrease in value from its previous closing price that moved the stock 343.33% above its 52 week low of $1.5. A total of 43.92M shares exchanged hands during the day compared with its three month average trading volume of 48.84M. The stock, which fluctuated between $6.6 and $6.97 during the day, currently situated -30.37% below its 52 week high. The stock is down by -2.35% in the past one month and up by 56.84% over the past three months. With a one year target estimate of $6.2 and RSI of 52.88, the stock still has upside potential, making it a hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Whiting Petroleum Corp. (WLL) had a active trading with around 43.53M shares changing hands compared to its three month average trading volume of 25.96M. The stock traded between $8.84 and $9.34 before closing at the price of $9.09 with 2.13% change on the day. The Denver Colorado 80290 based company is currently trading 171.34% above its 52 week low of $3.35 and -60.13% below its 52 week high of $22.8. Both the RSI indicator and target price of 63.63 and $11.55 respectively, lead us to believe that it should be put on hold over the coming weeks.

Whiting Petroleum Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers. As of December 31, 2015, the company had total estimated proved reserves of 820.6 million barrels of oil equivalent; and interests in 3,177 net productive wells on approximately 593,900 net developed acres. Whiting Petroleum Corporation was founded in 1980 and is based in Denver, Colorado.

 

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