Chesapeake Energy Corp – (CHK, +1, June 29th)
Between June 16th and June 27th, the CEO, the COO, and the Chairman purchased a total of $996,553 of stock at an average price of $81.94. They are the first buyers since the company emerged from bankruptcy in February 2021.
Domenic Dell’osso (CEO since 2021, CFO 2010-2021) is making his largest acquisition since he joined the company.
Michael Wichterich (Executive Chairman since October 2021, Interim CEO Apr-Oct 2021) and Josh Viets (COO since 2022) both made their first purchases, spending $415,800 and $334,627 respectively. The stock has performed strongly since its relisting and these are solid purchases from key insiders.
We are ranking the stock +1.