Chesapeake Energy (CHK) Stock Price, News & Analysis

Company Overview

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. As of December 31, 2023, the company owns a portfolio of onshore U.S. unconventional natural gas assets, including interests in approximately 5,000 natural gas wells. Chesapeake Energy Corporation was founded in 1989 and is based in Oklahoma City, Oklahoma.

Key Stats

• Today's Range: $75.90 to $79.00
• 50-Day Range: $70.31 to $83.77
• 52-Week Range: $69.12 to $93.58
• Volume: 4.03 million shs
• Average Volume: 1.90 million shs
• Market Capitalization: $10.28 billion
• P/E Ratio: 10.57
• Dividend Yield: 2.93%
• Price Target: $105.92
• Consensus Rating: Moderate Buy

Chesapeake Energy Stock Analysis - MarketRank™

Chesapeake Energy scored higher than 95% of companies evaluated by MarketBeat, and ranked 18th out of 250 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chesapeake Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chesapeake Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 303.79%

Earnings Growth

Earnings for Chesapeake Energy are expected to grow by 303.79% in the coming year, from $1.32 to $5.33 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chesapeake Energy is 10.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.32.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chesapeake Energy is 10.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.03.

Price to Book Value per Share Ratio

Chesapeake Energy has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.55% of the float of Chesapeake Energy has been sold short.

Short Interest Ratio / Days to Cover

Chesapeake Energy has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Chesapeake Energy has recently decreased by 7.36%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Chesapeake Energy pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chesapeake Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Chesapeake Energy is 31.00%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Chesapeake Energy will have a dividend payout ratio of 43.15% next year. This indicates that Chesapeake Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

17.55% of the float of Chesapeake Energy has been sold short.

Short Interest Ratio / Days to Cover

Chesapeake Energy has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.

Change versus previous month

Short interest in Chesapeake Energy has recently decreased by 7.36%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Chesapeake Energy has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 27 news articles for Chesapeake Energy this week, compared to 9 articles on an average week.

Search Interest

Only 14 people have searched for CHK on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.

MarketBeat Follows

17 people have added Chesapeake Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 42% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Chesapeake Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.17% of the stock of Chesapeake Energy is held by insiders.

Percentage Held by Institutions

97.93% of the stock of Chesapeake Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CHK Stock Analysis - Frequently Asked Questions

How have CHK shares performed this year?

Chesapeake Energy's stock was trading at $76.94 at the start of the year. Since then, CHK stock has increased by 1.8% and is now trading at $78.31.
View the best growth stocks for 2024 here.

How were Chesapeake Energy's earnings last quarter?

Chesapeake Energy Co. (NASDAQ:CHK) released its quarterly earnings results on Monday, July, 29th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by $0.01. Chesapeake Energy's revenue was down 73.3% on a year-over-year basis.

Who are Chesapeake Energy's major shareholders?

Chesapeake Energy's top institutional investors include Massachusetts Financial Services Co. MA (3.14%), Kimmeridge Energy Management Company LLC (2.82%), Dimensional Fund Advisors LP (2.54%) and Thrivent Financial for Lutherans (1.98%). Insiders that own company stock include Holdings LP Blackstone III, Domenic J Dell'osso Jr, Joshua J Viets and Michael Wichterich.
View institutional ownership trends.

How do I buy shares of Chesapeake Energy?

Shares of CHK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 7/29/2024
• Ex-Dividend for 9/5 Dividend: 8/15/2024
• Dividend Payable: 9/05/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NASDAQ:CHK
• CUSIP: N/A
• CIK: 895126
• Web: www.chk.com
• Phone: 405-848-8000
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $105.92
• High Stock Price Target: $147.00
• Low Stock Price Target: $85.00
• Potential Upside/Downside: +38.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.54
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.42
• Trailing P/E Ratio: 10.31
• Forward P/E Ratio: 57.96
• P/E Growth: N/A
• Net Income: $2.42 billion
• Net Margins: 8.68%
• Pretax Margin: 10.78%
• Return on Equity: 4.00%
• Return on Assets: 2.99%

Debt

• Debt-to-Equity Ratio: 0.19
• Current Ratio: 2.16
• Quick Ratio: 2.16

Sales & Book Value

• Annual Sales: $4.90 billion
• Price / Sales: 2.05
• Cash Flow: $18.00 per share
• Price / Cash Flow: 4.25
• Book Value: $81.86 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 131,048,000
• Free Float: 130,825,000
• Market Cap: $10.03 billion
• Optionable: Optionable
• Beta: 0.46