Chesapeake Energy (EXE) Projected to Post Earnings on Wednesday

Chesapeake Energy (NASDAQ:EXE - Get Free Report) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $1.82 billion for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Chesapeake Energy Trading Down 1.9 %

Shares of EXE traded down $2.01 during trading hours on Friday, reaching $104.14. 4,336,039 shares of the stock traded hands, compared to its average volume of 2,813,772. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.00. The company has a market capitalization of $24.07 billion, a P/E ratio of 64.28 and a beta of 0.52. The company's 50-day simple moving average is $102.20. Chesapeake Energy has a 52-week low of $69.12 and a 52-week high of $109.47.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $116.00 target price on shares of Chesapeake Energy in a report on Tuesday, January 14th. Scotiabank upgraded shares of Chesapeake Energy from a "sector perform" rating to a "sector outperform" rating and upped their price target for the company from $105.00 to $130.00 in a report on Friday, January 17th. Bank of America initiated coverage on shares of Chesapeake Energy in a research report on Monday, October 28th. They issued a "buy" rating and a $114.00 price objective for the company. Raymond James began coverage on shares of Chesapeake Energy in a research report on Tuesday, February 4th. They issued a "strong-buy" rating and a $135.00 price objective for the company. Finally, Citigroup upped their price target on shares of Chesapeake Energy from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $116.18.

Chesapeake Energy Company Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.