Chesapeake Energy (EXE) Projected to Post Quarterly Earnings on Tuesday

Chesapeake Energy (NASDAQ:EXE - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $1.82 billion for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Chesapeake Energy Stock Up 0.3 %

Shares of NASDAQ EXE traded up $0.30 during midday trading on Friday, hitting $105.33. The company had a trading volume of 1,781,452 shares, compared to its average volume of 2,723,487. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.00 and a quick ratio of 2.00. Chesapeake Energy has a twelve month low of $69.12 and a twelve month high of $109.47. The firm has a 50-day simple moving average of $101.39. The firm has a market cap of $24.34 billion, a price-to-earnings ratio of 65.02 and a beta of 0.52.

Insider Transactions at Chesapeake Energy

In related news, Director Catherine A. Kehr sold 43,623 shares of the business's stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $99.58, for a total value of $4,343,978.34. Following the completion of the sale, the director now directly owns 5,201 shares in the company, valued at approximately $517,915.58. The trade was a 89.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 58.00% of the company's stock.

Wall Street Analysts Forecast Growth

EXE has been the subject of several recent analyst reports. TD Cowen initiated coverage on shares of Chesapeake Energy in a research note on Friday, January 17th. They issued a "hold" rating and a $108.00 price objective for the company. Piper Sandler assumed coverage on shares of Chesapeake Energy in a research note on Tuesday, January 28th. They issued a "neutral" rating and a $96.00 price objective for the company. Barclays lifted their target price on shares of Chesapeake Energy from $94.00 to $113.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 30th. Royal Bank of Canada restated an "outperform" rating and set a $116.00 target price on shares of Chesapeake Energy in a research report on Tuesday, January 14th. Finally, Wells Fargo & Company lifted their target price on shares of Chesapeake Energy from $100.00 to $105.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target 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.