Roth Capital Raises Earnings Estimates for Chesapeake Energy

Chesapeake Energy Corporation (NASDAQ:EXE - Free Report) - Equities researchers at Roth Capital lifted their Q4 2024 earnings estimates for Chesapeake Energy in a research report issued on Thursday, February 13th. Roth Capital analyst L. Mariani now expects that the company will post earnings of $0.79 per share for the quarter, up from their prior estimate of $0.62. The consensus estimate for Chesapeake Energy's current full-year earnings is $1.33 per share. Roth Capital also issued estimates for Chesapeake Energy's Q1 2025 earnings at $1.74 EPS, Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.22 EPS, Q4 2025 earnings at $2.18 EPS and FY2025 earnings at $6.10 EPS.

Other analysts have also recently issued research reports about the stock. Bank of America assumed coverage on shares of Chesapeake Energy in a research note on Monday, October 28th. They set a "buy" rating and a $114.00 target price for the company. Stephens increased their target price on Chesapeake Energy from $85.00 to $86.00 and gave the company an "equal weight" rating in a report on Wednesday, October 30th. Citigroup lifted their target price on shares of Chesapeake Energy from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, January 16th. Morgan Stanley began coverage on shares of Chesapeake Energy in a research note on Friday, January 10th. They issued an "overweight" rating and a $127.00 price target on the stock. Finally, Truist Financial upped their price objective on shares of Chesapeake Energy from $109.00 to $133.00 and gave the company a "buy" rating in a research note on Monday, January 13th. Five 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 stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.18.

Chesapeake Energy Trading Down 1.2 %

NASDAQ:EXE traded down $1.30 during trading hours on Monday, reaching $106.15. 3,018,093 shares of the company were exchanged, compared to its average volume of 2,765,560. 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 firm has a market cap of $24.53 billion, a price-to-earnings ratio of 65.52 and a beta of 0.52. Chesapeake Energy has a twelve month low of $69.12 and a twelve month high of $109.47. The stock has a 50-day moving average of $102.07.

Insider Buying and Selling at Chesapeake Energy

In other Chesapeake Energy news, Director Catherine A. Kehr sold 43,623 shares of Chesapeake Energy stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $99.58, for a total value of $4,343,978.34. Following the completion of the transaction, the director now directly owns 5,201 shares of the company's stock, valued at $517,915.58. The trade was a 89.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 58.00% of the stock is owned by corporate insiders.

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.