Free Trial
NASDAQ:CHK

Chesapeake Energy (CHK) Stock Price, News & Analysis

$81.46
0.00 (0.00%)
(As of 10/4/2024)

About Chesapeake Energy Stock (NASDAQ:CHK)

Key Stats

Today's Range
$81.46
$81.46
50-Day Range
$70.31
$82.60
52-Week Range
$69.12
$93.58
Volume
844 shs
Average Volume
1.99 million shs
Market Capitalization
$10.68 billion
P/E Ratio
10.98
Dividend Yield
2.82%
Price Target
$99.92
Consensus Rating
Moderate Buy

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.

Chesapeake Energy Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
80th Percentile Overall Score

CHK MarketRank™: 

Chesapeake Energy scored higher than 80% of companies evaluated by MarketBeat, and ranked 84th out of 255 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Chesapeake Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Chesapeake Energy has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Chesapeake Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for Chesapeake Energy are expected to grow by 227.97% in the coming year, from $1.43 to $4.69 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Chesapeake Energy is 10.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Chesapeake Energy is 10.98, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.85.

  • Price to Book Value per Share Ratio

    Chesapeake Energy has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Chesapeake Energy's valuation and earnings.
  • Percentage of Shares Shorted

    18.46% 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 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Chesapeake Energy has recently increased by 5.15%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Chesapeake Energy pays a meaningful dividend of 2.80%, 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 49.04% next year. This indicates that Chesapeake Energy will be able to sustain or increase its dividend.

  • Read more about Chesapeake Energy's dividend.
  • Percentage of Shares Shorted

    18.46% 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 10.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Chesapeake Energy has recently increased by 5.15%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Chesapeake Energy has a news sentiment score of 0.85. 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 is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Chesapeake Energy this week, compared to 9 articles on an average week.
  • Search Interest

    Only 13 people have searched for CHK on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.
  • MarketBeat Follows

    Only 11 people have added Chesapeake Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days.
  • 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.

  • Read more about Chesapeake Energy's insider trading history.
Receive CHK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Chesapeake Energy and its competitors with MarketBeat's FREE daily newsletter.

CHK Stock News Headlines

BANGKOK - March 26 : Toyota Mirai, Hydrogen engine Vehicle, on D — Stock Editorial Photography
Stanley Druckenmiller’s Latest Moves: What They Mean for You (CHK)
Stanley Druckenmiller has now shifted his views for the market, expecting higher inflation ahead to favor a short bonds trade, and Japan's preference over China
Delivery of parcels and cargo by FedEx Express. Hands delivering an order against a pink background.
Time to Buy? These 3 Stocks Are Trading at 52-Week Lows
As the market finds its way after a recent cut in interest rates coming from the Federal Reserve, investors might want to look at these 52-week low stock
The real reason Elon is fully endorsing Trump
Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
Bullish point, Bearish point. trend of graph vector design.
4 Stocks Set to Benefit from Recent Interest Rate Cuts (CHK)
Four stocks stand out for Wall Street and investors to watch in the coming quarters, especially now that the Fed has cut interest rates by the most in 16 years
Citi Remains a Buy on Chesapeake Energy (CHK)
See More Headlines

CHK Stock Analysis - Frequently Asked Questions

Chesapeake Energy's stock was trading at $76.94 at the beginning of 2024. Since then, CHK shares have increased by 5.9% and is now trading at $81.46.
View the best growth stocks for 2024 here
.

Chesapeake Energy Co. (NASDAQ:CHK) issued 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. The firm's revenue for the quarter was down 73.3% compared to the same quarter last year.

Chesapeake Energy's top institutional investors include Wedge Capital Management L L P NC (0.24%), Creative Planning (0.02%), NBC Securities Inc. (0.01%) and AAFMAA Wealth Management & Trust LLC (0.01%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Chesapeake Energy investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
7/29/2024
Ex-Dividend for 9/5 Dividend
8/15/2024
Dividend Payable
9/05/2024
Today
10/17/2024
Next Earnings (Estimated)
10/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NASDAQ:CHK
Fax
N/A
Employees
1,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$99.92
High Stock Price Target
$118.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+22.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
10.78%

Debt

Sales & Book Value

Annual Sales
$4.90 billion
Cash Flow
$17.26 per share
Book Value
$81.86 per share

Miscellaneous

Free Float
130,825,000
Market Cap
$10.68 billion
Optionable
Optionable
Beta
0.47
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

This page (NASDAQ:CHK) was last updated on 10/18/2024 by MarketBeat.com Staff
From Our Partners