Chesapeake Energy Stock Price, News & Analysis (NASDAQ:CHK)

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CHK shares.
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10 brokerages have issued 1 year price objectives for Chesapeake Energy's stock. Their CHK share price targets range from $88.00 to $147.00. On average, they expect the company's stock price to reach $109.73 in the next year. This suggests a possible upside of 48.4% from the stock's current price.
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Chesapeake Energy's stock was trading at $94.37 on January 1st, 2023. Since then, CHK stock has decreased by 21.6% and is now trading at $73.95.
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Chesapeake Energy saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 13,450,000 shares, a decline of 5.4% from the October 31st total of 14,220,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is presently 9.0 days. Approximately 12.3% of the company's shares are short sold.
View Chesapeake Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 20th 2024.
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Chesapeake Energy Co. (NASDAQ:CHK) released its quarterly earnings results on Tuesday, October, 31st. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.52. The firm earned $1.51 billion during the quarter, compared to analysts' expectations of $1.47 billion. Chesapeake Energy had a net margin of 49.82% and a trailing twelve-month return on equity of 11.33%. Chesapeake Energy's revenue for the quarter was down 52.2% on a year-over-year basis. During the same period in the prior year, the firm earned $5.06 earnings per share.

Chesapeake Energy announced a quarterly dividend on Tuesday, October 31st. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.575 per share on Wednesday, December 6th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date is Wednesday, November 15th.
Read our dividend analysis for CHK.

Chesapeake Energy (NASDAQ:CHK) pays an annual dividend of $2.30 per share and currently has a dividend yield of 2.85%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHK will have a dividend payout ratio of 43.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHK.

ETFs with the largest weight of Chesapeake Energy (NASDAQ:CHK) stock in their portfolio include Invesco Energy Exploration & Production ETF (PXE), First Trust Energy AlphaDEX Fund (FXN), Horizon Kinetics Energy and Remediation ETF (NVIR), First Trust Natural Gas ETF (FCG), Clough Long/Short Equity ETF (CBLS), Clough Select Equity ETF (CBSE), Global SuperDividend US ETF (DIV) and Amplify Natural Resources Dividend Income ETF (NDIV).

Chesapeake Energy announced that its board has approved a stock buyback plan on Wednesday, June 22nd 2022, which allows the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 20.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Chesapeake Energy's stock is owned by a variety of institutional and retail investors. Top institutional investors include Oaktree Capital Management LP (5.34%), Wellington Management Group LLP (3.96%), Massachusetts Financial Services Co. MA (3.13%), Bank of New York Mellon Corp (2.44%), Kimmeridge Energy Management Company LLC (2.38%) and Clearbridge Investments LLC (2.19%). Insiders that own company stock include Domenic J Dell'osso Jr, Holdings LP Blackstone III, Joshua J Viets and Michael Wichterich.
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Shares of CHK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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