Chesapeake Energy (CHK) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CHK shares.
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11 analysts have issued twelve-month price targets for Chesapeake Energy's shares. Their CHK share price forecasts range from $89.00 to $150.00. On average, they anticipate the company's share price to reach $113.00 in the next twelve months. This suggests a possible upside of 31.0% from the stock's current price.
View analysts price targets for CHK or view top-rated stocks among Wall Street analysts.

Chesapeake Energy's stock was trading at $94.37 at the start of the year. Since then, CHK shares have decreased by 8.6% and is now trading at $86.23.
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Chesapeake Energy saw a decline in short interest in September. As of September 15th, there was short interest totaling 13,730,000 shares, a decline of 5.2% from the August 31st total of 14,480,000 shares. Based on an average trading volume of 1,780,000 shares, the days-to-cover ratio is presently 7.7 days. Currently, 12.5% of the shares of the company are sold short.
View Chesapeake Energy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our CHK earnings forecast.

Chesapeake Energy Co. (NASDAQ:CHK) posted its earnings results on Tuesday, August, 1st. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.10. The business earned $1.89 billion during the quarter, compared to the consensus estimate of $917.52 million. Chesapeake Energy had a net margin of 49.75% and a trailing twelve-month return on equity of 18.92%. During the same quarter last year, the company posted $4.87 earnings per share.

Chesapeake Energy announced a quarterly dividend on Tuesday, August 1st. Stockholders of record on Thursday, August 17th will be given a dividend of $0.575 per share on Wednesday, September 6th. This represents a $2.30 annualized dividend and a dividend yield of 2.67%. The ex-dividend date of this dividend is Wednesday, August 16th.
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 (NASDAQ:CHK) pays an annual dividend of $2.30 per share and currently has a dividend yield of 2.67%. 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 5.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHK will have a dividend payout ratio of 37.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHK.

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

Chesapeake Energy trades on the NASDAQ under the ticker symbol "CHK."

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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One share of CHK stock can currently be purchased for approximately $86.23.

Chesapeake Energy (NASDAQ:CHK) has a market capitalization of $11.41 billion and generates $11.74 billion in revenue each year. The company earns $4.94 billion in net income (profit) each year or $42.45 on an earnings per share basis.

The company employs 1,200 workers across the globe.

Chesapeake Energy's mailing address is 6100 N WESTERN AVE, OKLAHOMA CITY OK, 73118. The official website for the company is www.chk.com. The company can be reached via phone at 405-848-8000 or via email at ir@chk.com.