NASDAQ:CHK

Chesapeake Energy (CHK) Stock Price, News & Analysis

$90.37
-0.32 (-0.35%)
(As of 10:47 AM ET)
Today's Range
$89.89
$90.96
50-Day Range
$77.65
$90.69
52-Week Range
$72.84
$91.03
Volume
199,729 shs
Average Volume
2.02 million shs
Market Capitalization
$11.82 billion
P/E Ratio
5.37
Dividend Yield
2.55%
Price Target
$104.73

Chesapeake Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.9% Upside
$104.73 Price Target
Short Interest
Bearish
14.61% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.05mentions of Chesapeake Energy in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
230.11%
From $1.76 to $5.81 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.76 out of 5 stars

Oils/Energy Sector

74th out of 234 stocks

Crude Petroleum & Natural Gas Industry

30th out of 73 stocks

CHK stock logo

About Chesapeake Energy Stock (NASDAQ:CHK)

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.

CHK Stock Price History

CHK Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
EQT Corp., Equinor in acreage swap
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Chesapeake Energy Corp.
KeyBanc Sticks to Its Hold Rating for Chesapeake Energy (CHK)
CHK Factor-Based Stock Analysis
Expert Ratings For Matador Resources
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/26 Dividend
3/06/2024
Dividend Payable
3/26/2024
Today
4/25/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:CHK
Fax
N/A
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$104.73
High Stock Price Target
$147.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+15.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
35.74%

Debt

Sales & Book Value

Annual Sales
$8.72 billion
Cash Flow
$17.41 per share
Book Value
$81.86 per share

Miscellaneous

Free Float
130,703,000
Market Cap
$11.86 billion
Optionable
Optionable
Beta
0.52
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Key Executives

  • Mr. Domenic J. Dell'Osso Jr. (Age 47)
    President, CEO & Director
    Comp: $1.79M
  • Mr. Mohit Singh (Age 46)
    Executive VP & CFO
    Comp: $1.33M
  • Mr. Joshua J. VietsMr. Joshua J. Viets (Age 46)
    Executive VP & COO
    Comp: $1.63M
  • Mr. Benjamin E. Russ (Age 49)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $742.02k
  • Gregory M. Larson
    VP of Accounting & Controller
  • John Christ
    VP & Chief Information Officer
  • Chris Ayres
    VP of Investor Relations & Treasurer
  • Jason Kurtz
    Vice President of Marketing
  • Toni Parks-Payne
    Vice President of Human Resources & Employee Services
  • Usha Turner
    Vice President & Chief Sustainability Officer

CHK Stock Analysis - Frequently Asked Questions

Should I buy or sell Chesapeake Energy stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last twelve months. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CHK shares.
View CHK analyst ratings
or view top-rated stocks.

What is Chesapeake Energy's stock price target for 2024?

12 analysts have issued 1-year price objectives for Chesapeake Energy's shares. Their CHK share price targets range from $88.00 to $147.00. On average, they expect the company's share price to reach $104.73 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
View analysts price targets for CHK
or view top-rated stocks among Wall Street analysts.

How have CHK shares performed in 2024?

Chesapeake Energy's stock was trading at $76.94 at the beginning of the year. Since then, CHK shares have increased by 17.5% and is now trading at $90.37.
View the best growth stocks for 2024 here
.

When is Chesapeake Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CHK earnings forecast
.

How can I listen to Chesapeake Energy's earnings call?

Chesapeake Energy will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Chesapeake Energy's earnings last quarter?

Chesapeake Energy Co. (NASDAQ:CHK) issued its earnings results on Tuesday, February, 20th. The company reported $1.31 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.89. The company had revenue of $1.95 billion for the quarter, compared to the consensus estimate of $962.95 million. Chesapeake Energy had a trailing twelve-month return on equity of 6.74% and a net margin of 27.74%. During the same quarter last year, the company posted $4.22 EPS.

How often does Chesapeake Energy pay dividends? What is the dividend yield for Chesapeake Energy?

Chesapeake Energy declared a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, March 7th will be given a dividend of $0.575 per share on Tuesday, March 26th. This represents a $2.30 annualized dividend and a yield of 2.55%. The ex-dividend date is Wednesday, March 6th.
Read our dividend analysis for CHK
.

Is Chesapeake Energy a good dividend stock?

Chesapeake Energy (NASDAQ:CHK) pays an annual dividend of $2.30 per share and currently has a dividend yield of 2.60%. 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 13.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHK will have a dividend payout ratio of 39.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHK.

How will Chesapeake Energy's stock buyback program work?

Chesapeake Energy declared that its board has authorized a share buyback 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 shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

Who are Chesapeake Energy's major shareholders?

Chesapeake Energy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.17%), Hodges Capital Management Inc. (0.11%), Amalgamated Bank (0.06%), Adams Natural Resources Fund Inc. (0.03%), State of Michigan Retirement System (0.02%) and Louisiana State Employees Retirement System (0.02%). Insiders that own company stock include Domenic J Dell'osso Jr, Holdings LP Blackstone III, Joshua J Viets and Michael Wichterich.
View institutional ownership trends
.

How do I buy shares of Chesapeake Energy?

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.

This page (NASDAQ:CHK) was last updated on 4/25/2024 by MarketBeat.com Staff

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