NASDAQ:CHK Chesapeake Energy (CHK) Stock Forecast, Price & News $81.38 +0.14 (+0.17%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$79.82▼$81.4650-Day Range$75.25▼$82.6852-Week Range$69.68▼$107.31Volume944,964 shsAverage Volume1.34 million shsMarket Capitalization$10.89 billionP/E Ratio1.70Dividend Yield2.70%Price Target$110.54 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Chesapeake Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside35.8% Upside$110.54 Price TargetShort InterestHealthy7.26% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.47Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth48.21%From $5.02 to $7.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.37 out of 5 starsOils/Energy Sector2nd out of 247 stocksCrude Petroleum & Natural Gas Industry1st out of 79 stocks 4.3 Analyst's Opinion Consensus RatingChesapeake Energy has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $110.54, Chesapeake Energy has a forecasted upside of 35.8% from its current price of $81.38.Amount of Analyst CoverageChesapeake Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.26% of the float of Chesapeake Energy has been sold short.Short Interest Ratio / Days to CoverChesapeake Energy has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Chesapeake Energy has recently decreased by 5.02%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldChesapeake Energy pays a meaningful dividend of 2.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthChesapeake Energy has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Chesapeake Energy is 4.58%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Chesapeake Energy will have a dividend payout ratio of 29.57% next year. This indicates that Chesapeake Energy will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CHK. Previous Next 3.0 News and Social Media Coverage News SentimentChesapeake Energy has a news sentiment score of 1.47. 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 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Chesapeake Energy this week, compared to 7 articles on an average week.Search InterestOnly 17 people have searched for CHK on MarketBeat in the last 30 days. This is a decrease of -72% compared to the previous 30 days.MarketBeat Follows9 people have added Chesapeake Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chesapeake Energy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.07% of the stock of Chesapeake Energy is held by insiders. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Chesapeake Energy are expected to grow by 48.21% in the coming year, from $5.02 to $7.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chesapeake Energy is 1.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Chesapeake Energy is 1.70, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 53.58.Price to Earnings Growth RatioChesapeake Energy has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioChesapeake Energy has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chesapeake Energy (NASDAQ:CHK) StockChesapeake Energy Corporation, an independent exploration and production company, engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States. 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; and the liquids-rich resource play in the Eagle Ford Shale in South Texas. As of December 31, 2021, it owned interests in approximately 8,200 gross productive wells, including 6,500 wells with working interest and 1,700 wells with an overriding or royalty interest; and had estimated proved reserves of 661 million barrels of oil equivalent. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.Read More 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. Email Address CHK Stock News HeadlinesJune 8, 2023 | finance.yahoo.comAn Intrinsic Calculation For Chesapeake Energy Corporation (NASDAQ:CHK) Suggests It's 39% UndervaluedJune 3, 2023 | americanbankingnews.comBrokerages Set Chesapeake Energy Co. (NASDAQ:CHK) PT at $110.54June 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...May 31, 2023 | americanbankingnews.comShort Interest in Chesapeake Energy Co. (NASDAQ:CHK) Declines By 5.0%May 31, 2023 | americanbankingnews.comChesapeake Energy Co. (NASDAQ:CHK) Short Interest UpdateMay 29, 2023 | finance.yahoo.comNatural Gas Prices Tick Down 16% as Demand Worries LingerMay 28, 2023 | americanbankingnews.comContrasting Chesapeake Energy (NASDAQ:CHK) and Mexco Energy (NYSE:MXC)May 27, 2023 | thestreet.comWhy Chesapeake Energy (CHK) Is Up TodayJune 9, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 26, 2023 | finance.yahoo.comZacks Investment Ideas feature highlights: Natural Gas Fund ETF, ProShares Ultrashort Bloomberg Natural Gas, Chesapeake Energy and Vital EnergyMay 25, 2023 | msn.comUnusual Call Option Trade in Chesapeake Energy - (CHK) Worth $2,037.50KMay 24, 2023 | seekingalpha.comShale Drilling Is Plunging, But Chesapeake Stock Still Seems Like A Good BetMay 24, 2023 | seekingalpha.comShale Drilling Is Plunging, But Chesapeake Stock Still Seems Like A Good BetMay 24, 2023 | seekingalpha.comChesapeake Energy: Natural Gas Is No Longer Needed, So It SeemsMay 23, 2023 | msn.comGas E&P valuations seen up: Southwestern, Chesapeake, Range, EQTMay 23, 2023 | finance.yahoo.comGas Stocks Set to Trounce Oil Shares, Says Bank of AmericaMay 23, 2023 | americanbankingnews.comChesapeake Energy Co. (NASDAQ:CHK) Forecasted to Post Q2 2023 Earnings of $0.91 Per ShareMay 22, 2023 | americanbankingnews.comStockNews.com Lowers Chesapeake Energy (NYSE:CHK) to SellMay 18, 2023 | americanbankingnews.comStock Traders Buy High Volume of Chesapeake Energy Call Options (NASDAQ:CHK)May 17, 2023 | americanbankingnews.comChesapeake Energy Co. (NASDAQ:CHK) Sees Significant Growth in Short InterestMay 15, 2023 | americanbankingnews.comChesapeake Energy (NYSE:CHK) Raised to "Hold" at StockNews.comMay 13, 2023 | finance.yahoo.comChesapeake Energy Corporation (NASDAQ:CHK) Passed Our Checks, And It's About To Pay A US$1.18 DividendMay 13, 2023 | markets.businessinsider.comDBS Remains a Buy on Chesapeake Energy (CHK)May 11, 2023 | msn.comWells Fargo Maintains Chesapeake Energy - (CHK) Equal-Weight RecommendationMay 11, 2023 | finance.yahoo.comTop Growth Stocks for May 2023May 10, 2023 | msn.comChesapeake Energy Looks Significantly UndervaluedMay 10, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Chesapeake Energy Co. (NASDAQ:CHK) Cut by AnalystSee More Headlines CHK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHK Company Calendar Ex-Dividend for 3/23 Dividend3/06/2023Dividend Payable3/23/2023Last Earnings5/02/2023Ex-Dividend for 6/6 Dividend5/17/2023Dividend Payable6/06/2023Today6/08/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:CHK CUSIPN/A CIK895126 Webwww.chk.com Phone405-848-8000FaxN/AEmployees1,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$110.54 High Stock Price Forecast$150.00 Low Stock Price Forecast$82.00 Forecasted Upside/Downside+35.8%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$47.99 Trailing P/E Ratio1.70 Forward P/E Ratio16.21 P/E Growth0.66Net Income$4.94 billion Net Margins50.00% Pretax Margin44.11% Return on Equity29.75% Return on Assets16.17% Debt Debt-to-Equity Ratio0.20 Current Ratio1.39 Quick Ratio1.39 Sales & Book Value Annual Sales$11.74 billion Price / Sales0.93 Cash Flow$32.81 per share Price / Cash Flow2.48 Book Value$68.10 per share Price / Book1.20Miscellaneous Outstanding Shares133,870,000Free Float133,775,000Market Cap$10.89 billion OptionableOptionable Beta0.65 Key ExecutivesMr. Domenic J. Dell'Osso Jr. (Age 46)Pres, CEO & Director Comp: $1.99MMr. Mohit SinghExec. VP & CFOMr. Benjamin E. Russ (Age 48)Exec. VP, Gen. Counsel & Corp. Sec. Comp: $852.37kMr. Josh J. Viets (Age 45)Exec. VP & COO Gregory M. LarsonVP of Accounting & ControllerJohn ChristVP & Chief Information OfficerMr. Bradley D. Sylvester CFA (Age 56)VP of Investor Relations & Communications Jason KurtzVP of MarketingToni Parks-PayneVP of HR & Employee ServicesUsha TurnerVP of Chief Sustainability OfficerMore ExecutivesKey CompetitorsAPANASDAQ:APAOvintivNYSE:OVVSasolNYSE:SSLEQTNYSE:EQTMarathon OilNYSE:MROView All CompetitorsInsiders & InstitutionsAurora Investment CounselBought 11,730 shares on 6/6/2023Ownership: 0.009%Aurora Investment CounselBought 892 shares on 6/5/2023Ownership: 0.001%Macquarie Group Ltd.Sold 21,499 shares on 6/1/2023Ownership: 0.451%Capital Impact Advisors LLCBought 743 shares on 5/23/2023Ownership: 0.005%Toroso Investments LLCBought 250 shares on 5/23/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions CHK Stock - Frequently Asked Questions Should I buy or sell Chesapeake Energy stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHK shares. View CHK analyst ratings or view top-rated stocks. What is Chesapeake Energy's stock price forecast for 2023? 13 Wall Street analysts have issued 1-year price targets for Chesapeake Energy's shares. Their CHK share price forecasts range from $82.00 to $150.00. On average, they expect the company's share price to reach $110.54 in the next twelve months. This suggests a possible upside of 35.8% 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 2023? Chesapeake Energy's stock was trading at $94.37 at the start of the year. Since then, CHK stock has decreased by 13.8% and is now trading at $81.38. View the best growth stocks for 2023 here. Are investors shorting Chesapeake Energy? Chesapeake Energy saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 8,140,000 shares, a drop of 5.0% from the April 30th total of 8,570,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the days-to-cover ratio is presently 5.3 days. Currently, 7.3% of the shares of the company are sold short. View Chesapeake Energy's Short Interest. When is Chesapeake Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our CHK earnings forecast. How were Chesapeake Energy's earnings last quarter? Chesapeake Energy Co. (NASDAQ:CHK) released its quarterly earnings results on Tuesday, May, 2nd. The company reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.55 by $0.32. The company earned $3.37 billion during the quarter, compared to the consensus estimate of $1.25 billion. Chesapeake Energy had a trailing twelve-month return on equity of 29.75% and a net margin of 50.00%. During the same quarter in the previous year, the company earned $3.09 earnings per share. How often does Chesapeake Energy pay dividends? What is the dividend yield for Chesapeake Energy? Chesapeake Energy announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Thursday, May 18th will be paid a dividend of $1.18 per share on Tuesday, June 6th. This represents a $4.72 annualized dividend and a dividend yield of 5.80%. The ex-dividend date of this dividend is Wednesday, May 17th. This is a positive change from the stock's previous quarterly dividend of $0.44. Read our dividend analysis for CHK. What ETFs hold Chesapeake Energy's stock? ETFs with the largest weight of Chesapeake Energy (NASDAQ:CHK) stock in their portfolio include Amplify Natural Resources Dividend Income ETF (NDIV), First Trust Energy AlphaDEX Fund (FXN), Horizon Kinetics Energy and Remediation ETF (NVIR), First Trust Natural Gas ETF (FCG), Changebridge Long/Short Equity ETF (CBLS), Changebridge Select Equity ETF (CBSE), Global SuperDividend US ETF (DIV) and ClearBridge Dividend Strategy ESG ETF (YLDE). Is Chesapeake Energy a good dividend stock? Chesapeake Energy (NASDAQ:CHK) pays an annual dividend of $2.20 per share and currently has a dividend yield of 2.78%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHK will have a dividend payout ratio of 29.57% 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 announced that its board has initiated a share repurchase program on Wednesday, June 22nd 2022, which permits the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 20.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's leadership believes its stock is undervalued. What is Chesapeake Energy's stock symbol? Chesapeake Energy trades on the NASDAQ under the ticker symbol "CHK." Who are Chesapeake Energy's major shareholders? Chesapeake Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.03%), Wellington Management Group LLP (3.69%), Prudential Financial Inc. (2.18%), Kimmeridge Energy Management Company LLC (2.03%), Clearbridge Investments LLC (1.99%) and FMR LLC (1.88%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Chesapeake Energy's stock price today? One share of CHK stock can currently be purchased for approximately $81.38. How much money does Chesapeake Energy make? Chesapeake Energy (NASDAQ:CHK) has a market capitalization of $10.89 billion and generates $11.74 billion in revenue each year. The company earns $4.94 billion in net income (profit) each year or $47.99 on an earnings per share basis. How many employees does Chesapeake Energy have? The company employs 1,200 workers across the globe. How can I contact Chesapeake Energy? 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. This page (NASDAQ:CHK) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chesapeake Energy Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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