Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio; the Anadarko Basin in northwestern Oklahoma; and the stacked pay in the Powder River Basin in Wyoming. The company owns interests in approximately 17,300 oil and natural gas wells. As of December 31, 2017, it had estimated proved reserves of 1.116 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CHK
CUSIP16516710
Phone405-848-8000
Debt
Debt-to-Equity Ratio-5.17
Current Ratio0.43
Quick Ratio0.43
Price-To-Earnings
Trailing P/E Ratio5.41
Forward P/E Ratio5.44
P/E Growth0.46
Sales & Book Value
Annual Sales$9.50 billion
Price / Sales0.42
Cash Flow$2.1940 per share
Price / Cash2.01
Book Value($2.25) per share
Price / Book-1.96
Profitability
EPS (Most Recent Fiscal Year)$0.82
Net Income$949 million
Net Margins6.16%
Return on Equity-46.15%
Return on Assets7.54%
Miscellaneous
Employees3,200
Outstanding Shares912,270,000
Market Cap$3.77 billion
Chesapeake Energy (NYSE:CHK) Frequently Asked Questions
What is Chesapeake Energy's stock symbol?
Chesapeake Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHK."
How were Chesapeake Energy's earnings last quarter?
Chesapeake Energy Co. (NYSE:CHK) issued its quarterly earnings results on Wednesday, August, 1st. The oil and gas exploration company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. The oil and gas exploration company earned $2.26 billion during the quarter, compared to analysts' expectations of $1.13 billion. Chesapeake Energy had a negative return on equity of 46.15% and a net margin of 6.16%. The business's quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.18 earnings per share. View Chesapeake Energy's Earnings History.
When is Chesapeake Energy's next earnings date?
What price target have analysts set for CHK?
14 analysts have issued 1-year price objectives for Chesapeake Energy's shares. Their forecasts range from $2.00 to $8.00. On average, they anticipate Chesapeake Energy's stock price to reach $4.4417 in the next year. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Chesapeake Energy.
What is the consensus analysts' recommendation for Chesapeake Energy?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 7 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chesapeake Energy.
Are investors shorting Chesapeake Energy?
Chesapeake Energy saw a decrease in short interest during the month of August. As of August 31st, there was short interest totalling 134,614,506 shares, a decrease of 4.0% from the August 15th total of 140,275,900 shares. Based on an average daily trading volume, of 19,537,923 shares, the days-to-cover ratio is currently 6.9 days. Currently, 15.0% of the company's stock are sold short. View Chesapeake Energy's Current Options Chain.
Who are some of Chesapeake Energy's key competitors?
Some companies that are related to Chesapeake Energy include GALP ENERGIA SG/ADR (GLPEY), Noble Energy (NBL), TORAY INDUSTRIE/ADR (TRYIY), Diamondback Energy (FANG), EQT (EQT), Encana (ECA), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), Energen (EGN), WPX Energy (WPX), RSP Permian (RSPP), Antero Resources (AR) and Centennial Resource Development (CDEV).
Who are Chesapeake Energy's key executives?
Chesapeake Energy's management team includes the folowing people:
- Mr. Robert Douglas Lawler, Pres, CEO & Non Independent Director (Age 51)
- Mr. Domenic J. Dell'Osso Jr., Exec. VP & CFO (Age 41)
- Mr. Mikell Jason Pigott, Exec. VP of Operations & Technical Services (Age 44)
- Mr. James R. Webb, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50)
- Mr. Frank J. Patterson, Exec. VP of Exploration & Production (Age 59)
Has Chesapeake Energy been receiving favorable news coverage?
News coverage about CHK stock has been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Chesapeake Energy earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the oil and gas exploration company an impact score of 46.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Chesapeake Energy.
Who are Chesapeake Energy's major shareholders?
Chesapeake Energy's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Schwab Charles Investment Management Inc. (1.09%), Bank of New York Mellon Corp (1.07%), Bank of New York Mellon Corp (1.07%), Dimensional Fund Advisors LP (0.98%), Northern Trust Corp (0.77%) and Huber Capital Management LLC (0.55%). Company insiders that own Chesapeake Energy stock include Archie W Dunham, R Brad Martin and Thomas L Ryan. View Institutional Ownership Trends for Chesapeake Energy.
Which major investors are selling Chesapeake Energy stock?
CHK stock was sold by a variety of institutional investors in the last quarter, including Akanthos Capital Management LLC, Creative Planning, California Public Employees Retirement System, OppenheimerFunds Inc., Saba Capital Management L.P., Northern Trust Corp, Aperio Group LLC and Pennsylvania Trust Co. View Insider Buying and Selling for Chesapeake Energy.
Which major investors are buying Chesapeake Energy stock?
CHK stock was acquired by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Huber Capital Management LLC, Dimensional Fund Advisors LP, First Trust Advisors LP, SCP Investment LP, Stuyvesant Capital Management, Deane Retirement Strategies Inc. and James Investment Research Inc.. Company insiders that have bought Chesapeake Energy stock in the last two years include Archie W Dunham, R Brad Martin and Thomas L Ryan. View Insider Buying and Selling for Chesapeake Energy.
How do I buy shares of Chesapeake Energy?
Shares of CHK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chesapeake Energy's stock price today?
One share of CHK stock can currently be purchased for approximately $4.41.
How big of a company is Chesapeake Energy?
Chesapeake Energy has a market capitalization of $3.77 billion and generates $9.50 billion in revenue each year. The oil and gas exploration company earns $949 million in net income (profit) each year or $0.82 on an earnings per share basis. Chesapeake Energy employs 3,200 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 oil and gas exploration company can be reached via phone at 405-848-8000 or via email at [email protected]
MarketBeat Community Rating for Chesapeake Energy (NYSE CHK)
MarketBeat's community ratings are surveys of what our community members think about Chesapeake Energy and other stocks. Vote "Outperform" if you believe CHK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHK will underperform the S&P 500 over the long term. You may vote once every thirty days.
