Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Exploration and production is engaged in finding and producing oil, natural gas and NGL. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL. As of December 31, 2016, it owned interests in approximately 22,700 oil and natural gas wells. It has a diverse resource base of onshore the United States unconventional natural gas and liquids assets. It has positions in resource plays of 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. Its natural gas resource plays are the Haynesville/Bossier Shales in northwestern Louisiana and East Texas and the Marcellus Shale in the northern Appalachian Basin in Pennsylvania.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Independent Oil & Gas
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:CHK
- CUSIP: 16516710
- Web: www.chk.com
- Market Cap: $4.71 billion
- Outstanding Shares: 890,875,000
- 50 Day Moving Avg: $5.61
- 200 Day Moving Avg: $6.14
- 52 Week Range: $3.93 - $8.20
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 4.64
- P/E Growth: 1.20
- Annual Revenue: $8.59 billion
- Price / Sales: 0.55
- Book Value: ($3.51) per share
- Price / Book: -1.51
- EBIDTA: $502 million
- Net Margins: -70.72%
- Return on Assets: -1.19%
- Debt-to-Equity Ratio: -2.27%
- Current Ratio: 0.30%
- Quick Ratio: 0.30%
- Average Volume: 39.88 million shs.
- Beta: 2.14
- Short Ratio: 3.19
Frequently Asked Questions for Chesapeake Energy (NYSE:CHK)
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) announced its earnings results on Thursday, May, 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.04. The company had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.10 billion. During the same period in the previous year, the firm earned ($0.10) EPS. View Chesapeake Energy's Earnings History.
When will Chesapeake Energy make its next earnings announcement?
Where is Chesapeake Energy's stock going? Where will Chesapeake Energy's stock price be in 2017?
30 analysts have issued 12 month target prices for Chesapeake Energy's stock. Their predictions range from $4.00 to $11.00. On average, they expect Chesapeake Energy's stock price to reach $7.22 in the next year. View Analyst Ratings for Chesapeake Energy.
What are analysts saying about Chesapeake Energy stock?
Here are some recent quotes from research analysts about Chesapeake Energy stock:
- 1. Jefferies Group LLC analysts commented, "Chesapeake has made great strides to improve its balance sheet/leverage through asset sales, debt exchanges, and other transactions. However, leverage remains higher than peers and a heavy fixed cost burden weighs on cash flow. Additionally, we find CHK's asset portfolio light for a company of its size and assume coverage at Hold, as CHK shares trade near our $6 NAV." (3/22/2017)
- 2. According to Zacks Investment Research, "Natural gas prices have improved significantly from the level it was trading during early 2016. As one of the most gas weighted company, improvement in the price of the commodity should favour Chesapeake Energy. We appreciate the company’s focus on maintaining a disciplined cost structure. Moreover, the company foresees efficiency gains in its core operating areas. These positives are reflected in its price history. Year-to-date, Chesapeake has comfortably outperformed the Zacks Oil and Gas – U.S Exploration and Production market. However, we believe billions in asset sales are required to fund its program. Also, an anticipated decline in rig activity is likely to hamper production for the firm." (12/27/2016)
Are investors shorting Chesapeake Energy?
Chesapeake Energy saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 162,037,917 shares, an increase of 14.9% from the April 28th total of 140,972,672 shares. Based on an average daily trading volume, of 44,873,218 shares, the days-to-cover ratio is presently 3.6 days. Currently, 18.1% of the company's stock are short sold.
Who are some of Chesapeake Energy's key competitors?
Some companies that are related to Chesapeake Energy include Parsley Energy (PE), Newfield Exploration (NFX), EnLink Midstream Partners LP (ENLK), Range Resources Corp. (RRC), Energen (EGN), Crescent Point Energy (CPG), National Fuel Gas (NFG), WPX Energy (WPX), Murphy Oil (MUR), Rice Energy (RICE), CONSOL Energy (CNX), PDC Energy (PDCE), Southwestern Energy Company (SWN), Black Stone Minerals LP (BSM), Laredo Petroleum (LPI), Gulfport Energy (GPOR), Kosmos Energy Ltd (KOS) and Rice Midstream Partners LP (RMP).
Who are Chesapeake Energy's key executives?
Chesapeake Energy's management team includes the folowing people:
- R. Brad Martin, Chairman of the Board
- Robert Douglas Lawler, President, Chief Executive Officer, Director
- Domenic J. Dell'Osso Jr., Chief Financial Officer, Executive Vice President
- James R. Webb, Executive Vice President, General Counsel, Corporate Secretary
- M. Christopher Doyle, Executive Vice President - Operations, Northern Division
- Frank J. Patterson, Executive Vice President - Exploration and Production
- Mikell J. Pigott, Executive Vice President - Operations and Technical Services
- Archie W. Dunham, Chairman Emeritus
- Gloria R. Boyland, Independent Director
- Luke R. Corbett, Independent Director
Who owns Chesapeake Energy stock?
Chesapeake Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.06%), Harris Associates L P (7.23%), State Street Corp (4.91%), Barrow Hanley Mewhinney & Strauss LLC (1.50%), Mackenzie Financial Corp (1.00%) and Geode Capital Management LLC (0.86%). Company insiders that own Chesapeake Energy stock include Archie W Dunham, R Brad Martin, Robert D Lawler and Thomas L Ryan. View Institutional Ownership Trends for Chesapeake Energy.
Who sold Chesapeake Energy stock? Who is selling Chesapeake Energy stock?
Chesapeake Energy's stock was sold by a variety of institutional investors in the last quarter, including TD Asset Management Inc., Point72 Asset Management L.P., Parametric Portfolio Associates LLC, First Trust Advisors LP, Geode Capital Management LLC, California Public Employees Retirement System, Legal & General Group Plc and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Chesapeake Energy.
Who bought Chesapeake Energy stock? Who is buying Chesapeake Energy stock?
Chesapeake Energy's stock was bought by a variety of institutional investors in the last quarter, including Harris Associates L P, Vanguard Group Inc., State Street Corp, Schneider Capital Management Corp, KBC Group NV, Stelliam Investment Management LP, Dimensional Fund Advisors LP and Westwood Holdings Group Inc.. Company insiders that have bought Chesapeake Energy stock in the last two years include Archie W Dunham, R Brad Martin, Robert D Lawler and Thomas L Ryan. View Insider Buying and Selling for Chesapeake Energy.
How do I buy Chesapeake Energy stock?
Shares of Chesapeake Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Chesapeake Energy's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Chesapeake Energy stock can currently be purchased for approximately $5.29.
Earnings History for Chesapeake Energy (NYSE:CHK)Earnings History by Quarter for Chesapeake Energy (NYSE:CHK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017|| || || || || || || || |
|5/4/2017||Q1 2017||$0.19||$0.23||$1.10 billion||$1.47 billion||View||Listen|
|2/23/2017||Q416||$0.07||$0.07||$2.09 billion||$2.02 billion||View||Listen|
|11/3/2016||Q316||($0.03)||$0.09||$2.18 billion||$2.28 billion||View||Listen|
|8/4/2016||Q216||($0.11)||($0.14)||$1.91 billion||$1.62 billion||View||Listen|
|5/5/2016||Q116||($0.10)||($0.10)||$2.55 billion||$1.95 billion||View||Listen|
|2/24/2016||Q415||($0.17)||($0.16)||$2.63 billion||$2.65 billion||View||Listen|
|11/4/2015||Q315||($0.13)||($0.05)||$3.00 billion||$2.89 billion||View||Listen|
|8/5/2015||Q215||($0.11)||($0.11)||$2.76 billion||$3.03 billion||View||Listen|
|5/6/2015||Q115||$0.02||$0.11||$3.68 billion||$2.76 billion||View||Listen|
|2/25/2015||Q414||$0.25||$0.11||$4.83 billion||$5.05 billion||View||Listen|
|11/5/2014||Q314||$0.32||$0.38||$4.84 billion||$5.70 billion||View||Listen|
|8/6/2014||Q214||$0.44||$0.36||$4.67 billion||$5.15 billion||View||Listen|
|5/7/2014||Q114||$0.48||$0.59||$4.52 billion||$5.05 billion||View||Listen|
|2/26/2014||Q413||$0.41||$0.27||$4.86 billion||$4.54 billion||View||Listen|
|11/6/2013||Q313||$0.43||$0.43||$3.49 billion||$4.87 billion||View||Listen|
|8/1/2013||Q2 2013||$0.26||$0.51||$1.60 billion||$4.68 billion||View||Listen|
|5/1/2013||Q1 2013||$0.25||$0.30||$2.85 billion||$3.42 billion||View||Listen|
|2/21/2013||Q4 2012||$0.15||$0.26||$2.82 billion||$3.54 billion||View||Listen|
|11/1/2012||Q312||$0.09||$0.10||$2.43 billion||$2.97 billion||View||N/A|
Earnings Estimates for Chesapeake Energy (NYSE:CHK)
2017 EPS Consensus Estimate: $0.66
2018 EPS Consensus Estimate: $1.36
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Chesapeake Energy (NYSE:CHK)
|Most Recent Dividend:||4/30/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Chesapeake Energy (NYSE:CHK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Chesapeake Energy (NYSE:CHK)
Insider Ownership Percentage: 1.10%Insider Trades by Quarter for Chesapeake Energy (NYSE:CHK)
Institutional Ownership Percentage: 66.74%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/8/2017||Archie W Dunham||Director||Buy||500,000||$5.24||$2,620,000.00|| |
|9/20/2016||Archie W Dunham||Director||Buy||1,000,000||$6.67||$6,670,000.00|| |
|8/22/2016||Archie W Dunham||Director||Buy||350,000||$6.07||$2,124,500.00|| |
|8/17/2016||Thomas L Ryan||Director||Buy||50,000||$5.59||$279,500.00|| |
|11/19/2015||Thomas L Ryan||Director||Buy||10,000||$5.47||$54,700.00|| |
|11/17/2015||Robert D Lawler||CEO||Buy||50,000||$5.88||$294,000.00|| |
|8/14/2015||Thomas L Ryan||Director||Buy||12,000||$7.37||$88,440.00|| |
|6/25/2015||R Brad Martin||Director||Buy||10,000||$11.20||$112,000.00|| |
|3/27/2015||Archie W Dunham||Director||Buy||1,000,000||$13.98||$13,980,000.00|| |
|3/11/2015||M. Jason Pigott||EVP||Buy||3,500||$14.13||$49,455.00|| |
|12/10/2014||John M Kapchinske||SVP||Buy||10,000||$17.97||$179,700.00|| |
|12/10/2014||R Brad Martin||Director||Buy||15,000||$17.97||$269,550.00|| |
|11/7/2014||Archie W Dunham||Director||Buy||500,000||$23.32||$11,660,000.00|| |
|6/11/2014||Thomas L Ryan||Director||Buy||7,000||$29.38||$205,660.00|| |
|5/19/2014||Thomas Ryan||Director||Buy||4,000||$27.98||$111,920.00|| |
|5/12/2014||Douglas Jacobson||EVP||Sell||12,500||$30.00||$375,000.00|| |
|5/12/2014||Michael Johnson||SVP||Sell||20,000||$30.01||$600,200.00|| |
|3/19/2014||Archie Dunham||Director||Buy||54,250||$24.97||$1,354,622.50|| |
|2/28/2014||Thomas Ryan||Director||Buy||10,000||$25.87||$258,700.00|| |
|12/13/2013||Thomas Ryan||Director||Buy||6,000||$26.73||$160,380.00|| |
|11/8/2013||Archie Dunham||Director||Buy||200,000||$25.86||$5,172,000.00|| |
|10/18/2013||Douglas J Jacobson||EVP||Sell||12,500||$28.34||$354,250.00|| |
|8/28/2013||Martha Burger||SVP||Sell||48,100||$26.03||$1,252,043.00|| |
|8/23/2013||Douglas Jacobson||EVP||Sell||12,500||$26.00||$325,000.00|| |
|8/13/2013||Steven Dixon||COO||Sell||20,000||$25.10||$502,000.00|| |
|8/6/2013||Thomas Ryan||Director||Buy||8,000||$25.31||$202,480.00|| |
|8/5/2013||Jennifer Grigsby||SVP||Sell||29,713||$25.09||$745,499.17|| |
|8/1/2013||Douglas J Jacobson||EVP||Sell||12,500||$24.14||$301,750.00|| |
|8/1/2013||Michael A Johnson||SVP||Sell||10,000||$25.00||$250,000.00|| |
|6/21/2013||Frederic M Poses||Director||Buy||152,632||$19.87||$3,032,797.84|| |
|6/11/2013||Thomas L Ryan||Director||Buy||5,000||$21.51||$107,550.00|| |
|5/21/2013||Louis Raspino||Director||Buy||25,000||$21.02||$525,500.00|| |
|5/20/2013||Archie W Dunham||Director||Buy||450,000||$20.89||$9,400,500.00|| |
|11/26/2012||R Brad Martin||Director||Buy||40,000||$17.24||$689,600.00|| |
|11/12/2012||Frederic M Poses||Director||Buy||266,000||$16.92||$4,500,720.00|| |
|9/18/2012||Archie W Dunham||Director||Buy||75,000||$20.00||$1,500,000.00|| |
Headline Trends for Chesapeake Energy (NYSE:CHK)
Latest Headlines for Chesapeake Energy (NYSE:CHK)
Chesapeake Energy (CHK) Chart for Monday, May, 29, 2017