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: Oil & Gas Exploration and Production - NEC
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:CHK
- CUSIP: 16516710
- Web: www.chk.com
- Market Cap: $4.40413 billion
- Outstanding Shares: 890,875,000
- 50 Day Moving Avg: $4.83
- 200 Day Moving Avg: $5.57
- 52 Week Range: $4.38 - $8.20
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 5.44
- P/E Growth: 1.24
- Annual Revenue: $8.59 billion
- Price / Sales: 0.50
- Book Value: ($3.51) per share
- Price / Book: -1.38
- EBIDTA: $502 million
- Net Margins: -35.84%
- Return on Equity: -7.64%
- Return on Assets: 1.90%
- Debt-to-Equity Ratio: -3.31%
- Current Ratio: 0.49%
- Quick Ratio: 0.49%
- Average Volume: 36.64 million shs.
- Beta: 1.98
- Short Ratio: 5.01
Frequently Asked Questions for Chesapeake Energy Corporation (NYSE:CHK)
What is Chesapeake Energy Corporation's stock symbol?
Chesapeake Energy Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHK."
How were Chesapeake Energy Corporation's earnings last quarter?
Chesapeake Energy Corporation (NYSE:CHK) released its quarterly 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 business earned $1.47 billion during the quarter, compared to the consensus estimate of $1.10 billion. Chesapeake Energy Corporation had a negative return on equity of 7.64% and a negative net margin of 35.84%. During the same period in the previous year, the company posted ($0.10) EPS. View Chesapeake Energy Corporation's Earnings History.
When will Chesapeake Energy Corporation make its next earnings announcement?
Where is Chesapeake Energy Corporation's stock going? Where will Chesapeake Energy Corporation's stock price be in 2017?
26 equities research analysts have issued 1-year target prices for Chesapeake Energy Corporation's stock. Their forecasts range from $3.00 to $11.00. On average, they anticipate Chesapeake Energy Corporation's share price to reach $6.76 in the next twelve months. View Analyst Ratings for Chesapeake Energy Corporation.
What are analysts saying about Chesapeake Energy Corporation stock?
Here are some recent quotes from research analysts about Chesapeake Energy Corporation 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 Corporation?
Chesapeake Energy Corporation saw a increase in short interest in July. As of July 14th, there was short interest totalling 205,595,169 shares, an increase of 1.2% from the June 30th total of 203,139,837 shares. Based on an average daily trading volume, of 28,026,496 shares, the short-interest ratio is currently 7.3 days. Approximately 23.0% of the company's stock are short sold.
Who are some of Chesapeake Energy Corporation's key competitors?
Some companies that are related to Chesapeake Energy Corporation include EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Range Resources Corporation (RRC), Energen Corporation (EGN), Murphy Oil Corporation (MUR), WPX Energy (WPX), Vermilion Energy (VET), Laredo Petroleum (LPI), PDC Energy (PDCE), Southwestern Energy Company (SWN), Kosmos Energy (KOS), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR) and Transportadora De Gas Sa Ord B (TGS).
Who are Chesapeake Energy Corporation's key executives?
Chesapeake Energy Corporation'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 Corporation stock?
Chesapeake Energy Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include
SOUTHEASTERN ASSET MANAGEMENT INC
CHESAPEAKE GRANITE WASH TRUST
(50.80%), James Investment Research Inc. (0.19%), Chevy Chase Trust Holdings Inc. (0.07%), Greylin Investment Mangement Inc. (0.04%) and Aperio Group LLC (0.03%). Company insiders that own Chesapeake Energy Corporation stock include Archie W Dunham, R Brad Martin, Robert D Lawler and Thomas L Ryan. View Institutional Ownership Trends for Chesapeake Energy Corporation.
Who sold Chesapeake Energy Corporation stock? Who is selling Chesapeake Energy Corporation stock?
Chesapeake Energy Corporation's stock was sold by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC, Exxonmobil Investment Management Inc. TX, Russell Investments Group Ltd., NGAM Advisors L.P., Greylin Investment Mangement Inc., Hartford Investment Management Co., US Bancorp DE and North Star Investment Management Corp.. View Insider Buying and Selling for Chesapeake Energy Corporation.
Who bought Chesapeake Energy Corporation stock? Who is buying Chesapeake Energy Corporation stock?
Chesapeake Energy Corporation's stock was acquired by a variety of institutional investors in the last quarter, including James Investment Research Inc., Pennsylvania Trust Co, Janney Montgomery Scott LLC, Fox Run Management L.L.C., Prospera Financial Services Inc, Aperio Group LLC, Cutler Capital Management LLC and Public Employees Retirement Association of Colorado. Company insiders that have bought Chesapeake Energy Corporation 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 Corporation.
How do I buy Chesapeake Energy Corporation stock?
Shares of Chesapeake Energy Corporation 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 Corporation's stock price today?
MarketBeat Community Rating for Chesapeake Energy Corporation (NYSE CHK)MarketBeat's community ratings are surveys of what our community members think about Chesapeake Energy Corporation 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 Corporation stock can currently be purchased for approximately $4.84.
Consensus Ratings for Chesapeake Energy Corporation (NYSE:CHK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 17 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.12)|
|Consensus Price Target: ||$6.76 (39.63% upside)|
Analysts' Ratings History for Chesapeake Energy Corporation (NYSE:CHK)
(Data available from 7/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/21/2017||Citigroup Inc.||Lower Price Target||Neutral||$8.00 -> $5.00||Low|
|7/21/2017||Stifel Nicolaus||Reiterated Rating||Buy||Low|
|7/21/2017||Jefferies Group LLC||Reiterated Rating||Hold||$5.00||High|
|6/27/2017||BMO Capital Markets||Reiterated Rating||Hold||$3.00||Low|
|6/21/2017||Macquarie||Downgrade||Neutral -> Underperform||$3.93 -> $4.00||High|
|6/15/2017||Wolfe Research||Initiated Coverage||Market Perform||$5.50||Low|
|5/31/2017||J P Morgan Chase & Co||Lower Price Target||Neutral||$6.00 -> $5.00||Low|
|5/29/2017||Royal Bank Of Canada||Set Price Target||Hold||$7.00||High|
|5/15/2017||FBR & Co||Reiterated Rating||Sell||N/A|
|5/12/2017||Bank of America Corporation||Reiterated Rating||Buy||Low|
|5/1/2017||SunTrust Banks, Inc.||Reiterated Rating||Buy||$9.00||Low|
|4/20/2017||Barclays PLC||Reiterated Rating||Sell||$5.00 -> $4.00||Low|
|3/7/2017||Deutsche Bank AG||Lower Price Target||Hold||$9.00 -> $8.00||N/A|
|2/5/2017||Credit Suisse Group||Reiterated Rating||Hold||$7.00||N/A|
|12/23/2016||KLR Group||Reiterated Rating||Buy||$10.00 -> $11.00||N/A|
|12/4/2016||Ladenburg Thalmann Financial Services||Boost Price Target||$6.00 -> $7.50||N/A|
|10/24/2016||Stephens||Upgrade||Underweight -> Equal Weight||N/A|
|10/23/2016||Wells Fargo & Company||Reiterated Rating||Market Perform||N/A|
|8/18/2016||S&P Equity Research||Reiterated Rating||Hold||N/A|
|8/16/2016||Capital One Financial Corporation||Upgrade||Underweight -> Equal Weight||N/A|
|8/10/2016||Janney Montgomery Scott||Upgrade||Neutral -> Buy||N/A|
|7/26/2016||Johnson Rice||Upgrade||Hold -> Accumulate||N/A|
|7/21/2016||Tudor Pickering||Upgrade||Hold -> Buy||N/A|
|7/12/2016||Simmons||Upgrade||Underweight -> Neutral||$4.50||N/A|
|7/12/2016||Piper Jaffray Companies||Upgrade||Underweight -> Neutral||$4.50||N/A|
|3/8/2016||Susquehanna Bancshares Inc||Reiterated Rating||Positive||$30.00||N/A|
|1/22/2016||Sterne Agee CRT||Reiterated Rating||Neutral||N/A|
|1/4/2016||Raymond James Financial, Inc.||Downgrade||Market Perform -> Underperform||$6.90 -> $4.50||N/A|
|11/3/2015||Sanford C. Bernstein||Downgrade||Outperform -> Market Perform||$18.00 -> $9.00||N/A|
|8/14/2015||Howard Weil||Lower Price Target||$14.00 -> $13.00||N/A|
Earnings History for Chesapeake Energy Corporation (NYSE:CHK)Earnings History by Quarter for Chesapeake Energy Corporation (NYSE CHK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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 Corporation (NYSE:CHK)
2017 EPS Consensus Estimate: $0.65
2018 EPS Consensus Estimate: $1.12
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Chesapeake Energy Corporation (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 Corporation (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 Corporation (NYSE:CHK)
Insider Ownership Percentage: 1.10%Insider Trades by Quarter for Chesapeake Energy Corporation (NYSE:CHK)
Institutional Ownership Percentage: 64.87%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/23/2017||R Brad Martin||Director||Buy||20,400||$4.55||$92,820.00|| |
|5/31/2017||Thomas L Ryan||Director||Buy||75,000||$5.00||$375,000.00|| |
|5/26/2017||R Brad Martin||Director||Buy||20,000||$5.26||$105,200.00|| |
|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 Corporation (NYSE:CHK)
Latest Headlines for Chesapeake Energy Corporation (NYSE:CHK)
Chesapeake Energy Corporation (CHK) Chart for Thursday, July, 27, 2017