NYSE:CHKChesapeake Energy Stock Price, Forecast & News

Chesapeake Energy's stock was trading at $0.1503 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CHK shares have increased by 7,784.2% and is now trading at $11.85. View which stocks have been most impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 9 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Chesapeake Energy.

Chesapeake Energy is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Chesapeake Energy.

Chesapeake Energy Co. (NYSE:CHK) announced its quarterly earnings results on Monday, May, 11th. The oil and gas exploration company reported $14.87 earnings per share for the quarter, topping the Zacks' consensus estimate of ($16.43) by $31.30. The oil and gas exploration company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.06 billion. Chesapeake Energy had a negative net margin of 96.80% and a negative return on equity of 30.44%. View Chesapeake Energy's earnings history.

Chesapeake Energy shares reverse split on the morning of Wednesday, April 15th 2020. The 1-200 reverse split was announced on Monday, April 13th 2020. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, April 14th 2020. An investor that had 100 shares of Chesapeake Energy stock prior to the reverse split would have 1 shares after the split.

12 analysts have issued twelve-month target prices for Chesapeake Energy's stock. Their forecasts range from $100.00 to $400.00. On average, they anticipate Chesapeake Energy's stock price to reach $210.00 in the next twelve months. This suggests a possible upside of 1,672.2% from the stock's current price. View analysts' price targets for Chesapeake Energy.

Media headlines about CHK stock have trended negative recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Chesapeake Energy earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Chesapeake Energy.

Chesapeake Energy saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,880,000 shares, an increase of 6.9% from the June 15th total of 3,630,000 shares. Based on an average daily trading volume, of 2,860,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 44.0% of the shares of the stock are short sold. View Chesapeake Energy's Current Options Chain.

Some companies that are related to Chesapeake Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Chesapeake Energy investors own include General Electric (GE), Bank of America (BAC), Ford Motor (F), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX), AT&T (T), Intel (INTC), Micron Technology (MU), Alibaba Group (BABA) and Exxon Mobil (XOM).

Chesapeake Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHK."

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, Robinhood, Fidelity, and Charles Schwab.

One share of CHK stock can currently be purchased for approximately $11.85.

Chesapeake Energy has a market capitalization of $115.93 million and generates $8.49 billion in revenue each year. The oil and gas exploration company earns $-308,000,000.00 in net income (profit) each year or ($54.00) on an earnings per share basis. Chesapeake Energy employs 2,300 workers across the globe.

The official website for Chesapeake Energy is www.chk.com.

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]