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
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CHK
CUSIP16516710
Phone405-848-8000
Debt
Debt-to-Equity Ratio-5.27
Current Ratio0.52
Quick Ratio0.52
Price-To-Earnings
Trailing P/E Ratio5.78
Forward P/E Ratio6.00
P/E GrowthN/A
Sales & Book Value
Annual Sales$9.50 billion
Price / Sales0.46
Cash Flow$2.0973 per share
Price / Cash2.26
Book Value($2.25) per share
Price / Book-2.11
Profitability
EPS (Most Recent Fiscal Year)$0.82
Net Income$949 million
Net Margins11.67%
Return on Equity-43.41%
Return on Assets7.66%
Miscellaneous
Employees3,200
Outstanding Shares911,820,000
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) released its earnings results on Wednesday, May, 2nd. The oil and gas exploration company reported $0.34 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.09. The oil and gas exploration company earned $1.24 billion during the quarter, compared to analysts' expectations of $1.30 billion. Chesapeake Energy had a net margin of 11.67% and a negative return on equity of 43.41%. The business's quarterly revenue was down 15.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 EPS. View Chesapeake Energy's Earnings History.
When is Chesapeake Energy's next earnings date?
What price target have analysts set for CHK?
16 brokers have issued 1-year price objectives for Chesapeake Energy's stock. Their predictions range from $2.00 to $8.00. On average, they expect Chesapeake Energy's share price to reach $4.2533 in the next twelve months. View Analyst Ratings for Chesapeake Energy.
Are investors shorting Chesapeake Energy?
Chesapeake Energy saw a drop in short interest in the month of May. As of May 31st, there was short interest totalling 175,223,964 shares, a drop of 10.6% from the May 15th total of 195,912,381 shares. Based on an average daily trading volume, of 69,346,369 shares, the days-to-cover ratio is presently 2.5 days. Approximately 19.5% of the shares of the company are sold short.
Who are some of Chesapeake Energy's key competitors?
Some companies that are related to Chesapeake Energy include Noble Energy (NBL), Apache (APA), EQT (EQT), Rwe Ag Sp (RWEOY), GALP ENERGIA SG/ADR (GLPEY), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Diamondback Energy (FANG), Cenovus Energy (CVE), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP) and Antero Resources (AR).
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?
Media stories about CHK stock have been trending somewhat positive this week, according to Accern. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chesapeake Energy earned a media sentiment score of 0.16 on Accern's scale. They also gave media stories about the oil and gas exploration company an impact score of 43.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Chesapeake Energy's major shareholders?
Chesapeake Energy's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (1.18%), Millennium Management LLC (0.94%), Northern Trust Corp (0.80%), Dimensional Fund Advisors LP (0.70%), Schwab Charles Investment Management Inc. (0.58%) and Principal Financial Group Inc. (0.44%). 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 institutional investors are selling Chesapeake Energy stock?
CHK stock was sold by a variety of institutional investors in the last quarter, including Saba Capital Management L.P., Guggenheim Capital LLC, Northern Trust Corp, Schwab Charles Investment Management Inc., Prudential Financial Inc., California Public Employees Retirement System, Legal & General Group Plc and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Chesapeake Energy.
Which institutional investors are buying Chesapeake Energy stock?
CHK stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dimensional Fund Advisors LP, Principal Financial Group Inc., Principal Financial Group Inc., American International Group Inc., River & Mercantile Asset Management LLP, Westpac Banking Corp and OMERS ADMINISTRATION Corp. 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 $4.74.
How big of a company is Chesapeake Energy?
Chesapeake Energy has a market capitalization of $4.23 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 (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.
