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
Current SymbolNYSE:CHK
Previous Symbol
CUSIP16516710
Phone405-848-8000
Debt
Debt-to-Equity RatioN/A
Current Ratio0.41
Quick Ratio0.41
Price-To-Earnings
Trailing P/E Ratio3.11
Forward P/E Ratio3.00
P/E Growth0.31
Sales & Book Value
Annual Sales$9.50 billion
Price / Sales0.25
Cash Flow$2.04 per share
Price / Cash Flow1.25
Book Value($2.25) per share
Price / Book-1.13
Profitability
EPS (Most Recent Fiscal Year)$0.82
Net Income$949 million
Net Margins6.91%
Return on Equity-54.07%
Return on Assets7.98%
Miscellaneous
Employees3,200
Outstanding Shares913,710,000
Market Cap$2.35 billion
OptionableOptionable
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 quarterly earnings results on Tuesday, October, 30th. The oil and gas exploration company reported $0.19 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.15 by $0.04. The oil and gas exploration company earned $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Chesapeake Energy had a net margin of 6.91% and a negative return on equity of 54.07%. The company's quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.12 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?
16 brokerages have issued 12-month price targets for Chesapeake Energy's shares. Their predictions range from $2.72 to $8.00. On average, they expect Chesapeake Energy's share price to reach $4.6323 in the next twelve months. This suggests a possible upside of 81.7% from the stock's current price. View Analyst Price Targets for Chesapeake Energy.
What is the consensus analysts' recommendation for Chesapeake Energy?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 6 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chesapeake Energy.
Has Chesapeake Energy been receiving favorable news coverage?
Press coverage about CHK stock has been trending somewhat positive on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of 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 2.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas exploration company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Are investors shorting Chesapeake Energy?
Chesapeake Energy saw a increase in short interest during the month of November. As of November 30th, there was short interest totalling 151,689,303 shares, an increase of 10.1% from the November 15th total of 137,803,544 shares. Based on an average daily trading volume, of 29,853,775 shares, the short-interest ratio is currently 5.1 days. Approximately 16.9% of the shares of the company 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 Cenovus Energy (CVE), Energen (EGN), Cimarex Energy (XEC), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Antero Resources (AR), Centennial Resource Development (CDEV), Viper Energy Partners (VNOM), Vermilion Energy (VET), Black Stone Minerals (BSM), Range Resources (RRC) and Newfield Exploration (NFX).
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)
Who are Chesapeake Energy's major shareholders?
Chesapeake Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.59%), Dimensional Fund Advisors LP (1.28%), Bank of New York Mellon Corp (1.07%), Schneider Capital Management Corp (0.97%), Mackenzie Financial Corp (0.96%) and Huber Capital Management LLC (0.93%). Company insiders that own Chesapeake Energy stock include Archie W Dunham, James R Webb, 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 AQR Capital Management LLC, River & Mercantile Asset Management LLP, Mackenzie Financial Corp, First Trust Advisors LP, TIAA CREF Investment Management LLC, Virtu Financial LLC, James Investment Research Inc. and Westpac Banking Corp. View Insider Buying and Selling for Chesapeake Energy.
Which major investors are buying Chesapeake Energy stock?
CHK stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Huber Capital Management LLC, Dimensional Fund Advisors LP, Vanguard Group Inc., BlueMountain Capital Management LLC, AXA, Akanthos Capital Management LLC and Prudential Financial Inc.. Company insiders that have bought Chesapeake Energy stock in the last two years include Archie W Dunham, James R Webb, 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 $2.55.
How big of a company is Chesapeake Energy?
Chesapeake Energy has a market capitalization of $2.35 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.
What is Chesapeake Energy's official website?
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.
