Chesapeake Energy Corporation Company Profile (NYSE:CHK)

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

Chesapeake Energy Corporation (NYSE:CHK) released its quarterly earnings data on Thursday, August, 3rd. The company reported $0.18 EPS for the quarter, beating the consensus estimate of $0.14 by $0.04. The company had revenue of $2.28 billion for the quarter, compared to analysts' expectations of $1.07 billion. Chesapeake Energy Corporation had a negative return on equity of 16.10% and a negative net margin of 9.52%. Chesapeake Energy Corporation's revenue was up 40.6% compared to the same quarter last year. During the same period last year, the firm posted ($0.14) earnings per share. View Chesapeake Energy Corporation's Earnings History.

Chesapeake Energy Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Chesapeake Energy Corporation.

25 brokerages have issued 12-month target prices for Chesapeake Energy Corporation's stock. Their predictions range from $3.00 to $11.00. On average, they expect Chesapeake Energy Corporation's share price to reach $6.33 in the next year. View Analyst Ratings for Chesapeake Energy Corporation.

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)

Chesapeake Energy Corporation saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 196,684,274 shares, an increase of 1.0% from the August 15th total of 198,700,693 shares. Based on an average daily trading volume, of 31,287,772 shares, the days-to-cover ratio is currently 6.3 days. Approximately 22.0% of the company's stock are sold short.

Some companies that are related to Chesapeake Energy Corporation include Antero Resources Corporation (AR), Parsley Energy (PE), Rice Energy (RICE), Newfield Exploration Company (NFX), Energen Corporation (EGN), RSP Permian (RSPP), Range Resources Corporation (RRC), Vermilion Energy (VET), Murphy Oil Corporation (MUR), WPX Energy (WPX), Black Stone Minerals, L.P. (BSM), Texas Pacific Land Trust (TPL), Laredo Petroleum (LPI), Southwestern Energy Company (SWN), Kosmos Energy (KOS), Transportadora De Gas Sa Ord B (TGS), PDC Energy (PDCE) and Gulfport Energy Corporation (GPOR).

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

Chesapeake Energy Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (12.21%), Harris Associates L P (6.91%), State Street Corp (5.36%), Southeastern Asset Management Inc. TN (4.89%), Capital Research Global Investors (3.64%) and CHESAPEAKE GRANITE WASH TRUST (50.80%). 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.

Chesapeake Energy Corporation's stock was sold by a variety of institutional investors in the last quarter, including Southeastern Asset Management Inc. TN, Harris Associates L P, First Trust Advisors LP, Castleark Management LLC, California Public Employees Retirement System, Legal & General Group Plc, Old West Investment Management LLC and Schneider Capital Management Corp. View Insider Buying and Selling for Chesapeake Energy Corporation.

Chesapeake Energy Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Bridgewater Associates LP, State Street Corp, Parametric Portfolio Associates LLC, James Investment Research Inc., OxFORD Asset Management LLP, New York State Common Retirement Fund and FMR LLC. 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.

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.

One share of Chesapeake Energy Corporation stock can currently be purchased for approximately $4.04.