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
Phone405-848-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$10.23 billion
Profitability
Miscellaneous
Employees2,350
Next Earnings Date5/1/2019 (Estimated)
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) announced its earnings results on Wednesday, February, 27th. The oil and gas exploration company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.03. The oil and gas exploration company earned $3.07 billion during the quarter, compared to the consensus estimate of $1.07 billion. Chesapeake Energy had a negative return on equity of 58.05% and a net margin of 8.31%. The firm's revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 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 target prices for Chesapeake Energy's stock. Their predictions range from $2.00 to $6.00. On average, they anticipate Chesapeake Energy's share price to reach $4.0938 in the next twelve months. This suggests a possible upside of 31.2% 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 7 sell ratings, 7 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?
Media stories about CHK stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chesapeake Energy earned a news impact score of 0.5 on InfoTrie's scale. They also gave media stories about the oil and gas exploration company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely 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 in February. As of February 28th, there was short interest totalling 204,354,142 shares, an increase of 0.1% from the February 15th total of 204,575,696 shares. Based on an average trading volume of 51,146,896 shares, the days-to-cover ratio is currently 4.0 days. Currently, 18.2% of the company's shares are short sold. 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 Sasol (SSL), Diamondback Energy (FANG), Continental Resources (CLR), Rwe Ag Sp (RWEOY), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), GALP ENERGIA SG/ADR (GLPEY), Noble Energy (NBL), Cabot Oil & Gas (COG), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Energen (EGN), Cimarex Energy (XEC) and Encana (ECA).
What other stocks do shareholders of Chesapeake Energy own?
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 52)
- Mr. Domenic J. Dell'Osso Jr., Exec. VP & CFO (Age 42)
- Mr. Mikell Jason Pigott, Exec. VP of Operations & Technical Services (Age 45)
- Mr. James R. Webb, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
- Mr. Frank J. Patterson, Exec. VP of Exploration & Production (Age 60)
Who are Chesapeake Energy's major shareholders?
Chesapeake Energy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (1.36%), Dimensional Fund Advisors LP (1.36%), Bank of New York Mellon Corp (1.31%), Norges Bank (1.14%), Geode Capital Management LLC (1.01%) and Geode Capital Management LLC (1.01%). Company insiders that own Chesapeake Energy stock include Archie W Dunham, Domenic J Dell'osso Jr, Frank J Patterson, James R Webb, Ngp Energy Capital Management,, R Brad Martin, Robert D Lawler 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 Prudential Financial Inc., Barrow Hanley Mewhinney & Strauss LLC, Northern Trust Corp, First Trust Advisors LP, Hsbc Holdings PLC, Teacher Retirement System of Texas, Van ECK Associates Corp and Pennsylvania Trust Co. 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 Norges Bank, Bank of New York Mellon Corp, River & Mercantile Asset Management LLP, Connor Clark & Lunn Investment Management Ltd., Rhumbline Advisers, Raymond James & Associates, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. Company insiders that have bought Chesapeake Energy stock in the last two years include Archie W Dunham, Domenic J Dell'osso Jr, Frank J Patterson, James R Webb, R Brad Martin, Robert D Lawler 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 $3.12.
How big of a company is Chesapeake Energy?
Chesapeake Energy has a market capitalization of $5.09 billion and generates $10.23 billion in revenue each year. The oil and gas exploration company earns $873 million in net income (profit) each year or $0.90 on an earnings per share basis. Chesapeake Energy employs 2,350 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.
