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 results on Thursday, May, 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.04. The business earned $1.47 billion during the quarter, compared to the consensus estimate of $1.10 billion. Chesapeake Energy Corporation had a negative return on equity of 7.64% and a negative net margin of 35.84%. During the same period in the previous year, the company posted ($0.10) EPS. View Chesapeake Energy Corporation's Earnings History.

Chesapeake Energy Corporation is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Chesapeake Energy Corporation.

26 equities research analysts have issued 1-year target prices for Chesapeake Energy Corporation's stock. Their forecasts range from $3.00 to $11.00. On average, they anticipate Chesapeake Energy Corporation's share price to reach $6.76 in the next twelve months. 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 July. As of July 14th, there was short interest totalling 205,595,169 shares, an increase of 1.2% from the June 30th total of 203,139,837 shares. Based on an average daily trading volume, of 28,026,496 shares, the short-interest ratio is currently 7.3 days. Approximately 23.0% of the company's stock are short sold.

Some companies that are related to Chesapeake Energy Corporation include EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Range Resources Corporation (RRC), Energen Corporation (EGN), Murphy Oil Corporation (MUR), WPX Energy (WPX), Vermilion Energy (VET), Laredo Petroleum (LPI), PDC Energy (PDCE), Southwestern Energy Company (SWN), Kosmos Energy (KOS), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR) and Transportadora De Gas Sa Ord B (TGS).

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 institutional and retail investors. Top institutional investors include SOUTHEASTERN ASSET MANAGEMENT INC (4.90%), CHESAPEAKE GRANITE WASH TRUST (50.80%), James Investment Research Inc. (0.19%), Chevy Chase Trust Holdings Inc. (0.07%), Greylin Investment Mangement Inc. (0.04%) and Aperio Group LLC (0.03%). 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 Oakbrook Investments LLC, Exxonmobil Investment Management Inc. TX, Russell Investments Group Ltd., NGAM Advisors L.P., Greylin Investment Mangement Inc., Hartford Investment Management Co., US Bancorp DE and North Star Investment 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 James Investment Research Inc., Pennsylvania Trust Co, Janney Montgomery Scott LLC, Fox Run Management L.L.C., Prospera Financial Services Inc, Aperio Group LLC, Cutler Capital Management LLC and Public Employees Retirement Association of Colorado. 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 $4.84.