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Chesapeake Energy (CHK) Stock Price, News & Analysis

$88.29
-0.02 (-0.02%)
(As of 06/7/2024 ET)
Today's Range
$87.49
$88.54
50-Day Range
$86.67
$92.96
52-Week Range
$72.84
$93.58
Volume
1.04 million shs
Average Volume
1.39 million shs
Market Capitalization
$11.57 billion
P/E Ratio
11.90
Dividend Yield
2.61%
Price Target
$106.67

Chesapeake Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
20.8% Upside
$106.67 Price Target
Short Interest
Bearish
16.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.77mentions of Chesapeake Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
435.71%
From $0.98 to $5.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.96 out of 5 stars

Oils/Energy Sector

127th out of 229 stocks

Crude Petroleum & Natural Gas Industry

42nd out of 71 stocks

CHK stock logo

About Chesapeake Energy Stock (NASDAQ:CHK)

Chesapeake Energy Corporation operates as an independent exploration and production company in the United States. It engages in acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. As of December 31, 2023, the company owns a portfolio of onshore U.S. unconventional natural gas assets, including interests in approximately 5,000 natural gas wells. Chesapeake Energy Corporation was founded in 1989 and is based in Oklahoma City, Oklahoma.

CHK Stock Price History

CHK Stock News Headlines

9 Best Energy Dividend Stocks To Buy Now
Chesapeake Energy Corp - New
Natural Gas: Is a Bottom in Sight?
Chesapeake Energy Corp. Q1 Profit Decreases, misses estimates
See More Headlines
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Company Calendar

Ex-Dividend for 3/26 Dividend
3/06/2024
Dividend Payable
3/26/2024
Last Earnings
4/30/2024
Ex-Dividend for 6/5 Dividend
5/15/2024
Dividend Payable
6/05/2024
Today
6/08/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:CHK
Fax
N/A
Employees
1,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$106.67
High Stock Price Target
$147.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+20.8%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
21.10%

Debt

Sales & Book Value

Annual Sales
$8.72 billion
Cash Flow
$17.01 per share
Book Value
$81.86 per share

Miscellaneous

Free Float
130,825,000
Market Cap
$11.57 billion
Optionable
Optionable
Beta
0.50
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Key Executives

  • Mr. Domenic J. Dell'Osso Jr. (Age 47)
    President, CEO & Director
    Comp: $2.25M
  • Mr. Joshua J. VietsMr. Joshua J. Viets (Age 46)
    Executive VP & COO
    Comp: $1.22M
  • Mr. Benjamin E. Russ (Age 49)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $876.04k
  • Gregory M. Larson
    VP of Accounting & Controller
  • John Christ
    VP & Chief Information Officer
  • Chris Ayres
    VP of Investor Relations & Treasurer
  • Jason Kurtz
    Vice President of Marketing
  • Toni Parks-Payne
    Vice President of Human Resources & Employee Services
  • Usha Turner
    Vice President & Chief Sustainability Officer
  • Sir John D. K. Grant KCMG (Age 70)
    VP of New Energy Ventures & Chief Geoscientist

CHK Stock Analysis - Frequently Asked Questions

Should I buy or sell Chesapeake Energy stock right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CHK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHK, but not buy additional shares or sell existing shares.
View CHK analyst ratings
or view top-rated stocks.

What is Chesapeake Energy's stock price target for 2024?

13 Wall Street analysts have issued 1-year price targets for Chesapeake Energy's shares. Their CHK share price targets range from $88.00 to $147.00. On average, they expect the company's share price to reach $106.67 in the next twelve months. This suggests a possible upside of 20.8% from the stock's current price.
View analysts price targets for CHK
or view top-rated stocks among Wall Street analysts.

How have CHK shares performed in 2024?

Chesapeake Energy's stock was trading at $76.94 at the start of the year. Since then, CHK stock has increased by 14.8% and is now trading at $88.29.
View the best growth stocks for 2024 here
.

When is Chesapeake Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our CHK earnings forecast
.

How were Chesapeake Energy's earnings last quarter?

Chesapeake Energy Co. (NASDAQ:CHK) released its quarterly earnings data on Tuesday, April, 30th. The company reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $0.64 by $0.08. The company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $674.99 million. Chesapeake Energy had a trailing twelve-month return on equity of 4.87% and a net margin of 16.42%. During the same quarter in the previous year, the firm posted $1.87 earnings per share.

How often does Chesapeake Energy pay dividends? What is the dividend yield for Chesapeake Energy?

Chesapeake Energy declared a quarterly dividend on Tuesday, April 30th. Investors of record on Thursday, May 16th will be paid a dividend of $0.715 per share on Wednesday, June 5th. This represents a $2.86 dividend on an annualized basis and a yield of 3.24%. The ex-dividend date of this dividend is Wednesday, May 15th. This is a boost from the stock's previous quarterly dividend of $0.58.
Read our dividend analysis for CHK
.

Is Chesapeake Energy a good dividend stock?

Chesapeake Energy (NASDAQ:CHK) pays an annual dividend of $2.30 per share and currently has a dividend yield of 2.60%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHK will have a dividend payout ratio of 43.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHK.

How will Chesapeake Energy's stock buyback program work?

Chesapeake Energy announced that its board has authorized a stock repurchase plan on Wednesday, June 22nd 2022, which allows the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 20.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Who are Chesapeake Energy's major shareholders?

Chesapeake Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include Blackstone Inc. (9.67%), Vanguard Group Inc. (9.62%), Price T Rowe Associates Inc. MD (6.91%), Bank of New York Mellon Corp (1.99%), Lord Abbett & CO. LLC (1.98%) and Capital World Investors (0.62%). Insiders that own company stock include Domenic J Dell'osso Jr, Holdings LP Blackstone III, Joshua J Viets and Michael Wichterich.
View institutional ownership trends
.

How do I buy shares of Chesapeake Energy?

Shares of CHK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CHK) was last updated on 6/8/2024 by MarketBeat.com Staff

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