NASDAQ:CHK

Chesapeake Energy (CHK) Stock Price, News & Analysis

$86.67
-0.12 (-0.14%)
(As of 05/3/2024 ET)
Today's Range
$85.08
$87.16
50-Day Range
$81.53
$92.96
52-Week Range
$72.84
$93.58
Volume
2.84 million shs
Average Volume
1.68 million shs
Market Capitalization
$11.36 billion
P/E Ratio
11.68
Dividend Yield
2.65%
Price Target
$105.83

Chesapeake Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
22.1% Upside
$105.83 Price Target
Short Interest
Bearish
14.61% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of Chesapeake Energy in the last 14 days
Based on 40 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
267.95%
From $1.56 to $5.74 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.

3.75 out of 5 stars

Oils/Energy Sector

528th out of 1,427 stocks

Crude Petroleum & Natural Gas Industry

199th out of 462 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

Chesapeake Energy Stock is The Energy Play, Earnings Confirm
Professional traders often say that the first move is always wrong; how much traction that saying has over shares of Chesapeake Energy Co. NASDAQ: CHK is up for debate. After reporting its first quarter 2024 earnings, arguably the most critical earnings as they set the tone for the rest of the year, a decline in the stock price could be an opportunity in disguise.
Chesapeake Energy Stock is The Energy Play, Earnings Confirm (CHK)
Chesapeake Energy stock may still be a buy before natural gas prices catch up to crude oil. Analysts see up to 230% EPS growth ahead and double-digit upside
Automatic Income (from home)
For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year.
Natural Gas: Is a Bottom in Sight?
Automatic Income (from home)
For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year.
Chesapeake Energy Corp. Q1 Profit Decreases, misses estimates
Here's what to expect from Chesapeake Energy's earnings
Chesapeake Energy (NASDAQ:CHK) Shares Down 0.6%
See More Headlines
Receive CHK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Chesapeake Energy and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/26 Dividend
3/06/2024
Dividend Payable
3/26/2024
Last Earnings
4/30/2024
Today
5/04/2024
Ex-Dividend for 6/5 Dividend
5/15/2024
Dividend Payable
6/05/2024
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
$105.83
High Stock Price Target
$147.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+22.1%
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
$16.99 per share
Book Value
$81.51 per share

Miscellaneous

Free Float
130,956,000
Market Cap
$11.36 billion
Optionable
Optionable
Beta
0.51
13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

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 research analysts have issued "buy," "hold," and "sell" ratings for Chesapeake Energy in the last twelve months. There are currently 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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 analysts have issued 1-year price objectives for Chesapeake Energy's shares. Their CHK share price targets range from $88.00 to $147.00. On average, they predict the company's stock price to reach $105.83 in the next year. This suggests a possible upside of 22.1% 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 beginning of 2024. Since then, CHK shares have increased by 12.6% and is now trading at $86.67.
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) issued 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 business earned $1.08 billion during the quarter, compared to the consensus estimate 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 prior year, the company earned $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. Shareholders 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 annualized dividend and a yield of 3.30%. The ex-dividend date is Wednesday, May 15th. This is a positive change 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 2.65%. 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 40.07% 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 declared that its board has initiated a share repurchase plan on Wednesday, June 22nd 2022, which authorizes the company to buyback $2,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 20.6% of its shares through open market purchases. Shares buyback plans are generally 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 many different retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (1.99%), Principal Financial Group Inc. (0.36%), Van ECK Associates Corp (0.26%), Retirement Systems of Alabama (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.17%) and Vest Financial LLC (0.17%). 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 5/4/2024 by MarketBeat.com Staff

From Our Partners