NASDAQ:CHK

Chesapeake Energy (CHK) Stock Price, News & Analysis

$88.53
+0.12 (+0.14%)
(As of 04/23/2024 ET)
Today's Range
$87.27
$88.95
50-Day Range
$75.85
$90.30
52-Week Range
$72.84
$91.03
Volume
1.19 million shs
Average Volume
2.05 million shs
Market Capitalization
$11.58 billion
P/E Ratio
5.26
Dividend Yield
2.60%
Price Target
$103.58

Chesapeake Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
17.0% Upside
$103.58 Price Target
Short Interest
Bearish
14.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.16mentions of Chesapeake Energy in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
186.21%
From $2.03 to $5.81 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.

3.88 out of 5 stars

Oils/Energy Sector

64th out of 234 stocks

Crude Petroleum & Natural Gas Industry

25th out of 73 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

top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
EQT Corp., Equinor in acreage swap
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Chesapeake Energy Corp.
KeyBanc Sticks to Its Hold Rating for Chesapeake Energy (CHK)
CHK Factor-Based Stock Analysis
Expert Ratings For Matador Resources
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Ex-Dividend for 3/26 Dividend
3/06/2024
Dividend Payable
3/26/2024
Today
4/23/2024
Next Earnings (Confirmed)
4/30/2024
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
$103.58
High Stock Price Target
$147.00
Low Stock Price Target
$88.00
Potential Upside/Downside
+17.0%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
35.74%

Debt

Sales & Book Value

Annual Sales
$8.72 billion
Cash Flow
$17.19 per share
Book Value
$81.86 per share

Miscellaneous

Free Float
130,703,000
Market Cap
$11.58 billion
Optionable
Optionable
Beta
0.52
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Key Executives

  • Mr. Domenic J. Dell'Osso Jr. (Age 47)
    President, CEO & Director
    Comp: $1.79M
  • Mr. Mohit Singh (Age 46)
    Executive VP & CFO
    Comp: $1.33M
  • Mr. Joshua J. VietsMr. Joshua J. Viets (Age 46)
    Executive VP & COO
    Comp: $1.63M
  • Mr. Benjamin E. Russ (Age 49)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $742.02k
  • 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

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 brokerages 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 expect the company's share price to reach $103.58 in the next twelve months. This suggests a possible upside of 17.0% 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 15.1% and is now trading at $88.53.
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, April 30th 2024.
View our CHK earnings forecast
.

How can I listen to Chesapeake Energy's earnings call?

Chesapeake Energy will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Chesapeake Energy's earnings last quarter?

Chesapeake Energy Co. (NASDAQ:CHK) released its quarterly earnings data on Tuesday, February, 20th. The company reported $1.31 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.89. The firm had revenue of $1.95 billion for the quarter, compared to analysts' expectations of $962.95 million. Chesapeake Energy had a net margin of 27.74% and a trailing twelve-month return on equity of 6.74%. During the same quarter in the prior year, the firm posted $4.22 EPS.

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

Chesapeake Energy declared a quarterly dividend on Tuesday, February 20th. Investors of record on Thursday, March 7th will be paid a dividend of $0.575 per share on Tuesday, March 26th. This represents a $2.30 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Wednesday, March 6th.
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 2.63%. 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 13.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHK will have a dividend payout ratio of 39.59% 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 of Directors has authorized a stock repurchase program on Wednesday, June 22nd 2022, which authorizes the company to repurchase $2,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 20.6% of its shares through open market purchases. Shares repurchase programs 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 many different retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.17%), Hodges Capital Management Inc. (0.11%), Amalgamated Bank (0.06%), State of Michigan Retirement System (0.02%), Louisiana State Employees Retirement System (0.02%) and First Dallas Securities Inc. (0.02%). 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 4/24/2024 by MarketBeat.com Staff

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