Free Trial
NASDAQ:CHK

Chesapeake Energy (CHK) Stock Price, News & Analysis

$83.95
-0.68 (-0.80%)
(As of 06/18/2024 ET)
Today's Range
$83.85
$85.18
50-Day Range
$83.95
$92.96
52-Week Range
$72.84
$93.58
Volume
1.45 million shs
Average Volume
1.27 million shs
Market Capitalization
$11.00 billion
P/E Ratio
11.31
Dividend Yield
2.74%
Price Target
$106.67

Chesapeake Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
27.1% Upside
$106.67 Price Target
Short Interest
Bearish
16.20% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
1.39mentions of Chesapeake Energy in the last 14 days
Based on 8 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.

4.17 out of 5 stars

Oils/Energy Sector

47th out of 235 stocks

Crude Petroleum & Natural Gas Industry

22nd out of 75 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

Occidental Petroleum logo on smartphone
Buffett Boosts Stake, Triggers Options Boom in Occidental Stock
Buffett liked Occidental Petroleum for the coming oil cycle, however, Chesapeake offers investors a much better growth story
The attacks will come for me after releasing this…
For decades, one group in Washington, D.C., has been solidifying its power behind the scenes. Stoking political division… attacking capitalism… starting wars... this group has done everything in its power to gain more control…
9 Best Energy Dividend Stocks To Buy Now
The attacks will come for me after releasing this…
For decades, one group in Washington, D.C., has been solidifying its power behind the scenes. Stoking political division… attacking capitalism… starting wars... this group has done everything in its power to gain more control…
Chesapeake Energy Corp - New
Natural Gas: Is a Bottom in Sight?
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
Ex-Dividend for 6/5 Dividend
5/15/2024
Dividend Payable
6/05/2024
Today
6/19/2024
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
+27.1%
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
$16.86 per share
Book Value
$81.86 per share

Miscellaneous

Free Float
130,825,000
Market Cap
$11.00 billion
Optionable
Optionable
Beta
0.50
20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

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 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 target prices 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 $106.67 in the next year. This suggests a possible upside of 27.1% 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 the year. Since then, CHK stock has increased by 9.1% and is now trading at $83.95.
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 earnings results on Tuesday, April, 30th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.08. The business earned $1.08 billion during the quarter, compared to analyst estimates 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 last year, the business posted $1.87 EPS.

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

Chesapeake Energy announced a quarterly dividend on Tuesday, April 30th. Stockholders 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 dividend yield of 3.41%. The ex-dividend date of this dividend is Wednesday, May 15th. This is an increase 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 2.72%. 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 of Directors has authorized a stock buyback program on Wednesday, June 22nd 2022, which authorizes the company to repurchase $2,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 20.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Who are Chesapeake Energy's major shareholders?

Chesapeake Energy's stock is owned by many different 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 6/19/2024 by MarketBeat.com Staff

From Our Partners