Chesapeake Energy Corporation (CHK)

NASDAQ: CHK · IEX Real-Time Price · USD
82.72
+0.65 (0.79%)
Sep 25, 2023, 9:51 AM EDT - Market open
0.79%
Market Cap 10.95B
Revenue (ttm) 12.55B
Net Income (ttm) 6.18B
Shares Out 132.36M
EPS (ttm) 43.74
PE Ratio 1.88
Forward PE 16.22
Dividend $2.30 (2.78%)
Ex-Dividend Date Aug 16, 2023
Volume 27,091
Open 81.92
Previous Close 82.07
Day's Range 81.86 - 82.72
52-Week Range 69.68 - 107.31
Beta 0.65
Analysts Buy
Price Target 112.27 (+35.73%)
Earnings Date Oct 31, 2023

About CHK

Chesapeake Energy Corporation, an independent exploration and production company, engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States. 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. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma. [Read more]

Industry Oil & Gas E&P
Sector Energy
IPO Date Feb 4, 1993
Employees 1,200
Stock Exchange NASDAQ
Ticker Symbol CHK
Full Company Profile

Financial Performance

In 2022, CHK's revenue was $11.74 billion, an increase of 111.62% compared to the previous year's $5.55 billion. Earnings were $4.87 billion, an increase of 415.24%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CHK stock is "Buy." The 12-month stock price forecast is $112.27, which is an increase of 35.73% from the latest price.

Price Target
$112.27
(35.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Options Action: Move in Chesapeake Energy has options traders fueling up

Mike Khouw, Optimize Advisors president, joins CNBC's Melissa Lee and the Options Action traders to talk Chesapeake Energy.

5 weeks ago - CNBC Television

Three-Stock Lunch: CHK, CSCO & WOLF

Danielle Shay, Simpler Trading VP of options, joins ‘Power Lunch' to discuss three stocks: Chesapeake Energy, CISCO and Wolfspeed.

Other symbols: CSCOWOLF
5 weeks ago - CNBC Television

Chesapeake Energy Set to Join S&P MidCap 400

NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Chesapeake Energy Corp. (NASD:CHK) will replace Mercury Systems Inc. (NASD: MRCY) in the S&P MidCap 400, and Mercury Systems will replace Arconic Corp. (NYSE: ...

Other symbols: APOMRCY
5 weeks ago - PRNewsWire

Chesapeake Energy to join S&P MidCap 400

Chesapeake Energy Corp. CHK will replace Mercury Systems Inc. MRCY on the S&P MidCap 400, S&P Dow Jones Indices said on Wednesday, while Mercury Systems will replace Arconic Corp. ARNC in the S&P Smal...

5 weeks ago - Market Watch

Chesapeake to exit Eagle Ford basin with $700 mln SilverBow deal

Chesapeake Energy said on Monday it would sell its remaining Eagle Ford assets to SilverBow Resources for $700 million, completing its exit from the south Texas basin.

Other symbols: SBOW
6 weeks ago - Reuters

Chesapeake to sell remaining Eagle Ford assets to SilverBow Resources for $700 million

Chesapeake Energy Corp. CHK, -0.55% said Monday it has agreed to sell its remaining Eagle Ford assets to SilverBow Resources Inc. SBOW, -0.20% for $700 million. The deal, which is expected to close in...

Other symbols: SBOW
6 weeks ago - Market Watch

CHESAPEAKE ENERGY CORPORATION ANNOUNCES SALE OF FINAL EAGLE FORD PACKAGE FOR $700 MILLION

Total Proceeds from Eagle Ford Exit to Top $3.5 billion OKLAHOMA CITY, Aug. 14, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has executed an agreement to sel...

Other symbols: SBOW
6 weeks ago - PRNewsWire

SilverBow Resources Announces Transformational Acquisition of Chesapeake's South Texas Position

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today that it has entered into an agreement (the “Purchase Agreement”) to acquire Chesapeake E...

Other symbols: SBOW
6 weeks ago - Business Wire

10 Best Natural Gas Stocks to Buy Now

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Other symbols: CTRAAPAARDVNEQTLNGRRC
7 weeks ago - MarketBeat

Chesapeake Energy sees 5% to 7% drop in oilfield service costs in 2024

U.S. oil and gas company Chesapeake Energy on Wednesday said it expects deflation in oilfield service costs by 5% to 7% next year as weaker drilling and completions activity hurts demand, even as serv...

7 weeks ago - Reuters

Chesapeake Energy posts fall in Q2 profit on lower natural gas prices

U.S. oil and gas company Chesapeake Energy on Tuesday posted a fall in second-quarter profit on lower natural gas prices.

7 weeks ago - Reuters

CHESAPEAKE ENERGY CORPORATION REPORTS 2023 SECOND QUARTER RESULTS

OKLAHOMA CITY , Aug. 1, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported 2023 second quarter financial and operating results. Net cash provided by operating activities of...

7 weeks ago - PRNewsWire

CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 SECOND QUARTER EARNINGS CONFERENCE CALL INFORMATION

OKLAHOMA CITY , July 19, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2023 second quarter operational and financial results after market clo...

2 months ago - PRNewsWire

CHESAPEAKE ENERGY CORPORATION ACHIEVES GRADE "A" MIQ AND GRADE "A-" EO100™ RECERTIFICATION FOR MARCELLUS OPERATIONS

OKLAHOMA CITY , July 17, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it has achieved recertification of its natural gas production across the entirety of its ...

2 months ago - PRNewsWire

CHESAPEAKE ENERGY CORPORATION RELEASES 2022 SUSTAINABILITY REPORT

OKLAHOMA CITY , June 9, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today published its 2022 Sustainability Report, marking the company's 11th year reporting on its environmental, ...

3 months ago - PRNewsWire

CHESAPEAKE ENERGY CORPORATION REPORTS 2023 FIRST QUARTER RESULTS

OKLAHOMA CITY , May 2, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported 2023 first quarter financial and operating results. Net cash provided by operating activities of $...

5 months ago - PRNewsWire

CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 FIRST QUARTER EARNINGS CONFERENCE CALL INFORMATION

OKLAHOMA CITY , April 25, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2023 first quarter operational and financial results after market clo...

5 months ago - PRNewsWire

Chesapeake Energy stock rises, after Fitch's credit upgrade and positive outlook suggests an investment-grade rating could be on the horizon

Shares of Chesapeake Energy Corp. CHK, +1.76% rallied 1.6% toward a six-week high in morning trading Thursday, after Fitch Ratings raised the natural gas and oil company's credit rating to the highest...

5 months ago - Market Watch

Institutions Snapping Up These 3 Energy-Sector Dividend Payers

While the broad oil-and-gas industry continues to rally, Targa Resources Corp. (NYSE: TRGP), Chesapeake Energy Corp. (NASDAQ: CHK), and EQT Corp. (NYSE: EQT) are standouts when it comes to institution...

Other symbols: EQTTRGP
6 months ago - MarketBeat

CERAWEEK-Collapse in US natgas prices dents market for shale deals

This year's freefall in U.S. natural gas prices has upended the acquisitions market for gas producers and spooked investors that lined up to buy when prices were much, much higher.

Other symbols: EQTMROSWN
7 months ago - Reuters

CHESAPEAKE ENERGY CORPORATION AND GUNVOR SIGN LONG-TERM LNG SUPPLY AGREEMENT INDEXED TO JAPAN KOREA MARKER

OKLAHOMA CITY , March 6, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) and Gunvor Group Ltd today announced that Gunvor Singapore Pte Ltd ("Gunvor") has entered into a Heads of Agre...

7 months ago - PRNewsWire

Chesapeake Energy sells part of Eagle Ford asset for $1.4 bln

Chesapeake Energy Corp has executed an agreement to sell a portion of its remaining Eagle Ford asset to INEOS Energy for $1.4 billion, the U.S. oil and gas exploration and production company said on T...

Other symbols: F
7 months ago - Reuters

CHESAPEAKE ENERGY CORPORATION ANNOUNCES SALE OF SECOND EAGLE FORD PACKAGE FOR $1.4 BILLION

OKLAHOMA CITY , Feb. 21, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has executed an agreement to sell a portion of its remaining Eagle Ford asset to INEOS ...

7 months ago - PRNewsWire

CHESAPEAKE REPORTS FOURTH QUARTER AND FULL-YEAR 2022 FINANCIAL AND OPERATING RESULTS AND ISSUES 2023 OUTLOOK

OKLAHOMA CITY , Feb. 21, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported fourth quarter and full-year 2022 results and issued 2023 guidance. Fourth Quarter 2022 Highligh...

7 months ago - PRNewsWire

Chesapeake to Sell Shale Oil Assets to Chemical Maker Ineos for $1.4 Billion

The deal is expected to be British chemical maker Ineos's first in upstream U.S. oil and gas, coming as Chesapeake increases its focus on natural gas production.

7 months ago - WSJ