Chesapeake Energy Corporation (CHK)

NASDAQ: CHK · Real-Time Price · USD
77.15
+0.58 (0.75%)
Sep 20, 2024, 10:34 AM EDT - Market open
0.75%
Market Cap 10.13B
Revenue (ttm) 4.10B
Net Income (ttm) 438.00M
Shares Out 131.28M
EPS (ttm) 3.21
PE Ratio 23.82
Forward PE 22.98
Dividend $2.30 (3.00%)
Ex-Dividend Date Aug 15, 2024
Volume 532,375
Open 76.69
Previous Close 76.57
Day's Range 75.90 - 77.23
52-Week Range 69.12 - 93.58
Beta 0.45
Analysts Buy
Price Target 101.40 (+31.44%)
Earnings Date Oct 29, 2024

About 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 natura... [Read more]

Sector Energy
IPO Date Feb 4, 1993
Employees 1,000
Stock Exchange NASDAQ
Ticker Symbol CHK
Full Company Profile

Financial Performance

In 2023, Chesapeake Energy's revenue was $6.05 billion, a decrease of -57.18% compared to the previous year's $14.12 billion. Earnings were $2.42 billion, a decrease of -50.32%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for CHK stock is "Buy." The 12-month stock price forecast is $101.4, which is an increase of 31.44% from the latest price.

Price Target
$101.4
(31.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chesapeake Energy says deal for Southwestern Energy to close early in 4Q

Chesapeake Energy's $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell'Osso said on Wednesday.

Other symbols: SWN
1 day ago - Reuters

Conrad And Gue On Top Stocks In Energy And Utilities

Roger Conrad, editor of Conrad's Utility Investor, and Elliott Gue, editor of Energy & Income Advisor, are experts on utility and energy stocks, respectively. They start by explaining why energy deman...

Other symbols: BEPCBPCNPCVXDEXCNEE
20 days ago - Seeking Alpha

Top 3 Energy Stocks That May Rocket Higher This Quarter

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: ARCHNEXT
5 weeks ago - Benzinga

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: MURPSX
6 weeks ago - Benzinga

Chesapeake Energy Corporation (CHK) Q2 2024 Earnings Call Transcript

Chesapeake Energy Corporation (NASDAQ:CHK) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Chris Ayres - Vice President, Investor Relations and Treasurer Nick Dell'Osso...

7 weeks ago - Seeking Alpha

Chesapeake posts loss in second quarter as prices stay low

Natural gas producer Chesapeake Energy on Monday reported a second-quarter loss, compared to a year-ago profit, dented by persistently weak prices for the commodity.

7 weeks ago - Reuters

CHESAPEAKE ENERGY CORPORATION REPORTS SECOND QUARTER 2024 RESULTS

OKLAHOMA CITY , July 29, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported second quarter 2024 financial and operating results. Net cash provided by operating activities o...

7 weeks ago - PRNewsWire

Top 4 Energy Stocks That May Rocket Higher In Q3

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. `

Other symbols: BPTEQTINDO
7 weeks ago - Benzinga

Chesapeake Energy Has Commodity Risk On Its Side

Chesapeake Energy Corporation is navigating a bear market for natural gas, but the long-term outlook is promising, with additional LNG export capacity expected by CY25. Management has made strategic d...

2 months ago - Seeking Alpha

CHESAPEAKE ENERGY CORPORATION PROVIDES 2024 SECOND QUARTER EARNINGS CONFERENCE CALL INFORMATION

OKLAHOMA CITY , July 16, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2024 second quarter operational and financial results after market clo...

2 months ago - PRNewsWire

Don't Sweat This Energy Stock's Dip

Chesapeake Energy (CHK) stock is 1.4% lower to trade at $83.58 at last check, adding to its 8.1% June deficit. In fact, the security is on track for its ninth daily loss in 10 sessions, while the $83 ...

3 months ago - Forbes

Chesapeake Energy Corporation (CHK) Presents at JP Morgan Energy, Power and Renewables Conference Call Transcript

Chesapeake Energy Corporation (NASDAQ:CHK) JP Morgan Energy, Power and Renewables Conference Call June 18, 2024 9:10 AM ET Company Participants Domenic Dell'Osso - President and Chief Executive Offic...

3 months ago - Seeking Alpha

CHESAPEAKE ENERGY CORPORATION RELEASES 2023 SUSTAINABILITY REPORT

OKLAHOMA CITY , June 11, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today published its 2023 Sustainability Report, marking the company's 12th year reporting on its environmental,...

3 months ago - PRNewsWire

Exclusive: Top U.S. natural gas producer Chesapeake Energy cuts jobs

Chesapeake Energy , a top U.S. natural gas producer, began laying off employees this week after completing the divestiture of its oil assets last year, the company said on Monday.

4 months ago - Reuters

SOUTHWESTERN ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southwestern Energy Company - SWN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southwestern Ene...

Other symbols: SWN
4 months ago - Business Wire

Chesapeake Energy Corporation (CHK) Q1 2024 Earnings Call Transcript

Chesapeake Energy Corporation (NASDAQ:CHK) Q1 2024 Earnings Conference Call May 1, 2024 9:00 AM ET Company Participants Chris Ayres - Vice President, Investor Relations and Treasurer Nick Dell'Osso -...

5 months ago - Seeking Alpha

Chesapeake Energy misses quarterly profit estimates as natgas prices remain low

Natural gas producer Chesapeake Energy Corp missed Wall Street estimates for first-quarter profit on Tuesday as persistently low natural gas prices weighed down on the company's top-line results.

5 months ago - Reuters

CHESAPEAKE ENERGY CORPORATION REPORTS FIRST QUARTER 2024 RESULTS

OKLAHOMA CITY , April 30, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported first quarter 2024 financial and operating results. Net income of $26 million, or $0.18 per ful...

5 months ago - PRNewsWire

CHESAPEAKE ENERGY CORPORATION PROVIDES 2024 FIRST QUARTER EARNINGS CONFERENCE CALL INFORMATION

OKLAHOMA CITY , April 17, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2024 first quarter operational and financial results after market clo...

5 months ago - PRNewsWire

Can Chesapeake Energy Handle A Low Natural Gas Price Environment?

Natural gas prices remain low despite growing demand and expanding export business. Chesapeake Energy announces all-stock acquisition of Southwestern, bringing combined production to 8 billion cubic f...

5 months ago - Seeking Alpha

Chesapeake: One Of The Best Contrarian Plays On The Market

Natural gas prices are currently low due to oversupply in North America, with some areas even experiencing negative prices. Chesapeake Energy is adjusting to the headwinds by reducing capital spending...

5 months ago - Seeking Alpha

Chesapeake, Southwestern say deal delayed after second FTC request for information

Chesapeake Energy and Southwestern Energy said on Friday the closing date of their proposed $7.4 billion merger has been pushed back to the second half of the year after receiving a second request for...

Other symbols: SWN
6 months ago - Reuters

Chesapeake Energy's 2024 Production Cut Marks A Bottom For Dry Natural Gas Prices

Chesapeake Energy will become the largest domestic natural gas producer in the U.S. after its merger with Southwestern Energy. The combined entity will be on par with major energy giants like Chevron,...

7 months ago - Seeking Alpha

Chesapeake says natgas market oversupplied, plans to cut output, spending

Chesapeake Energy said it would cut spending and natural gas output this year as it sees the market being "oversupplied", causing the company's shares to rise more than 7% on Wednesday.

7 months ago - Reuters

Chesapeake Energy Corporation (CHK) Q4 2023 Earnings Call Transcript

Chesapeake Energy Corporation (CHK) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha