Chesapeake Energy Corporation (CHK)
Market Cap | 11.47B |
Revenue (ttm) | 8.72B |
Net Income (ttm) | 2.42B |
Shares Out | 130.79M |
EPS (ttm) | 16.92 |
PE Ratio | 5.25 |
Forward PE | 27.01 |
Dividend | $2.30 (2.59%) |
Ex-Dividend Date | Mar 6, 2024 |
Volume | 1,962,591 |
Open | 88.01 |
Previous Close | 87.73 |
Day's Range | 87.78 - 89.12 |
52-Week Range | 72.84 - 91.00 |
Beta | 0.50 |
Analysts | Buy |
Price Target | 95.88 (+7.94%) |
Earnings Date | Apr 30, 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]
Financial Performance
In 2023, CHK's revenue was $8.72 billion, a decrease of -25.73% compared to the previous year's $11.74 billion. Earnings were $2.42 billion, a decrease of -50.32%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CHK stock is "Buy." The 12-month stock price forecast is $95.88, which is an increase of 7.94% from the latest price.
News
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.
CHK, PANW, CZR: Earnings Extravaganza
Chesapeake Energy's (CHK) 4Q closed the remaining Eagle Ford divestiture package for about $700M. Palto Alto Networks' (PANW) 2Q revenue grew 19%.
Chesapeake Energy reports fall in quarterly profit
Chesapeake Energy reported a steep decline in fourth-quarter profit on Tuesday, as the natural gas producer battled lower commodity pricing during the period as well as a decline in output.
CHESAPEAKE REPORTS FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL AND OPERATING RESULTS AND ISSUES 2024 OUTLOOK
OKLAHOMA CITY , Feb. 20, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported fourth quarter and full-year 2023 results and issued 2024 guidance. Fourth Quarter 2023 Highligh...
Some regional electric grids 'in trouble' over the next few years, says Skylar's Bill Perkins
Bill Perkins, Skylar Capital Management CEO, joins 'Closing Bell Overtime' to talk the price of natural gas, the impact of weather, investing in energy and more.
Chesapeake Energy signs LNG export deal with Gunvor, Delfin
Chesapeake Energy has entered a long-term liquefied natural gas (LNG) export deal with Delfin LNG and global energy trader Gunvor Group, the U.S. natural gas producer said on Tuesday.
CHESAPEAKE ENERGY CORPORATION, DELFIN LNG AND GUNVOR SIGN LONG-TERM LNG LIQUEFACTION OFFTAKE AGREEMENT INDEXED TO JAPAN KOREA MARKER
OKLAHOMA CITY , Feb. 13, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK, together with certain of its subsidiaries, collectively, "Chesapeake"), Delfin LNG LLC ("Delfin") and Gunvor G...
Brian Belski makes big trades on Snap, Chesapeake Energy, DoorDash, Gilead, and UnitedHealth
Brian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to break down his latest trades.
CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS CONFERENCE CALL INFORMATION
OKLAHOMA CITY , Feb. 6, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it will release its 2023 fourth quarter and full year operational and financial results af...
How Chesapeake, Southwestern Energy Merger Will Reshape U.S. Natural Gas Industry Via $24 Billion Entity
In the wider scheme of the U.S. oil and gas industry, the recently announced merger of Chesapeake Energy CHK and Southwestern Energy SWN may not be the biggest in valuation stakes. Especially consider...
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...
Chesapeake Energy Buys Southwestern Energy To Become Biggest US Gas Producer
Chesapeake Energy Corp. (CHK) is set to become the largest natural gas producer in the U.S. after announcing it is buying rival Southwestern Energy Co. (SWN) for $7.4 billion in an all-stock deal.
Chesapeake and Southwestern bonds rally on merger news as Fitch says combined entity may get investment-grade rating
Bonds issued by Chesapeake Energy Corp. and Southwestern Energy Co. were rallying on Thursday after the companies sealed their expected $7.4 billion all-stock merger.
Chesapeake Buys Southwestern To Create A Shale Gas Powerhouse
The past 15 years have been a long and winding road for Chesapeake Energy CHK , one that included an effort to shift from a pure natural gas play to a more oily portfolio, a chapter 11 bankruptcy fili...
Chesapeake Energy Merges With Southwestern For $7.4 Billion—Becomes Largest Natural Gas Producer In U.S.
Chesapeake Energy will merge with Southwestern Energy in an all-stock deal valued at $7.4 billion, both companies announced Thursday, the latest transaction in the energy industry that would make Ches...
VIEW Chesapeake to buy Southwestern for $7.4 bln in all-stock deal
Chesapeake Energy said on Thursday it would buy smaller rival Southwestern Energy in an all-stock transaction valued at $7.4 billion, a deal that would enable the second-largest U.S. natural gas produ...
CHK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Chesapeake Energy Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company is fair to ...
Southwestern Energy's stock falls, as the $7.4 billion merger deal with Chesapeake Energy valued it at a discount
Shares of Southwestern Energy Co. SWN, -0.29% fell 3.5% in premarket trading Thursday, after the natural gas company announced a merger with oil and gas company Chesapeake Energy Corp. CHK, -1.49%, as...
Chesapeake and Southwestern Energy to Merge in $7.4 Billion Deal
The deal will create one of the largest natural gas producers in the U.S.
Chesapeake Energy, Southwestern Energy Sign Merger Agreement
Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed at creating a premier natural gas company.
Chesapeake to buy Southwestern Energy in $7.4 billion deal
Chesapeake Energy said on Thursday it would buy smaller rival Southwestern Energy in an all-stock transaction valued at $7.4 billion, a deal that would enable the second-largest U.S. natural gas produ...
CHESAPEAKE ENERGY CORPORATION AND SOUTHWESTERN ENERGY TO COMBINE TO ACCELERATE AMERICA'S ENERGY REACH
OKLAHOMA CITY and SPRING, Texas , Jan. 11, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced that they have entered into an a...
Skylar Capital's Bill Perkins calls Chesapeake & Southwestern possible merger 'brilliant'
Bill Perkins, Skylar Capital founder, and CNBC's Pippa Stevens join 'Power Lunch' to discuss a possible merger between Chesapeake and Southwestern and natural gas outlook.
Southwestern, Chesapeake Energy close to $17 billion merger - source
U.S. natural gas producer Chesapeake Energy and peer Southwestern Energy are nearing a merger that would create a nearly $17 billion company, a person familiar with the matter told Reuters on Friday.
Southwestern, Chesapeake Near $17 Billion Energy Merger
Southwestern Energy and Chesapeake Energy are close to a merger that would create a roughly $17 billion company ranking as one of the largest natural-gas producers in the U.S.