The Chesapeake Energy Corp (CHK) share price is expected to increase by 46.71% over the next year. This is based on calculating the average 12-month share price estimate provided by 29 stock analysts who have covered CHK. Price targets range from $89 at the low end to $118 at the high end. The current analyst consensus for CHK is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
CHK is a stock in Energy which has been forecasted to be worth $103.15 as an average. On the higher end, the forecast price is $118 USD by Mike Scialla from Stephens & Co. and on the lower end CHK is forecasted to be $89 by from .
These are the latest 20 analyst ratings of CHK.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Cameron Bean Scotiabank | Sector Perform | $105 | Maintains | Aug 20, 2024 |
Mike Scialla Stephens & Co. | Equal-Weight | $118 | Maintains | Jul 30, 2024 |
Neal Dingmann Truist Securities | Buy | $108 | Maintains | Jul 22, 2024 |
Doug Leggate Wolfe Research | Outperform | Reinstates | Jul 18, 2024 | |
Tim Rezvan Keybanc | Sector Weight | Initiates | Jun 27, 2024 | |
Nitin Kumar Mizuho | Buy | $111 | Maintains | May 13, 2024 |
Subash Chandra Benchmark | Buy | $93 | Maintains | May 2, 2024 |
Mike Scialla Stephens & Co. | Equal-Weight | $117 | Maintains | May 1, 2024 |
Nitin Kumar Mizuho | Buy | $101 | Maintains | May 1, 2024 |
Cameron Bean Scotiabank | Sector Perform | $110 | Maintains | Apr 11, 2024 |
Nitin Kumar Mizuho | Buy | $100 | Maintains | Apr 11, 2024 |
Lloyd Byrne Jefferies | Buy | $115 | Maintains | Apr 10, 2024 |
Betty Jiang Barclays | Equal-Weight | $102 | Initiates | Apr 10, 2024 |
Josh Silverstein UBS | Neutral | $94 | Maintains | Apr 10, 2024 |
Subash Chandra Benchmark | Buy | $93 | Maintains | Apr 9, 2024 |
Neal Dingmann Truist Securities | Buy | $112 | Maintains | Apr 5, 2024 |
Tim Rezvan Keybanc | Sector Weight | Initiates | Apr 4, 2024 | |
Nitin Kumar Mizuho | Buy | $100 | Reiterates | Mar 6, 2024 |
Josh Silverstein UBS | Neutral | $92 | Maintains | Jan 18, 2024 |
Paul Diamond Citigroup | Buy | $95 | Upgrade | Jan 12, 2024 |
When did it IPO
N/A
Staff Count
1,000
Country
United States
Sector/Industry
Energy/Oil & Gas E&P
CEO
Mr. Domenic J. Dell'Osso Jr.
Market Cap
$9.58B
In 2023, CHK generated $7.78B in revenue, which was a decrease of -32.05% from the previous year. This can be seen as a signal that CHK's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Experts Roger Conrad and Elliott Gue highlight stable energy demand amid China's economic concerns, boosted by AI data centers, and discuss investments in grid resiliency and the slow energy transition.
Why It Matters - Insights on energy demand stability, AI-related electricity growth, and power grid investments highlight opportunities in utility and energy sectors, guiding informed investment decisions.
Summary - A commodity cycle is emerging, with Warren Buffett supporting the energy sector's potential growth. Interest rate cuts may begin by September 2024, per CME's FedWatch tool.
Why It Matters - A commodity cycle suggests rising prices, potentially boosting energy sector stocks. Buffett's backing adds credibility, while anticipated interest rate cuts may enhance economic growth, benefiting investments.
Summary - High short interest in stocks may lead to a short squeeze, as short sellers must buy back shares, potentially driving prices up. Investors should monitor short interest levels.
Why It Matters - High short interest may lead to a short squeeze, driving stock prices up as short sellers buy to cover losses. This can create volatility and potential profit opportunities.
Summary - Oversold stocks in the energy sector may offer buying opportunities for investors seeking undervalued companies.
Why It Matters - Oversold energy stocks indicate potential for price recovery, allowing investors to capitalize on undervalued opportunities and maximize returns as market conditions improve.
Summary - Investors should monitor Chesapeake Energy (CHK) stock due to recent significant activity in the options market.
Why It Matters - Options market activity often signals investor sentiment and potential volatility, indicating future price movements for Chesapeake Energy (CHK) stock.
Summary - Investors are increasingly favoring dividend-yielding stocks during market turbulence, as these companies typically have strong free cash flows and provide substantial dividend payouts.
Why It Matters - Dividend-yielding stocks provide stability and income during market volatility, attracting investors seeking reliable returns and lower risk, especially in uncertain economic conditions.