Chesapeake Energy Corp

Chesapeake Energy Corp Stock Forecast & Price Prediction

Live Chesapeake Energy Corp Stock (CHK) Price
$70.31

29

Ratings

  • Buy 4
  • Hold 19
  • Sell 6
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$70.31

P/E Ratio

23.76

Volume Traded Today

$2.2M

Dividend

$0.575

52 Week High/low

93.58/69.42

Chesapeake Energy Corp Market Cap

$9.58B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $CHK ๐Ÿ›‘

Before you buy CHK you'll want to see this list of ten stocks that have huge potential. Want to see if CHK made the cut? Enter your email below

CHK Summary

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 Analyst Ratings

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 .

CHK stock forecast by analyst

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

CHK Company Information

  • Company Type: Independent exploration and production company in the United States.
  • Core Activities: Engages in acquisition, exploration, and development of properties for oil, natural gas, and natural gas liquids.
  • Key Resource Plays: Holds interests in the Marcellus Shale (Pennsylvania) and Haynesville/Bossier Shales (Louisiana).
  • Assets: Owns a portfolio of onshore U.S. unconventional natural gas assets, including interests in approximately 5,000 natural gas wells.
  • Foundation: Founded in 1989 and based in Oklahoma City, Oklahoma.
CHK
Chesapeake Energy Corp (CHK)

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

Chesapeake Energy Corp (CHK) Financial Data

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

$5.21B

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

$11.44B

0.00 %
From Previous Year

Revenue From 2023

$7.78B

-32.05 %
From Previous Year
  • Revenue TTM $4.10B
  • Operating Margin TTM -50.2%
  • Gross profit TTM $5.04B
  • Return on assets TTM 2.0%
  • Return on equity TTM 4.2%
  • Profit Margin 10.7%
  • Book Value Per Share 79.01%
  • Market capitalisation $9.58B
  • Revenue for 2021 N/A
  • Revenue for 2022 $11.44B
  • Revenue for 2023 $7.78B
  • EPS this year (TTM) $3.03

Chesapeake Energy Corp (CHK) Latest News

News Image

Sat, 31 Aug 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Tue, 27 Aug 2024

Sentiment - POSITIVE

Source - MarketBeat

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.

News Image

Sat, 24 Aug 2024

Sentiment - POSITIVE

Source - MarketBeat

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.

News Image

Wed, 14 Aug 2024

Sentiment - POSITIVE

Source - Benzinga

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.

News Image

Thu, 08 Aug 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Fri, 09 Aug 2024

Sentiment - POSITIVE

Source - Benzinga

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.

...

CHK Frequently asked questions

The highest forecasted price for CHK is $118 from Mike Scialla at Stephens & Co..

The lowest forecasted price for CHK is $89 from from

The CHK analyst ratings consensus are 4 buy ratings, 19 hold ratings, and 6 sell ratings.