Expand Energy Corporation (CHK)
NASDAQ (NGS) NASDAQ (NGS) Primary 
XSTU 
Earnings Preview: Chesapeake Energy (CHK) Q2 Earnings Expected to Decline
Chesapeake Energy (CHK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is The Options Market Predicting A Spike In Chesapeake Energy (CHK) Stock?
Investors need to pay close attention to Chesapeake Energy (CHK) stock based on the movements in the options market lately.
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 level contained this pullback on a closing basis.
Bull Signal Says Buy Oil Giant Ahead of OPEC+ Meeting
Since we last checked in with the stock in September, Chesapeake Energy Corp (NASDAQ:CHK) has been busy. Back in January, the energy giant revealed a $7.4 billion all-stock deal to combine with Southwestern Energy (SWN). The merger created one of the largest natural gas producers in the nation -- and follows in the footsteps of oil and gas leaders Exxon Mobil (XOM) and Chevron's (CVX) own recent billion-dollar mergers.
Chesapeake (CHK) Layoffs Point at Struggles Amid Lower Prices
Chesapeake (CHK) announces that its job cuts are completely unrelated to its merger with Southwestern (SWN). The company is also cutting back on production owing to a slump in natural gas prices.
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.
Chesapeake Energy Co. (NASDAQ:CHK) Shares Purchased by Panagora Asset Management Inc.
Panagora Asset Management Inc. raised its position in Chesapeake Energy Co. (NASDAQ:CHK – Free Report) by 112.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,474 shares of the company’s stock after buying an additional 20,910 shares during the period. Panagora Asset Management Inc.’s holdings in Chesapeake Energy were worth $3,037,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its position in Chesapeake Energy by 29.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,104,685 shares of the company’s stock worth $353,947,000 after acquiring an additional 936,169 shares during the last quarter. Lord Abbett & CO. LLC boosted its holdings in shares of Chesapeake Energy by 18.6% during the 3rd quarter. Lord Abbett & CO. LLC now owns 2,723,456 shares of the company’s stock worth $234,844,000 after purchasing an additional 426,560 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Chesapeake Energy by 190.8% in the third quarter. AQR Capital Management LLC now owns 620,462 shares of the company’s stock valued at $53,502,000 after purchasing an additional 407,082 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Chesapeake Energy by 229.0% in the third quarter. Principal Financial Group Inc. now owns 491,006 shares of the company’s stock valued at $42,339,000 after purchasing an additional 341,747 shares during the last quarter. Finally, Northern Trust Corp lifted its position in Chesapeake Energy by 57.9% during the third quarter. Northern Trust Corp now owns 870,221 shares of the company’s stock worth $75,039,000 after buying an additional 319,021 shares in the last quarter. 97.93% of the stock is currently owned by hedge funds and other institutional investors. Chesapeake Energy Stock Performance NASDAQ CHK opened at $91.69 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.33 and a quick ratio of 2.33. The company has a market cap of $12.02 billion, a P/E ratio of 12.36 and a beta of 0.51. The stock has a 50-day moving average of $88.10 and a two-hundred day moving average of $82.23. Chesapeake Energy Co. has a 1-year low of $72.84 and a 1-year high of $93.58. Chesapeake Energy (NASDAQ:CHK – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.08). The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $674.99 million. Chesapeake Energy had a net margin of 16.42% and a return on equity of 4.87%. During the same quarter last year, the firm posted $1.87 EPS. As a group, analysts anticipate that Chesapeake Energy Co. will post 1.15 EPS for the current year. Chesapeake Energy Increases Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th will be given a dividend of $0.715 per share. The ex-dividend date is Wednesday, May 15th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 3.12%. This is a positive change from Chesapeake Energy’s previous quarterly dividend of $0.58. Chesapeake Energy’s dividend payout ratio is currently 31.00%. Wall Street Analysts Forecast Growth A number of brokerages have issued reports on CHK. Jefferies Financial Group cut their target price on Chesapeake Energy from $118.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, April 10th. KeyCorp assumed coverage on shares of Chesapeake Energy in a research note on Thursday, April 4th. They set a “sector weight” rating on the stock. Truist Financial dropped their price target on shares of Chesapeake Energy from $119.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, April 5th. Stephens lifted their price target on shares of Chesapeake Energy from $116.00 to $117.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 1st. Finally, UBS Group increased their price objective on Chesapeake Energy from $92.00 to $94.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.67. Check Out Our Latest Stock Report on Chesapeake Energy Chesapeake Energy Profile (Free Report) 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. Read More Five stocks we like better than Chesapeake Energy 3 REITs to Buy and Hold for the Long Term JD’s Earnings Could Mean Chinese Stocks Making a Comeback Consumer Discretionary Stocks Explained Canada Goose Flies Higher Driven By DTC Growth How to Invest in Small Cap Stocks CVS Health Stock Has a Silver Lining Called Value
