Chesapeake Energy (NYSE:CHK) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, February 22nd. Analysts expect Chesapeake Energy to post earnings of $0.22 per share for the quarter.
Chesapeake Energy (NYSE:CHK) opened at $2.73 on Tuesday. The company has a debt-to-equity ratio of -4.17, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market capitalization of $2,480.00, a P/E ratio of -4.71 and a beta of 1.83. Chesapeake Energy has a twelve month low of $2.53 and a twelve month high of $6.59.
CHK has been the subject of a number of research reports. Mizuho downgraded Chesapeake Energy from a “neutral” rating to an “underperform” rating and increased their price objective for the stock from $4.28 to $8.00 in a report on Tuesday, January 16th. BMO Capital Markets set a $4.00 price objective on Chesapeake Energy and gave the stock a “hold” rating in a report on Tuesday, November 14th. SunTrust Banks reiterated a “buy” rating and issued a $6.00 price objective on shares of Chesapeake Energy in a report on Wednesday, January 3rd. Piper Jaffray Companies reiterated a “hold” rating and issued a $5.00 price objective on shares of Chesapeake Energy in a report on Tuesday, January 9th. Finally, ValuEngine downgraded Chesapeake Energy from a “buy” rating to a “hold” rating in a report on Sunday, December 31st. Seven analysts have rated the stock with a sell rating, twelve have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Chesapeake Energy has a consensus rating of “Hold” and an average target price of $5.29.
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Chesapeake Energy Company Profile
Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Exploration and production is engaged in finding and producing oil, natural gas and NGL. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.
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