|Bid||69.52 x N/A|
|Ask||72.30 x N/A|
|Day's range||71.29 - 71.29|
|52-week range||66.50 - 107.00|
|Beta (5Y monthly)||0.63|
|PE ratio (TTM)||1.58|
|Forward dividend & yield||7.62 (10.41%)|
|Ex-dividend date||17 May 2023|
|1y target est||N/A|
With natural gas prices depreciating significantly in 2023, we advise focusing on fundamentally sound companies like CHK and LNG.
Natural Gas Fund ETF, ProShares Ultrashort Bloomberg Natural Gas, Chesapeake Energy and Vital Energy have been highlighted in this Investment Ideas article.
Earnings and profits of natural gas-weighted companies are seen getting better despite the outsized supply of U.S. natural gas versus demand, with four companies particularly — Southwestern Energy (NYSE:SWN), Chesapeake Energy (NYSE:CHK), Range Resources (NYSE:RRC) and EQT (NYSE:EQT) — offering value to investors, Bank of America says. “Our second conclusion is that at the current forward curve for U.S. gas, valuations for gas weighted E&Ps look compelling, led by SWN, CHK, RRC and EQT, with limited down-side risk contrasting with values we see 80%-175% higher at strip,” analysts BofA said in a note.
DENVER (Reuters) -U.S. shale gas producer Chesapeake Energy on Wednesday said it anticipated volatility in natural gas markets to persist, and that it could hold off bringing some wells online if low prices continue. Chesapeake said it had opted to conduct some maintenance in the Haynesville shale while gas prices were low. U.S. natural gas prices fell some 50% this year, prompting energy companies to refocus some activity on oilier basins.
Chesapeake Energy (CHK) delivered earnings and revenue surprises of 20.65% and 169.31%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
(Reuters) -U.S. oil and gas company Chesapeake Energy Corp on Tuesday beat estimates for first-quarter profit on higher production of natural gas despite lower prices. The United States has emerged as the world's largest LNG exporter after Western sanctions on major supplier Russia, which has boosted demand for U.S. natural gas and encouraged producers to increase output. "Chesapeake turned a lot more wells to sale this quarter," said Gabriele Sorbara of Siebert Williams Shank & Co, adding that the company put 53 wells to production, higher than the brokerage's estimate of 36 wells, which led to more activity and "drove the volumes".
PDC Energy (PDCE) 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.
Chesapeake Energy (CHK) moves up a notch, after receiving a positive outlook from Fitch and Moody's and a stable outlook from S&P Global Ratings.
In the latest trading session, Chesapeake Energy (CHK) closed at $76.72, marking a +0.54% move from the previous day.
Chesapeake Energy (CHK) closed the most recent trading day at $74.98, moving -0.17% from the previous trading session.
Chesapeake Energy (CHK) closed at $74.30 in the latest trading session, marking a +1.57% move from the prior day.
In the latest trading session, Chesapeake Energy (CHK) closed at $72.07, marking a -1.61% move from the previous day.
Chesapeake Energy (CHK) recently disclosed that it has inked a contract to sell INEOS Energy, a segment of its remaining Eagle Ford asset for $1.4 billion.
Chesapeake Energy (CHK) delivered earnings and revenue surprises of 42.57% and 171.69%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Increased costs are expected to have dented Chesapeake Energy's (CHK) bottom line in Q4.
Pioneer Natural Resources (PXD) 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.
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.
Weatherford International and Chesapeake Energy are part of the Zacks Bull and Bear of the Day article.
Investors will want to monitor management's adjustment to a potentially dimmer outlook as the investment value, market capitalization, and per-share price of Chesapeake Energy stock have been volatile in recent history as indicated in its 2020 reverse stock split.
BFC, CHK and TMST have been added to the Zacks Rank #5 (Strong Sell) List on January 23, 2023.
In the latest trading session, Chesapeake Energy (CHK) closed at $94.58, marking a +1.01% move from the previous day.
APA (APA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Chesapeake Energy on Wednesday said inflation in the fastest growing U.S. shale gas region could surpass 15% next year, a sign that soaring costs for energy producers are far from abating. The Oklahoma City-based company topped Wall Street third-quarter profit estimates this week, bolstered by higher natural gas prices which averaged $6.955 per million British thermal units (mmBtu) - a 43% increase from a year ago. Like most oil and gas firms, it is grappling with steep cost increases for materials and labor.
Chesapeake Energy (CHK) delivered earnings and revenue surprises of 12.95% and 72.72%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?