Chesapeake Energy (NYSE:CHK) is scheduled to release its earnings data 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 $2.80 on Thursday. The company has a market cap of $2,540.00, a price-to-earnings ratio of -4.83 and a beta of 1.83. Chesapeake Energy has a 1-year low of $2.53 and a 1-year high of $6.59. The company has a debt-to-equity ratio of -4.17, a current ratio of 0.53 and a quick ratio of 0.53.
A number of brokerages have recently commented on CHK. ValuEngine cut shares of Chesapeake Energy from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Credit Suisse Group began coverage on shares of Chesapeake Energy in a report on Monday, December 11th. They issued an “underperform” rating and a $3.00 target price on the stock. SunTrust Banks reaffirmed a “buy” rating and issued a $6.00 target price on shares of Chesapeake Energy in a report on Wednesday, January 3rd. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $5.00 target price on shares of Chesapeake Energy in a report on Tuesday, January 9th. Finally, Scotiabank set a $4.00 target price on shares of Chesapeake Energy and gave the company a “hold” rating in a report on Wednesday, November 22nd. Seven investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. Chesapeake Energy presently has an average rating of “Hold” and an average target price of $5.29.
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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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