Chesapeake Energy Co. (NASDAQ: CHK) Stocks To Watch

Chesapeake Energy Co. day trading at USD 13.43 per share, then rallying to 13.43 and closing at USD 12.83 per share. A net loss of -4.46% for the day. Long term pricing analysis shows the stock trading at 96.87% lower than it’s 52week high and -60.87% higher than the 52week low. The share volume traded for the day was 777K which was 0 times the 50 Day Average Volume.

Chesapeake Energy Co. had a market cap of 125,517K as of 2nd June 2020. The Earnings Per Share (EPS) for Q4 2019 is $-890.97

Chesapeake Energy Co. is a company engaged in hydrocarbon exploration. It is headquartered in Oklahoma City. The company is named after the founder’s love for the Chesapeake Bay region. The company is ranked 309th on the Fortune 500.

Financial Results

Chesapeake Energy Co. Reports the Fourth Quarter Of Fiscal 2019.

  • For the 2019 fourth quarter, Chesapeake reported a net loss of $324 million and a net loss available to common stockholders of $346 million, or $0.18 per diluted share, compared to net income of $605 million and net income available to common stockholders of $576 million, or $0.57 per diluted share, for the fourth quarter 2018.
  • Adjusting for items typically excluded by securities analysts, the 2019 fourth-quarter adjusted net loss attributable to Chesapeake was $80 million, or $0.04 per share, while adjusted EBITDAX was $665 million.
  • The average daily production for the 2019 fourth quarter was approximately 477,000 boe and consisted of approximately 126,000 bbls of oil, 1.935 bcf of natural gas, and 29,000 bbls of NGL.

Chesapeake Energy Co. (2nd June 2020): The Institutional Ownership as of today stood at 46.87% and the Total Value of Holdings (millions) is $ 71.

New Institutional Holders and other activity – As of today, the total number of shares held is 7,994,036 by 88 institutional holders.

LATEST NEWS:

28-May-2020:- $913.52 Million in Sales Expected for Chesapeake Energy Co. (NYSE: CHK) This Quarter

Equities research analysts expect Chesapeake Energy Co. (NYSE: CHK) to report $913.52 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Chesapeake Energy’s earnings. The lowest sales estimate is $906.00 million and the highest is $921.04 million.

16-May-2020:- SunTrust Banks Research Analysts Lower Earnings Estimates for Chesapeake Energy Co. (NYSE: CHK) – Modern Readers

Chesapeake Energy Co. (NYSE: CHK) – Analysts at SunTrust Banks cut their Q2 2020 earnings estimates for shares of Chesapeake Energy in a research report issued on Monday, May 11th. SunTrust Banks analyst N. Dingmann now expects that the oil and gas exploration company will post earnings of ($29.20) per share for the quarter, down from their prior forecast of ($22.61).

6-May-2020:- Q1 2020 EPS Estimates for Chesapeake Energy Co. Reduced by SunTrust Banks (NYSE: CHK) – Modern Readers

Chesapeake Energy Co. (NYSE: CHK) – Equities research analysts at SunTrust Banks cut their Q1 2020 earnings per share estimates for shares of Chesapeake Energy in a report released on Wednesday, April 29th. SunTrust Banks analyst N. Dingmann now anticipates that the oil and gas exploration company will earn ($19.16) per share for the quarter, down from their prior forecast of ($18.00).

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