CHK - Chesapeake Energy Corporation

NYSE - NYSE Delayed Price. Currency in USD
2.0100
-0.0500 (-2.43%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Trade prices are not sourced from all markets
Previous Close2.0600
Open2.1250
Bid2.0200 x 42300
Ask2.0300 x 305200
Day's Range2.0200 - 2.1300
52 Week Range1.7100 - 5.6000
Volume33,259,913
Avg. Volume46,306,595
Market Cap3.248B
Beta (3Y Monthly)2.42
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateJul 30, 2019 - Aug 5, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-04-13
1y Target Est3.07
  • Is Chesapeake Energy a Buy?
    Motley Fool5 hours ago

    Is Chesapeake Energy a Buy?

    The oil and gas driller’s turnaround plan is starting to deliver results.

  • Why These Oil Stocks Crashed on Today's Crude Oil Selloff
    Motley Fool2 days ago

    Why These Oil Stocks Crashed on Today's Crude Oil Selloff

    Crude oil futures had one of their worst days in years today. A lot of oil stocks joined them in a rout.

  • Are Natural Gas–Weighted Stocks Avoiding Energy Commodities?
    Market Realist3 days ago

    Are Natural Gas–Weighted Stocks Avoiding Energy Commodities?

    How Did Energy Commodities Impact Energy Stocks?(Continued from Prior Part)Natural gas–weighted stocksThe natural gas–weighted stocks on our list had negative correlations with natural gas June futures on May 15–22. The natural gas–weighted

  • The 7 Best Penny Stocks to Buy
    InvestorPlace3 days ago

    The 7 Best Penny Stocks to Buy

    [Editor's note: This story was previously published in March 2019. It has since been updated and republished.]Penny stocks are often dangerous for individual investors. Generally described as stocks with a price under $5, the group usually consists of quite a few fallen angels and growth stocks that haven't reached, and may never reach, their potential.But there are diamonds in the rough. During the financial crisis, several stocks hit penny stock status. Pier 1 Imports (NYSE:PIR) went from 13 cents to over $20 before a long decline the past few years. Dollar Thrifty Automotive bottomed at 60 cents, and sold itself in 2013 to Hertz (NYSE:HTZ) for $87.50 a share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend Those diamonds are more difficult to find in a market near all-time highs, but they're still out there. Here are seven penny stocks that could provide solid returns for investors going forward. Source: Chesapeake Energy Chesapeake Energy (CHK)I've had an on-again, off-again attraction to Chesapeake Energy (NYSE:CHK) over the past couple of years. Chesapeake is still trying to recover from the oil and gas bust that left it with nearly $10 billion in debt and much lower revenues. Progress has been choppy, both for the business and the stock. CHK stock is now trading at $2.19, down nearly 53% over the past year.Investors need to understand the risks here. The debt is a concern, particularly if oil and/or gas prices start falling again. Earnings reports have picked up recently, with CHK beating or meeting earnings consensus in the past eleven quarters.Further, a continuation of oil's move higher should disproportionately benefit CHK relative to a major like Exxon Mobil (NYSE:XOM). In short, CHK now looks like a classic penny stock with high risk and high reward, even if long-term shareholders certainly would prefer that it wasn't. Source: Shutterstock Castle Brands (ROX)To be honest, I'm not completely sold on Castle Brands (NYSEAMERICAN:ROX) at its current price of 56 cents. And with ROX stock down 121% over the past year, it certainly seems like the market has determined the stock was trading at a premium to fair value. That said, there's still some good news here, and it's still an interesting play on U.S. spirits. * 7 Stocks to Buy for Over 20% Upside Potential Castle's Gosling brand creates both dark rum and ginger beer, which make the increasingly popular "Dark 'N' Stormy" drink. The Jefferson bourbon brand continues to grow nicely, with Castle's whiskey portfolio (which includes smaller Irish offerings) growing revenue 20% in fiscal 2018.Profits still are slim, but margins are increasing as revenue continues to grow. Management is well-incentivized to continue that growth. And the clear end game here is a sale to a larger spirits company like Diageo (NYSE:DEO) or Constellation Brands (NYSE:STZ, NYSE:STZ.B).If ROX stays on its current trend, it should be able to eventually jumpstart a rally. Source: M01229 via Flickr Sportsman's Warehouse (SPWH)Sportsman's Warehouse (NASDAQ:SPWH) only barely makes this list since its current price of $4.04 is just below the $5 penny stock cutoff limit. But SPWH does look like a nice value here.SPWH briefly shook off the penny stock moniker when it topped out at $6.36 briefly in February before falling to its current levels. And yet, SPWH trades at just 7.8X next year's consensus EPS.There's a lot to like here, particularly for investors bullish on brick-and-mortar retailers. If those investors like low-handle stocks, all the better. Source: Flash.pro via Flickr (modified) Limelight Networks (LLNW)Limelight Networks (NASDAQ:LLNW) has executed a nice turnaround of late -- and LLNW stock has responded in kind. The internet content delivery provider is a small fish compared to industry leader Akamai Technologies (NASDAQ:AKAM), but it's making progress. Revenue is expected to rise 6% this year and 11% the next, with earnings growing at a long-term rate of 15%. * 7 Safe Stocks to Buy for Anxious Investors LLNW looks rather expensive on a P/E basis, but margins are thin and EV/EBITDA multiples are favorable. With a recent pullback to $3, a continuation of the recent trend should drive upside in the stock.With Akamai rebounding amid easing of some industry-wide concerns -- notably customers like Netflix (NASDAQ:NFLX) and Facebook (NASDAQ:FB) choosing DIY options -- Limelight is positioned to keep double-digit revenue growth intact. That will boost margins and profits -- and likely get LLNW out of the penny stock category altogether. Plug Power (PLUG)Clean energy historically has been a graveyard for investor capital, and hydrogen vehicle developer Plug Power (NASDAQ:PLUG) hasn't been any different. The stock trades well below peaks from last decade, and is down about 60% from early 2014 levels as well.So PLUG's bull case is a classic "this time is different" argument, which is always tenuous. But there is some good news here. Plug Power has signed deals with Walmart (NYSE:WMT) in 2014 and with Amazon.com (NASDAQ:AMZN) in 2017. What's more, it joined forces with FedEx (NYSE:FDX) in May 2017.The company remains unprofitable, but cash burn is slowing, and the company is guiding for profits in the second half (albeit with a ton of adjustments; GAAP earnings remain a long way off). Revenue is growing quickly, with gross revenue growth of nearly 40% expected this year.PLUG has pivoted toward industrial applications, and there is some promise there. Investors in PLUG will have to be patient, have to tolerate volatility and have to accept risk. But if Plug Power finally can gain some traction, the current share price around $2.53 could move much higher.Source: Shutterstock DHX Media (DHXM)DHX Media (NASDAQ:DHXM) has had an ugly one-year period as a stock, down 47%. Debt continues to be a problem for DHX Media, with a debt-equity ratio of 108%! $550 million in long-term debt as of the most recent quarter doesn't help … but at $1.99, with a market cap around $219 million, there is some reason for optimism.First, DHX added the Peanuts intellectual property to its portfolio in a deal with Iconix Brand Group (NASDAQ:ICON). That adds to the existing portfolio of Teletubbies, Inspector Gadget, Yo Gabba Gabba! and YouTube content provider WildBrain. DHX then sold 39% of Peanuts to Sony (NYSE:SNE), allowing it to reduce debt while bringing a high-quality partner on board. * 7 Energy Stocks to Buy Now A strategic review continues, as DHX looks to further drive cost savings and reduce debt. And in a cord-cutting world where content may become increasingly valuable, the company should have some options.This is a high-risk play, as the long decline in its chart shows. ICON has dropped over 99% in the past five years due to too much debt and too weak a portfolio. But DHX should be able to avoid that fate . and potentially drive nice gains in DHXM stock. Source: Shutterstock Denison Mines (DNN)I'm not a fan of mining stocks, as I've written in the past. But if investors want to take a stab at the sector, then small, developing miners traditionally offer the best chances for big gains. And Denison Mines (NYSEAMERICAN:DNN) fits that bill.Denison's properties are located in the Athabasca Basin, in northern Canada (Alberta and Saskatchewan). It's targeting uranium resources at its properties -- and uranium prices are starting to tick up. The closure of a mine by giant Cameco Corp (NYSE:CCJ) presents a near-term catalyst to those prices -- and the discounted fair value of Denison's mines.Obviously, there is a ton of risk here. Denison is unprofitable, and likely will need to raise more capital down the line. But DNN actually could provide what mining stocks are supposed to: leverage to the price of uranium. With fundamentals perhaps supporting some upside in the metal, DNN could follow.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post The 7 Best Penny Stocks to Buy appeared first on InvestorPlace.

  • EIA Data Might Impact Natural Gas Prices
    Market Realist4 days ago

    EIA Data Might Impact Natural Gas Prices

    Natural Gas: Dullest May Month since 2014(Continued from Prior Part)Inventories spreadIn the week ending May 10, the inventories spread was -14.7%. During this period, the inventories spread contracted by ~1.7 percentage points compared to the

  • South Texas drilling permit roundup: Oklahoma driller lines up new sites
    American City Business Journals4 days ago

    South Texas drilling permit roundup: Oklahoma driller lines up new sites

    Oklahoma City-based Devon Energy Corp. (NYSE: DVN) is seeking permission to drill six new wells in DeWitt County. The publicly traded energy company operates in several of the most prolific oil and natural gas plays in the U.S., including the Eagle Ford. Five are on Devon Energy's East Butler leases, and the sixth is on its Ciaccio lease.

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of CHK earnings conference call or presentation 8-May-19 1:00pm GMT

    Q1 2019 Chesapeake Energy Corp Earnings Call

  • How Brent-WTI Spread Is Affecting Oil Exports and Energy Stocks
    Market Realist5 days ago

    How Brent-WTI Spread Is Affecting Oil Exports and Energy Stocks

    How Brent-WTI Spread Is Affecting Oil Exports and Energy Stocks(Continued from Prior Part)Brent-WTI spread and downstream stocksAny expansion in the Brent-WTI spread could benefit US refineries and cause their input costs to fall. US refiners’

  • Natural Gas Inventory Injection Comes In Above Expectations
    Zacks5 days ago

    Natural Gas Inventory Injection Comes In Above Expectations

    At 1.653 trillion cubic feet, natural gas inventories are 14.7% under the five-year average but 8.5% above the year-ago figure.

  • Why This High-Yield Dividend Stock Is Super Excited About Its Latest Acquisition
    Motley Fool6 days ago

    Why This High-Yield Dividend Stock Is Super Excited About Its Latest Acquisition

    Crestwood Equity Partners runs through the benefits of its latest transaction.

  • Will Inventories Support Natural Gas on May 16?
    Market Realist10 days ago

    Will Inventories Support Natural Gas on May 16?

    Has Natural Gas Maintained Its Recovery?(Continued from Prior Part)Inventories spreadIn the week ending May 3, the inventories spread was -16.4%. During this period, the inventories spread contracted by ~1.4 percentage points compared to the

  • GuruFocus.com10 days ago

    G.F.W. Energy XI, L.P. Buys Chesapeake Energy Corp, Sells WildHorse Resource Development Corp

    Investment company G.F.W. Energy XI, L.P. buys Chesapeake Energy Corp, sells WildHorse Resource Development Corp during the 3-months ended 2019Q1, according to the most recent filings of the investment ...

  • Has Natural Gas Maintained Its Recovery?
    Market Realist10 days ago

    Has Natural Gas Maintained Its Recovery?

    Has Natural Gas Maintained Its Recovery?Natural gas pricesOn May 15, natural gas June futures fell 2.2% and settled at $2.60 per MMBtu (million British thermal units)—4.4% above the lowest closing level for active natural gas futures since June 6,

  • What Will It Take to Finally Move Chesapeake Energy Stock Higher?
    InvestorPlace11 days ago

    What Will It Take to Finally Move Chesapeake Energy Stock Higher?

    It may seem like the outlook of Chesapeake Energy (NYSE:CHK) stock is becoming more favorable. Oil prices are higher, the early returns from CHK's recent acquisition are solid, and its last couple of quarterly results have looked decent at worst.Source: Chesapeake EnergyBut all that has done little for CHK stock, which continues to trend in the wrong direction.The recent fade of CHK stock only adds to the long-held frustrations of the owners of CHK. Chesapeake Energy stock has looked attractive for most of the last three years; I've recommended it myself on several occasions, while also highlighting the many risks posed by CHK stock.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Retirement Stocks That Won't Wilt in a Bear Market And Chesapeake Energy stock has made gains from time to time, climbing from $3 to $5+ last year, and doubling off its late December lows in the first part of 2019.Once again, however, CHK stock hasn't been able to hold its gains. And it's worth wondering when, if ever, that will change. The Case for Chesapeake Energy StockIn mid-2014, the shale bubble started to burst, and CHK stock was hammered. It was valued at $30 in mid-2014; in less than two years, CHK traded below $2 as bankruptcy rumors swirled.Since then, debt has been a big part of the contentions on Chesapeake Energy stock, by both sides. Bears and skeptics argue that CHK is one more oil price downturn away from bankruptcy fears returning. But in any case, the debt continues to weigh on the company and on CHK stock, limiting its ability to be as aggressive as it would like to be.For bulls, particularly from a valuation standpoint, the debt is a plus. CHK has a market cap of about $4 billion, which combined with that $10 billion in debt gives it an enterprise value of $14 billion. If one values Chesapeake's business at $1.4 billion, the value of CHK stock would jump 35% to $5.4 billion.So, fundamentally, the volatility of CHK stock makes some sense. And the recent downturn to $2.44 makes Chesapeake Energy stock more attractive, at least on paper. Another debt refinancing has pushed out maturities, giving the company breathing room. CHK continues to shift toward higher oil production, away from its legacy focus on natural gas, even as optimism toward U.S. shale oil is rising.CHK's acquisition of Wildhorse Resource Development seems to be a solid move, as I wrote when the deal was announced. It provides a larger asset base to back the debt - and more earnings to pay it off. And the company has shifted capital expenditure dollars to the Powder River Basin, where its acreage is performing exceedingly well at the moment.It seems like Chesapeake Energy itself is making progress. Yet Chesapeake Energy stock, save for the December bounce, isn't. Is This Time Different for CHK Stock?There are two broad issues at play when it comes to CHK stock. The first is that even with the recent bounce in oil prices, exploration and production stocks aren't doing all that well. Chesapeake Energy stock has lost about 28% of its value over the past year; but that performance is about average for its sector . Oil prices have fallen over that stretch, weighing on the sector's stocks.The second is that investors' patience with CHK stock likely is running out. Every Chesapeake earnings report seems to highlight CHK's potential. But its results simply haven't improved.Chesapeake has been targeting positive free cash flow for years, but it hasn't achieved that goal and probably won't this year. CHK has predicted that its adjusted EBITDAX (earnings before interest, taxes, depreciation, amortization, and exploration expense) will come in at $2.55 billion-$2.75 billion. But its interest expense of $500 million-plus and its expected capital expenditures of $2.1-$2.3 billion more than offset that.Chesapeake has been promising to pay down its debt for years. At the end of 2015, its long-term debt was $10.35 billion. CHK's debt is now nearly $10 billion, thanks to debt it assumed as part of the Wildhorse deal.The problem with the company's fundamentals, and with CHK stock, is that on paper, there's reason for optimism, but in practice, that optimism never seems to last. The Bottom Line on CHK StockSo what should investors do with Chesapeake Energy stock,? That's a tough question.On paper, bulls' contentions make some sense. And one thing CHK stock has proven is that it can bounce, even if those bounces soon fade. Certainly, nimble traders likely have done well with CHK, and that may be the case going forward as well.For investors, however, the decision is a little tougher. The acquisition of Anadarko Petroleum (NYSE:APC) by Occidental Petroleum (NYSE:OXY) could lead to more M&A activity in U.S. shale. But Chesapeake, given its huge levels of debt, probably won't become a takeover target.Even with Chevron (NYSE:CVX) likely on the prowl after losing out on Anadarko, and majors like Exxon Mobil (NYSE:XOM) potentially looking for shale assets, there are reasons for them to pass on CHK, at least in the near-term. And with the sector's stock prices still down over the past year, there are other, less-indebted, names that might be worth considering.I'm personally not ready to abandon my long-term bullishness on CHK stock just yet. But at a certain point, it's too difficult to keep fighting the tape. CHK stock has become a "show me" stock at this point, and other stocks seem to be better choices right now.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Retirement Stocks That Won't Wilt in a Bear Market * 5 Consumer Stocks Ready to Push Higher * 3 of the Best ETFs to Buy for a Play on Gold Stocks Compare Brokers The post What Will It Take to Finally Move Chesapeake Energy Stock Higher? appeared first on InvestorPlace.

  • Chesapeake’s Fall: Why Investors Should Watch the Stock Closely
    Market Realist12 days ago

    Chesapeake’s Fall: Why Investors Should Watch the Stock Closely

    Chesapeake's Fall: Why Investors Should Watch the Stock CloselyChesapeake Energy nearing 2019 lowOn May 13, Chesapeake Energy (CHK) stock closed at $2.40, 12.7% above its lowest closing price of 2019. Although stock prices rebounded after

  • Is Chesapeake Energy Corporation's (NYSE:CHK) CEO Overpaid Relative To Its Peers?
    Simply Wall St.12 days ago

    Is Chesapeake Energy Corporation's (NYSE:CHK) CEO Overpaid Relative To Its Peers?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • GuruFocus.com12 days ago

    Carlyle Group L.P. Buys Chesapeake Energy Corp, Sells Golden Ocean Group

    Investment company Carlyle Group L.P. buys Chesapeake Energy Corp, sells Golden Ocean Group during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Carlyle Group ...

  • U.S. Natural Gas Prices Stay Low Amid Mild Spring Demand
    Zacks12 days ago

    U.S. Natural Gas Prices Stay Low Amid Mild Spring Demand

    The mild spring weather continues to limit heating and air conditioning demand for natural gas.

  • Chesapeake (CHK) Q1 Earnings Miss Estimates on Lower Output
    Zacks15 days ago

    Chesapeake (CHK) Q1 Earnings Miss Estimates on Lower Output

    Chesapeake Energy's (CHK) first-quarter 2019 earnings are affected by lower production volumes and a decline in natural gas prices.

  • What $1,000 in Stocks Invested 10 Years Ago Would Be Worth Today
    GOBankingRates16 days ago

    What $1,000 in Stocks Invested 10 Years Ago Would Be Worth Today

    See how Apple stock and other big-name stocks have performed.

  • Chesapeake Energy Stock Rebounded despite Earnings Miss
    Market Realist17 days ago

    Chesapeake Energy Stock Rebounded despite Earnings Miss

    Chesapeake Energy Stock Rebounded despite Earnings MissChesapeake Energy stock reboundedOn May 8, Chesapeake Energy (CHK) reported its first-quarter earnings results. The company reported an adjusted net loss of $0.02 per share—compared to an

  • Chesapeake Energy Corp (CHK) Q1 2019 Earnings Call Transcript
    Motley Fool17 days ago

    Chesapeake Energy Corp (CHK) Q1 2019 Earnings Call Transcript

    CHK earnings call for the period ending March 31, 2019.

  • Reuters17 days ago

    Chesapeake sees growth from less-crowded Wyoming basin in second half

    Chesapeake has been moving money from its Marcellus Shale and Mid-Continent areas to the oil-rich Powder River Basin, which hit a record of 42,000 barrels of oil equivalent per day (boepd) in May. "Given recent optimism around the PRB (Powder River Basin) and a continued desire to shift towards more oily opportunities, this move is not surprising," Raymond James analysts wrote in a note. Oil companies have been looking to buy into the Powder River Basin, where pipelines are not congested and land is cheaper than the Permian Basin of Texas and New Mexico.

  • 3 Numbers From Chesapeake Energy's Q1 Report That You Won't Want to Miss
    Motley Fool17 days ago

    3 Numbers From Chesapeake Energy's Q1 Report That You Won't Want to Miss

    The oil and gas driller continues to head in the right direction.