Press coverage about Chesapeake Energy Corporation (NYSE:CHK) has trended somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Chesapeake Energy Corporation earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the oil and gas exploration company an impact score of 45.7857505009066 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Chesapeake Energy Corporation (CHK) Short Interest Down 4.3% in October (americanbankingnews.com)
- Chesapeake Energy Corporation’s (CHK) Hold Rating Reiterated at BMO Capital Markets (americanbankingnews.com)
- Chesapeake Energy: Riding High along with Crude Oil Prices (finance.yahoo.com)
- Which Natural-Gas-Weighted Stocks Are Following Oil? (finance.yahoo.com)
- Chesapeake Energy Stock: Wall Street Analysts’ Recommendations (finance.yahoo.com)
Several research analysts have recently weighed in on the company. Citigroup Inc. lowered their price objective on Chesapeake Energy Corporation from $8.00 to $5.00 and set a “neutral” rating for the company in a research report on Friday, July 21st. Imperial Capital assumed coverage on Chesapeake Energy Corporation in a research report on Tuesday, September 19th. They issued an “in-line” rating and a $5.00 price objective for the company. Jefferies Group LLC reissued a “hold” rating and issued a $5.00 price objective on shares of Chesapeake Energy Corporation in a research report on Friday, July 21st. ValuEngine raised Chesapeake Energy Corporation from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, Vetr lowered Chesapeake Energy Corporation from a “buy” rating to a “hold” rating and set a $5.23 price objective for the company. in a research report on Monday, July 31st. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $5.81.
Chesapeake Energy Corporation (CHK) opened at $3.85 on Thursday. The stock has a market capitalization of $3,570.00, a PE ratio of 6.92 and a beta of 2.18. The company has a debt-to-equity ratio of -4.17, a quick ratio of 0.53 and a current ratio of 0.53. Chesapeake Energy Corporation has a 12 month low of $3.41 and a 12 month high of $8.20.
Chesapeake Energy Corporation (NYSE:CHK) last released its quarterly earnings results on Thursday, November 2nd. The oil and gas exploration company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.02. The business had revenue of $979.00 million during the quarter, compared to the consensus estimate of $1.05 billion. Chesapeake Energy Corporation had a negative return on equity of 19.93% and a net margin of 2.77%. The company’s quarterly revenue was down 16.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.09 EPS. equities research analysts expect that Chesapeake Energy Corporation will post 0.74 earnings per share for the current fiscal year.
Chesapeake Energy Corporation 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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