Chesapeake Energy Co. (NYSE:CHK) – Capital One Financial issued their Q2 2018 earnings per share estimates for Chesapeake Energy in a note issued to investors on Wednesday. Capital One Financial analyst P. Johnston anticipates that the oil and gas exploration company will post earnings per share of $0.16 for the quarter. Capital One Financial also issued estimates for Chesapeake Energy’s Q3 2018 earnings at $0.13 EPS and Q4 2018 earnings at $0.13 EPS.

Other analysts have also recently issued reports about the company. ValuEngine cut Chesapeake Energy from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Credit Suisse Group began coverage on Chesapeake Energy in a research report on Monday, December 11th. They issued an “underperform” rating and a $3.00 price target on the stock. Piper Jaffray Companies reissued a “hold” rating and issued a $5.00 price objective on shares of Chesapeake Energy in a research note on Tuesday, January 9th. SunTrust Banks reissued a “buy” rating and issued a $6.00 price objective on shares of Chesapeake Energy in a research note on Wednesday, January 3rd. Finally, Scotiabank set a $4.00 price objective on Chesapeake Energy and gave the stock a “hold” rating in a research note on Wednesday, November 22nd. Seven research analysts have rated the stock with a sell rating, twelve have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $5.29.

Shares of Chesapeake Energy (CHK) opened at $2.85 on Friday. Chesapeake Energy has a 1 year low of $2.53 and a 1 year high of $6.59. The firm has a market capitalization of $2,620.00, a price-to-earnings ratio of -4.91 and a beta of 1.83. The company has a debt-to-equity ratio of -4.17, a current ratio of 0.53 and a quick ratio of 0.53.

Several institutional investors and hedge funds have recently modified their holdings of CHK. Thrivent Financial For Lutherans lifted its stake in shares of Chesapeake Energy by 4.2% during the second quarter. Thrivent Financial For Lutherans now owns 30,015 shares of the oil and gas exploration company’s stock valued at $149,000 after acquiring an additional 1,200 shares during the period. Northern Trust Corp lifted its stake in shares of Chesapeake Energy by 5.6% during the second quarter. Northern Trust Corp now owns 8,219,258 shares of the oil and gas exploration company’s stock valued at $40,850,000 after acquiring an additional 433,272 shares during the period. FMR LLC lifted its stake in shares of Chesapeake Energy by 183.9% during the second quarter. FMR LLC now owns 738,024 shares of the oil and gas exploration company’s stock valued at $3,668,000 after acquiring an additional 478,107 shares during the period. M&T Bank Corp lifted its stake in shares of Chesapeake Energy by 8.2% during the second quarter. M&T Bank Corp now owns 39,420 shares of the oil and gas exploration company’s stock valued at $195,000 after acquiring an additional 3,001 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Chesapeake Energy by 4.5% during the second quarter. Dimensional Fund Advisors LP now owns 4,554,742 shares of the oil and gas exploration company’s stock valued at $22,637,000 after acquiring an additional 198,178 shares during the period. 63.80% of the stock is currently owned by institutional investors and hedge funds.

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About Chesapeake Energy

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.

Earnings History and Estimates for Chesapeake Energy (NYSE:CHK)

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