Chesapeake Energy (EXE) Projected to Post Quarterly Earnings on Tuesday

Chesapeake Energy (NASDAQ:EXE) will likely be releasing its earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $1.82 billion for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Chesapeake Energy Price Performance

Chesapeake Energy stock opened at $105.12 on Tuesday. The business’s fifty day moving average is $100.79. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.20. Chesapeake Energy has a 52-week low of $69.12 and a 52-week high of $109.47. The firm has a market capitalization of $24.29 billion, a price-to-earnings ratio of 64.89 and a beta of 0.52.

Insider Activity at Chesapeake Energy

In other Chesapeake Energy news, Director Catherine A. Kehr sold 43,623 shares of Chesapeake Energy stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $99.58, for a total transaction of $4,343,978.34. Following the transaction, the director now directly owns 5,201 shares in the company, valued at approximately $517,915.58. The trade was a 89.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 58.00% of the company’s stock.

Wall Street Analyst Weigh In

EXE has been the topic of a number of recent analyst reports. Bank of America started coverage on shares of Chesapeake Energy in a research report on Monday, October 28th. They issued a “buy” rating and a $114.00 price target on the stock. Citigroup raised their price target on Chesapeake Energy from $115.00 to $125.00 and gave the company a “buy” rating in a report on Thursday, January 16th. Benchmark reissued a “buy” rating and issued a $93.00 price objective on shares of Chesapeake Energy in a research note on Wednesday, January 15th. JPMorgan Chase & Co. started coverage on Chesapeake Energy in a research note on Thursday, January 16th. They issued an “overweight” rating and a $112.00 target price for the company. Finally, The Goldman Sachs Group initiated coverage on shares of Chesapeake Energy in a report on Friday, January 31st. They set a “buy” rating and a $121.00 price objective on the stock. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $115.59.

Chesapeake Energy Company Profile

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.