You Should Know These Things About Chesapeake Energy Corporation (CHK)

As of Friday close, Chesapeake Energy Corporation’s (NASDAQ:CHK) stock was up $3.98, moving up 4.52 percent to $92.00. The average number of shares traded per day over the past five days has been 2,627,660 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.17 fall in that time frame. In the last twenty days, the average volume was 1,970,085, while in the previous 50 days, it was 2,467,198.

Since last month, CHK stock rose 17.20%. Shares of the company fell to $72.50 on 07/06/22, the lowest level in the past month. A 52-week high of $105.00 was reached on 05/31/22 after having rallying from a 52-week low of $48.86. Since the beginning of this year, CHK’s stock price has risen by 48.00% or $27.48, and marked a new high 26 times. However, the stock has declined by -12.38% since its 52-week high.


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Chesapeake Energy Corporation (CHK) last reported insider trading activity 40 days ago on Jun 27. Wichterich Michael, the Executive Chairman of the company, purchased of 2,000 shares for $85.65 on Jun 27. It resulted in a $171,300 investment by the insider. Wichterich Michael added 3,000 shares at an average price of $81.50 on Jun 24. The insider now owns 23,318 shares following the transaction. On Jun 24, President and CEO DELL’OSSO DOMENIC J JR bought 3,000 shares at $82.04 apiece. The transaction was valued at $246,126.

Valuation Metrics

The latest dividend of $2.32 per share was paid out, which is -0.85% less than last year’s $2.34. On Tuesday August 2 2022, a $0.02 dividend decrease was announced.

Financial Health

In the three months ended March 30, Chesapeake Energy Corporation’s quick ratio stood at 0.30, while its current ratio was 0.30, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.52. On the profitability front, the trailing twelve-month gross margin is 72.30% percent. In the year ended March 30, operating margins totaled -2.70%. Based on annual data, CHK earned $704.0 million in gross profit and brought in $5.81 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 80.20%. Return on equity (ROE) for the past 12 months was -2.60%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Chesapeake Energy Corporation to report $2.39 quarterly earnings, the actual figure was $3.09 per share, beating the consensus estimate by 29.30%. During the quarter, the company generated $2.14 billion in EBITDA. The liabilities of Chesapeake Energy Corporation were 8.09 billion at the end of its most recent quarter ended March 30, and its total debt was $3.09 billion. The value of shareholders’ equity is $120.85 million.

Technical Picture

This quick technical analysis looks at Chesapeake Energy Corporation’s (CHK) price momentum. With a historical volatility rate of 39.45%, the RSI 9-day stood at 57.05% on 05 August.

With respect to its five-day moving average, the current Chesapeake Energy Corporation price is down by -2.30% percent or -$2.17. At present, CHK shares trade +17.27% above its 20-day simple moving average and +20.64% percent above its 100-day simple moving average. However, the stock is currently trading approximately -6.00% below its SMA50 and +48.82% above its SMA200.

Stochastic coefficient K was 55.66% and Stochastic coefficient D was 64.15%, while ATR was 4.43. Given the Stochastic reading of 64.75% for the 14-day period, the RSI (14) reading has been calculated as 55.57%. As of today, the MACD Oscillator reading stands at -1.02, while the 14-day reading stands at -0.73.

Analyst Ratings

The Benchmark Company launched its rating on Chesapeake Energy Corporation (NASDAQ: CHK) to a Buy in a note to investors on August 02, 2022. Chesapeake Energy Corporation (CHK) has been rated Buy by analysts. According to 0 brokerage firms, CHK is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Chesapeake Energy Corporation stock as buy, with 11 recommending it as overweight.

With a median target price of $125.00, the current consensus forecast for the stock is $106.00 – $179.00. Based on these forecasts, analysts predict Chesapeake Energy Corporation (CHK) will achieve an average price target of $127.62.

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