Short Term Outlook For Chesapeake Energy Corporation (NYSE:CHK)


Chesapeake Energy Corporation (NYSE:CHK) closed its last session at $2.8. The stock traded within a range of $2.66 and $2.87. The company operates in the Energy sector with a market capitalization of 2.55 Million. Trading volume for Chesapeake Energy Corporation was 26.87 Million in its previous trading session. Currently, Chesapeake Energy Corporation (NYSE:CHK) has an average volume of 30.75 Million.

Company Profile

Chesapeake Energy Corporation is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns leading positions in the Marcellus, Haynesville, Bossier, and Barnett natural gas shale plays and in the Eagle Ford, Utica, Mississippi Lime, Granite Wash, Cleveland, Tonkawa, Niobrara, Bone Spring, Avalon, Wolfcamp and Wolfberry unconventional liquids plays. The company has also vertically integrated its operations and owns substantial marketing, midstream and oilfield services businesses directly and indirectly through its subsidiaries Chesapeake Energy Marketing, Inc., Chesapeake Midstream Development, L.P. and Chesapeake Oilfield Services, L.L.C. and its affiliate Chesapeake Midstream Partners, L.P.

Analyst Views

Chesapeake Energy Corporation (NYSE:CHK) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Chesapeake Energy Corporation (NYSE:CHK) touched its 1-Year High price of $6.59 on 04/05/17 and its 1-Year Low price of $2.53 on 02/09/18.

EPS & Financials

Chesapeake Energy Corporation (NYSE:CHK) reported its EPS in the last quarter as $0.12/Share beating the analyst estimate of $0.11/Share by a difference of $0.01. This showed a surprise of 9.1% in the last quarter earnings.

For the current quarter, 27 analysts are projecting a mean EPS of $0.24/share. According to their observations and findings, the stock could provide a high EPS of $0.35/share and a low EPS of $0.11/share.

Analysts believe that the company has the potential to earn average revenue of $2.28 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.51 Billion and 2.17 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Chesapeake Energy Corporation (NYSE:CHK) has a 20-Day average volume of 38.48 Million. According to today’s trading volume Chesapeake Energy Corporation is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 0.6 Percent and Institutional ownership of 66.5 Percent. The return on assets stands at -3.9%, Return on Equity currently is 16.2% and the Return on Investment value is -56.9%.

Chesapeake Energy Corporation (NYSE:CHK) gross margin percentage stands at 75.9% while its operating margin for the past trailing twelve month is 2.8 percent and its overall profit margin (ttm) is -5.2 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -20.32% with a 50-Day Simple Moving Average of -25.29 percent. As of today, the company has a SMA200 (200-day simple moving average) of -34.51 Percent. The Stock has YTD (year to date) performance of -29.29 percent.

The TTM operating margin for the company stands at 2.8%. The return on invested capital is at -56.9%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 1272.6.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -34.51%, and has a solid year to date (YTD) performance of -29.29% which means that the stock is constantly adding to its value from the previous fiscal year end price.