Weekly Investment Analysts’ Ratings Changes for Chesapeake Energy (EXE)

Chesapeake Energy (NASDAQ: EXE) recently received a number of ratings updates from brokerages and research firms:

• 10/31/2024 – Chesapeake Energy had its price target raised by analysts at Mizuho from $105.00 to $110.00. They now have an “outperform” rating on the stock.
• 10/30/2024 – Chesapeake Energy had its price target raised by analysts at Stephens from $85.00 to $86.00. They now have an “equal weight” rating on the stock.
• 10/28/2024 – Chesapeake Energy is now covered by analysts at Bank of America Co.. They set a “buy” rating and a $114.00 price target on the stock.
• 10/17/2024 – Chesapeake Energy had its price target raised by analysts at Stephens from $84.00 to $85.00. They now have an “equal weight” rating on the stock.
• 10/8/2024 – Chesapeake Energy had its price target raised by analysts at UBS Group AG from $85.00 to $89.00. They now have a “neutral” rating on the stock.
• 10/8/2024 – Chesapeake Energy had its price target raised by analysts at Citigroup Inc. from $90.00 to $97.00. They now have a “buy” rating on the stock.
• 9/27/2024 – Chesapeake Energy was upgraded by analysts at Roth Capital to a “strong-buy” rating.

Chesapeake Energy Price Performance

EXE stock opened at $85.84 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.16 and a current ratio of 2.00. The stock has a market cap of $11.27 billion, a P/E ratio of 52.99 and a beta of 0.46. Chesapeake Energy Corporation has a twelve month low of $69.12 and a twelve month high of $93.58.

Chesapeake Energy (NASDAQ:EXE) last released its quarterly earnings data on Tuesday, October 29th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.15. The company had revenue of $648.00 million for the quarter, compared to the consensus estimate of $708.98 million. Chesapeake Energy had a return on equity of 2.74% and a net margin of 6.07%. The company’s quarterly revenue was down 57.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.09 earnings per share. As a group, equities research analysts expect that Chesapeake Energy Corporation will post 0.72 EPS for the current fiscal year.

Chesapeake Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.575 per share. This represents a $2.30 annualized dividend and a dividend yield of 2.68%. The ex-dividend date of this dividend is Thursday, November 14th. Chesapeake Energy’s payout ratio is 141.98%.

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.