CHK - Chesapeake Energy Q3 Earnings Preview: Natural Gas Potential Meets Balance Sheet Concerns | Benzinga
Oklahoma City-based energy company, Chesapeake Energy Corp (NASDAQ:CHK), is scheduled to report its third-quarter earnings after the bell on Oct. 31.
The company is primarily engaged in the exploration, development, and production of natural gas and oil. At its peak, Chesapeake Energy was one of the largest natural gas producers in the U.S., particularly recognized for pioneering efforts in leveraging hydraulic fracturing (fracking) technology to extract natural gas from shale formations.
However, the company faced financial challenges and underwent various restructuring efforts over the years. Here’s a look at key metrics that Wall Street analysts will be closely watching, what they expect from the earnings report, and how the stock is placed currently, ...