- Chesapeake Energy ( NASDAQ: CHK ) is scheduled to announce Q4 earnings results on Tuesday, February 21st, after market close.
- The consensus EPS Estimate is $2.90 (+21.3% Y/Y) and the consensus Revenue Estimate is $1.8B.
- Over the last 2 years, CHK has beaten EPS estimates 63% of the time and has beaten revenue estimates 25% of the time.
- Over the last 3 months, EPS estimates have seen 1 upward revision and 11 downward. Revenue estimates have seen 1 upward revision and 4 downward.
- The company's stock rose nearly 5% on Nov. 1, when it posted Q3 Non-GAAP EPS of $5.06, adjusted EBITDAX of $1.256B, and $773M in adjusted free cash flow.
- CHK has a Quant rating of HOLD, with a 3.19 rating score.
- CHK has an industry ranking of 43 out of 73 in the oil & gas exploration and production sector, as per SA's Quant ranking.
- Wall Street analysts and Seeking Alpha authors rate the CHK stock BUY .
- Mizuho in January initiated coverage of CHK with a "Buy" rating and a NAV-based price target of $155/sh.
- "Although we are more bearish on the U.S. gas macro outlook, CHK's low-cost inventory in two of the leading gas shale plays (Appalachia and Haynesville) is complemented by a peer-leading cash return framework. Continued investment into 'held for sale' Eagle Ford assets dilutes corporate capital efficiencies, but successful divestiture could also unlock further shareholder value ," Mizuho said in its report.
- Recent earnings analysis from our contributors: Chesapeake Q4 Preview: What To Look For by Michael Wiggins De Oliveira.
- Chesapeake Energy: Best Oil And Gas Nearby Capital Gain Prospect by Peter Way.
- CHK stock rose 62% in 2022, while the benchmark S&P 500 index slipped nearly 20%.
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Chesapeake Energy Q4 earnings on deck, what to expect