Chesapeake EnergyCHK
Market Cap: $9.3B
About: Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Employees: 1,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
74% more call options, than puts
Call options by funds: $347M | Put options by funds: $199M
1.13% more ownership
Funds ownership: 108.9% [Q1] → 110.03% (+1.13%) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 161
0% more funds holding in top 10
Funds holding in top 10: 10 [Q1] → 10 (+0) [Q2]
6% less funds holding
Funds holding: 485 [Q1] → 457 (-28) [Q2]
6% less capital invested
Capital invested by funds: $12.6B [Q1] → $11.9B (-$795M) [Q2]
31% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 90
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Scotiabank Cameron Bean 42% 1-year accuracy 5 / 12 met price target | 48%upside $105 | Sector Perform Maintained | 20 Aug 2024 |
Stephens & Co. Mike Scialla 24% 1-year accuracy 5 / 21 met price target | 67%upside $118 | Equal-Weight Maintained | 30 Jul 2024 |
Truist Securities Neal Dingmann 31% 1-year accuracy 40 / 131 met price target | 52%upside $108 | Buy Maintained | 22 Jul 2024 |
Financial journalist opinion
Based on 5 articles about CHK published over the past 30 days