Zacks Rating on Chesapeake Energy Corporation (CHK)

Chesapeake Energy Corporation (CHK) : Zacks Investment Research ranks Chesapeake Energy Corporation (CHK) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 2 Sell recommendation. 6 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 19 research analysts is 3.42, which indicates as a Hold.

Chesapeake Energy Corporation (CHK) : The consensus price target for Chesapeake Energy Corporation (CHK) is $5.5 for the short term with a standard deviation of $1.31. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $8, however, the pessimist price target for the company is $3.


Shares of Chesapeake Energy Corporation rose by 9.31% in the last five trading days and 25.68% for the last 4 weeks. Chesapeake Energy Corporation is up 59.51% in the last 3-month period. Year-to-Date the stock performance stands at 43.56%. Chesapeake Energy Corporation (NYSE:CHK): stock turned positive on Tuesday. Though the stock opened at $6.04, the bulls momentum made the stock top out at $6.58 level for the day. The stock recorded a low of $6.03 and closed the trading day at $6.46, in the green by 6.08%. The total traded volume for the day was 64,550,650. The stock had closed at $6.09 in the previous days trading.

Chesapeake Energy Corporation is a producer of natural gas, oil and natural gas liquids (NGL) in the United States. The Company operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. The exploration and production segment is responsible for finding and producing oil, natural gas and NGL. The marketing, gathering and compression operating segment is responsible for marketing, gathering and compression of oil, natural gas and NGL. The Company owns interests in approximately 45,100 oil and natural gas wells that produced an average of approximately 729 thousand barrels of oil equivalent (mboe). The Company also own oil and natural gas marketing and natural gas gathering and compression businesses. As of December 31, 2014, the Company held an interest in approximately 45,100 gross productive wells, including 33,600 properties in which it held a working interest and 11,500 properties in which it held an overriding royalty interest.

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