Chesapeake EnergyCHK
Market Cap: 10.2B
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 Q1 SEC filings by fund managers ($100M+ AUM)
99% more call options, than puts
Call options by funds: $295M | Put options by funds: $148M
89.49% more ownership
Funds ownership: 18.61% [Q4 2023] → 108.1% (+89.49%) [Q1 2024]
30% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 77
23% more capital invested
Capital invested by funds: $10.2B [Q4 2023] → $12.6B (+$2.35B) [Q1 2024]
5% more funds holding
Funds holding: 456 [Q4 2023] → 479 (+23) [Q1 2024]
17% less funds holding in top 10
Funds holding in top 10: 12 [Q4 2023] → 10 (-2) [Q1 2024]
21% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 174
Research analyst outlook
13 Wall Street Analysts provided 1 year price forecasts over the past 6 months
13 analyst ratings
Truist Securities Neal Dingmann | 39%upside $108 | Buy Maintained | 22 Jul 2024 |
Mizuho Nitin Kumar | 43%upside $111 | Buy Maintained | 13 May 2024 |
Benchmark Subash Chandra | 20%upside $93 | Buy Maintained | 2 May 2024 |
Mizuho Nitin Kumar | 30%upside $101 | Buy Maintained | 1 May 2024 |
Stephens & Co. Mike Scialla | 50%upside $117 | Equal-Weight Maintained | 1 May 2024 |
Financial journalist opinion
Based on 5 articles about CHK published over the past 30 days