Oppenheimer Gives Outperform Rating to Chesapeake Energy (CHK)

By admin | 6 years ago

Chesapeake Energy (NYSE: CHK)‘s stock had its “outperform” rating reaffirmed by Oppenheimer (NYSE: OPY) in a research note issued on Tuesday.

CHK has been the subject of a number of other recent research reports. Analysts at Deutsche Bank (NYSE: DB) upgraded shares of Chesapeake Energy to a “hold” rating in a research note to investors on Wednesday, May 16th. Separately, analysts at Pritchard Capital cut their price target on shares of Chesapeake Energy to $20.00 in a research note to investors on Tuesday, May 15th. Finally, analysts at UBS AG (NYSE: UBS) reiterated a “neutral” rating on shares of Chesapeake Energy in a research note to investors on Monday, May 14th.

Chesapeake Energy traded down 2.01% on Tuesday, hitting $14.62. Chesapeake Energy has a 52-week low of $13.32 and a 52-week high of $35.75. The company has a market cap of $9.386 billion and a price-to-earnings ratio of 6.00.

Chesapeake Energy last posted its quarterly earnings results on Tuesday, May 1st. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.10. The company’s revenue for the quarter was up 50.1% on a year-over-year basis. Analysts expect that Chesapeake Energy will post $0.09 EPS next quarter.

Chesapeake Energy Corporation (Chesapeake) is a natural gas and oil exploration and production company.

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