Q4 EPS Forecast for Chesapeake Energy Lifted by Analyst

Chesapeake Energy Corporation (NASDAQ:EXE) – Equities research analysts at Roth Capital boosted their Q4 2024 EPS estimates for Chesapeake Energy in a note issued to investors on Thursday, February 13th. Roth Capital analyst L. Mariani now expects that the company will post earnings of $0.79 per share for the quarter, up from their prior estimate of $0.62. The consensus estimate for Chesapeake Energy’s current full-year earnings is $1.31 per share. Roth Capital also issued estimates for Chesapeake Energy’s Q1 2025 earnings at $1.74 EPS, Q2 2025 earnings at $0.96 EPS, Q3 2025 earnings at $1.22 EPS, Q4 2025 earnings at $2.18 EPS and FY2025 earnings at $6.10 EPS.

Several other research firms also recently issued reports on EXE. Morgan Stanley initiated coverage on shares of Chesapeake Energy in a research note on Friday, January 10th. They set an “overweight” rating and a $127.00 price objective for the company. Wells Fargo & Company boosted their price objective on shares of Chesapeake Energy from $100.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 16th. Scotiabank upgraded shares of Chesapeake Energy from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the stock from $105.00 to $130.00 in a research note on Friday, January 17th. Raymond James initiated coverage on shares of Chesapeake Energy in a research note on Tuesday, February 4th. They set a “strong-buy” rating and a $135.00 price objective for the company. Finally, Benchmark reiterated a “buy” rating and set a $93.00 price objective on shares of Chesapeake Energy in a research note on Wednesday, January 15th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $116.18.

Chesapeake Energy Stock Performance

Chesapeake Energy stock opened at $105.33 on Monday. Chesapeake Energy has a 1 year low of $69.12 and a 1 year high of $109.47. The firm has a 50 day moving average of $101.56. The stock has a market capitalization of $24.34 billion, a P/E ratio of 65.02 and a beta of 0.52. The company has a current ratio of 2.00, a quick ratio of 2.00 and a debt-to-equity ratio of 0.20.

Insider Activity at Chesapeake Energy

In related news, Director Catherine A. Kehr sold 43,623 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $99.58, for a total value of $4,343,978.34. Following the sale, the director now directly owns 5,201 shares of the company’s stock, valued at $517,915.58. This represents a 89.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 58.00% of the stock is currently owned by corporate insiders.

About Chesapeake Energy

Expand Energy Corporation is an independent natural gas producer principally in the United States. Expand Energy Corporation, formerly known as Chesapeake Energy Corporation, is based in OKLAHOMA CITY.