FY2024 EPS Estimates for Chesapeake Energy Corporation (NASDAQ:EXE) Reduced by Capital One Financial

Chesapeake Energy Corporation (NASDAQ:EXE) – Investment analysts at Capital One Financial reduced their FY2024 earnings per share (EPS) estimates for shares of Chesapeake Energy in a report released on Tuesday, October 8th. Capital One Financial analyst P. Johnston now forecasts that the company will post earnings of $0.67 per share for the year, down from their prior forecast of $0.79. Capital One Financial also issued estimates for Chesapeake Energy’s Q2 2025 earnings at $0.13 EPS.

Several other brokerages have also recently issued reports on EXE. Roth Capital upgraded shares of Chesapeake Energy to a “strong-buy” rating in a report on Friday, September 27th. Citigroup increased their price objective on shares of Chesapeake Energy from $90.00 to $97.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, UBS Group lifted their price objective on shares of Chesapeake Energy from $85.00 to $89.00 and gave the company a “neutral” rating in a report on Tuesday.

Chesapeake Energy Stock Performance

Shares of Chesapeake Energy stock opened at $86.61 on Thursday. The firm has a market cap of $11.37 billion, a PE ratio of -149.33 and a beta of 0.47. Chesapeake Energy has a 12 month low of $69.12 and a 12 month high of $93.58.