Chesapeake Energy (EXE) Projected to Post Earnings on Wednesday

Chesapeake Energy (NASDAQ:EXE) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Chesapeake Energy to post earnings of $0.53 per share and revenue of $1.82 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Chesapeake Energy Price Performance

NASDAQ:EXE opened at $103.90 on Tuesday. The stock has a 50 day moving average price of $102.46. The company has a market cap of $24.01 billion, a P/E ratio of 64.14 and a beta of 0.52. Chesapeake Energy has a 1-year low of $69.12 and a 1-year high of $109.47. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.20.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EXE. Mizuho boosted their price objective on Chesapeake Energy from $110.00 to $128.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. Piper Sandler began coverage on Chesapeake Energy in a research report on Tuesday, January 28th. They issued a “neutral” rating and a $96.00 price objective for the company. Bank of America assumed coverage on Chesapeake Energy in a research report on Monday, October 28th. They issued a “buy” rating and a $114.00 price objective for the company. Stephens boosted their target price on Chesapeake Energy from $85.00 to $86.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Finally, TD Cowen assumed coverage on Chesapeake Energy in a research note on Friday, January 17th. They set a “hold” rating and a $108.00 target price on the stock. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.18.

Chesapeake Energy Company Profile

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.