Chesapeake Energy Corporation (NASDAQ:EXE – Free Report) – Equities research analysts at Capital One Financial upped their FY2025 earnings per share (EPS) estimates for shares of Chesapeake Energy in a report issued on Friday, May 2nd. Capital One Financial analyst P. Johnston now forecasts that the company will earn $10.26 per share for the year, up from their prior forecast of $9.97. The consensus estimate for Chesapeake Energy’s current full-year earnings is $1.33 per share.
Chesapeake Energy (NASDAQ:EXE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.17. Chesapeake Energy had a net margin of 6.07% and a return on equity of 2.74%. The company had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.10 billion.
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Chesapeake Energy Price Performance
Shares of NASDAQ EXE opened at $105.88 on Monday. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.20. Chesapeake Energy has a fifty-two week low of $81.66 and a fifty-two week high of $114.03. The business has a 50 day moving average price of $104.30 and a two-hundred day moving average price of $100.46. The firm has a market cap of $24.64 billion, a PE ratio of 65.36 and a beta of 0.44.
Chesapeake Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Thursday, May 15th will be issued a dividend of $0.575 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $2.30 dividend on an annualized basis and a dividend yield of 2.17%. Chesapeake Energy’s dividend payout ratio (DPR) is presently -55.83%.
Insider Transactions at Chesapeake Energy
In related news, CEO Domenic J. Dell’osso, Jr. bought 2,500 shares of the stock in a transaction on Wednesday, March 5th. The shares were purchased at an average price of $99.50 per share, with a total value of $248,750.00. Following the purchase, the chief executive officer now owns 107,845 shares in the company, valued at approximately $10,730,577.50. This represents a 2.37 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. First Horizon Advisors Inc. bought a new position in Chesapeake Energy during the 1st quarter valued at $28,000. Princeton Global Asset Management LLC bought a new position in Chesapeake Energy during the first quarter valued at about $31,000. BankPlus Trust Department acquired a new position in Chesapeake Energy during the first quarter worth about $32,000. Peoples Bank KS bought a new stake in Chesapeake Energy in the first quarter worth about $33,000. Finally, Key Financial Inc acquired a new stake in Chesapeake Energy in the 1st quarter valued at about $41,000. Institutional investors and hedge funds own 97.93% of the company’s stock.
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.
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