Roth Capital Lifts Earnings Estimates for Chesapeake Energy

Chesapeake Energy Corporation (NASDAQ:EXE) – Research analysts at Roth Capital lifted their Q4 2024 earnings 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 per share of $0.79 for the quarter, up from their previous 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.

A number of other research firms also recently commented on EXE. The Goldman Sachs Group initiated coverage on Chesapeake Energy in a research report on Friday, January 31st. They set a “buy” rating and a $121.00 target price for the company. Wells Fargo & Company increased their price target on shares of Chesapeake Energy from $100.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, January 16th. UBS Group boosted their price objective on Chesapeake Energy from $119.00 to $133.00 and gave the stock a “buy” rating in a research note on Thursday, February 13th. Stephens raised their price objective 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, Mizuho raised their price objective on Chesapeake Energy from $110.00 to $128.00 and gave the company an “outperform” rating in a research note on Monday, December 16th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Chesapeake Energy has a consensus rating of “Moderate Buy” and an average target price of $116.18.

Chesapeake Energy Stock Up 1.0 %

Shares of Chesapeake Energy stock opened at $106.39 on Monday. The firm’s 50-day moving average price is $101.73. Chesapeake Energy has a twelve month low of $69.12 and a twelve month high of $109.47. The stock has a market capitalization of $24.59 billion, a price-to-earnings ratio of 65.67 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.

Insiders Place Their Bets

In other news, Director Catherine A. Kehr sold 43,623 shares of Chesapeake Energy stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $99.58, for a total value of $4,343,978.34. Following the transaction, the director now directly owns 5,201 shares in the company, valued at approximately $517,915.58. This trade represents a 89.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 58.00% of the stock is currently owned by company 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.