Chesapeake Energy (EXE) to Release 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 Stock Down 0.2 %

EXE stock opened at $103.90 on Tuesday. The firm has a market capitalization of $24.01 billion, a P/E ratio of 64.14 and a beta of 0.52. The company has a 50-day moving average of $102.46. Chesapeake Energy has a 52 week low of $69.12 and a 52 week high of $109.47. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.00 and a current ratio of 2.00.

Wall Street Analyst Weigh In

EXE has been the subject of several research analyst reports. Truist Financial boosted their target price on Chesapeake Energy from $109.00 to $133.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. The Goldman Sachs Group initiated coverage on shares of Chesapeake Energy in a research report on Friday, January 31st. They set a “buy” rating and a $121.00 target price for the company. Citigroup raised their price objective on shares of Chesapeake Energy from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Thursday, January 16th. Stephens raised their price objective on shares of Chesapeake Energy from $85.00 to $86.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 30th. Finally, UBS Group increased their target price on Chesapeake Energy from $119.00 to $133.00 and gave the stock a “buy” rating in a report on Thursday, February 13th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Chesapeake Energy currently has an average rating of “Moderate Buy” and a consensus target price of $116.18.

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.