Chesapeake Energy Corporation with ticker code (CHK) have now 11 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 179 and 106 calculating the mean target price we have 129.36. Now with the previous closing price of 94.17 this would indicate that there is a potential upside of 37.4%. The day 50 moving average is 89.3 while the 200 day moving average is 77.17. The company has a market capitalisation of $11,500m. Find out more information at: https://www.chk.com
The potential market cap would be $15,798m based on the market concensus.
Chesapeake Energy Corporation, an independent exploration and production company, engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana; and the liquids-rich resource play in the Eagle Ford Shale in South Texas. As of December 31, 2021, it owned interests in approximately 8,200 gross productive wells, including 6,500 wells with working interest and 1,700 wells with an overriding or royalty interest; and had estimated proved reserves of 661 million barrels of oil equivalent. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
