Chesapeake Energy Corporation found using ticker (CHK) have now 11 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 115 and 88 calculating the average target price we see 96.64. With the stocks previous close at 68.39 this is indicating there is a potential upside of 41.3%. The 50 day moving average now sits at 64.57 while the 200 day moving average is 58.15. The company has a market cap of $7,983m. Company Website: https://www.chk.com
The potential market cap would be $11,281m based on the market concensus.
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; and Powder River Basin in Wyoming. As of December 31, 2020, it owned interests in approximately 7,400 oil and natural gas wells, including 5,900 properties with working interest and 1,500 properties with royalty interest; and had estimated proved reserves of 60 Mmboe. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
