Barclays analyst Betty Jiang maintained a Hold rating on Chesapeake Energy (CHK – Research Report) today and set a price target of $102.00. The company’s shares closed yesterday at $88.53.
According to TipRanks, Jiang is an analyst with an average return of -2.3% and a 38.79% success rate. Jiang covers the Energy sector, focusing on stocks such as APA, Coterra Energy, and Conocophillips.
Currently, the analyst consensus on Chesapeake Energy is a Moderate Buy with an average price target of $99.33.
CHK market cap is currently $11.58B and has a P/E ratio of 5.23.
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Chesapeake Energy (CHK) Company Description:
Chesapeake Energy Corp is a US-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas and natural gas liquids from underground reservoirs. Geographically, the company focuses its exploration, development, acquisition and production efforts in the operating areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana and East Texas (Gulf Coast); Eagle Ford, South Texas; Utica, Southern Appalachian Basin in Ohio; Mid-Continent, Anadarko Basin in northwestern Oklahoma; and Powder River Basin, Stacked pay in Wyoming.
Read More on CHK:
- Southwestern downgraded on weaker gas price outlook at Piper Sandler
- Chesapeake price target raised to $94 from $92 at UBS
- Barclays starts U.S. Integrated Oil & E&P sector with Positive view
- Chesapeake initiated with an Equal Weight at Barclays
- Chesapeake price target lowered to $115 from $118 at Jefferies
