Chesapeake Energy (CHK)
$0.45 0.03 (6.39%)
20:00 EST CHK Stock Quote Delayed 15 Minutes
Previous Close $0.45
Market Cap 408.49M
PE Ratio 0.40
Volume (Avg. Vol.) 43.12M
Day's Range 0.45 - 0.47
52-Week Range 0.43 - 3.57
Dividend & Yield N/A (N/A)
CHK Stock Predictions, Articles, and Chesapeake Energy News
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CHK stock bulls hold out hope for asset sales or higher natural gas prices, but that's unlikely with China's coronavirus cutting demand.
Natural gas prices are at a multi-year low, keeping CHK stock at penny status. But a rebound in prices could bring double-digit gains.
CHK stock needs to snap out of this dangerous spiral. This effort presents a potential speculative trade into Chesapeake's earnings.
With oil prices set to be boosted by multiple factors, including seasonality and Chinese energy purchases, CHK stock looks poised to rally in the near-term.
Chesapeake is a hydrocarbon company in a greening world, and slowing demand for oil and natural gas is bad news for CHK stock
Chesapeake Energy is trading at its lowest stock price of this century. And there's no guarantee that shares will ever recover as solvency questions loom.
CHK stock is too risky to bet on right now, especially with the oil and gas industry facing so many headwinds
Shares of the natural gas producer experienced a nice rally in December, but that wasn't nearly enough to shake Chesapeake stock out of what had become a lengthy slumber. Moreover, the coronavirus outbreak has crippled energy commodities in the early innings of 2020, but even if that wasn't an issue to contend with, Chesapeake has headline risk of its own to contend with.
Not long ago, things were looking better for Chesapeake. But this has been quickly dashed as the broader energy industry has turned against CHK stock.
CHK stock has multiple potential catalysts, including positive 2020 free cash flow, asset sales and energy export growth.
CHK stock might appeal to bullish speculators due to the discount but you’ve got to ask if this company is worth working for.
Could Chesapeake Energy stock rally 20% to 30% from here? Yes. But that doesn't mean CHK stock doesn't have risks. In fact, far from it.
While many retail investors are betting that CHK stock will rebound, it's hard to see how.
At the moment the blame game can point fingers at the coronavirus, but CHK stock has been a very sick company with no cure for its ailments in sight.
CHK stock is testing the lows again as natural gas futures collapse. There's hope for a revival -- but it will take a historic energy rally.
Halliburton just took a $2.2 billion charge to earnings. Here’s why that’s terrible news for Chesapeake Energy and CHK stock.
Deleveraging is crucial as debt swells and credit metrics worsen. Focus on oil-weighted assets is a positive, but debt is a bigger concern.
By Thomas Niel
You could speculate on CHK stock, and see big gains if a black swan event pushes natural gas prices back up to prior levels. But if you prefer to invest, and not gamble, Chesapeake is not your play. Look elsewhere for opportunity.
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