Chesapeake Energy (EXE) Expected to Announce Quarterly Earnings on Wednesday

Chesapeake Energy (NASDAQ:EXE) is expected to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $1.82 billion for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Chesapeake Energy Trading Down 1.9 %

Shares of EXE stock opened at $104.14 on Monday. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.20. The company’s fifty day simple moving average is $102.32. Chesapeake Energy has a 12 month low of $69.12 and a 12 month high of $109.47. The company has a market cap of $24.07 billion, a price-to-earnings ratio of 64.28 and a beta of 0.52.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EXE. Benchmark restated a “buy” rating and set a $93.00 price objective on shares of Chesapeake Energy in a report on Wednesday, January 15th. Raymond James began coverage on shares of Chesapeake Energy in a report on Tuesday, February 4th. They set a “strong-buy” rating and a $135.00 price objective on the stock. The Goldman Sachs Group began coverage on shares of Chesapeake Energy in a report on Friday, January 31st. They set a “buy” rating and a $121.00 price objective on the stock. Scotiabank upgraded shares of Chesapeake Energy from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $105.00 to $130.00 in a report on Friday, January 17th. Finally, Truist Financial upped their price objective on shares of Chesapeake Energy from $109.00 to $133.00 and gave the stock a “buy” rating in a report on Monday, January 13th. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.