Chesapeake Energy(CHK)

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3 High Short Interest Stocks Set for a Squeeze as Rate Cuts Near
MarketBeat· 2024-09-11 13:01
When the market gets too long or too short in any given set of stocks or asset classes, investors must eventually watch out for the changing tides. Just like anything that is priced openly to the public, stocks that run out of buyers will need to see lower prices to attract new business, just like stocks that run out of sellers need to see higher prices instead. Today, a few stocks stand out as potential names that could be running out of buyers soon. The catalyst to bring higher prices to them and shake ol ...
Oil Prices Are Breaking Out: Top 3 Stocks to Watch Right Now
MarketBeat· 2024-08-27 12:10
A commodity cycle is underway again, and this time, Warren Buffett is backing up the new views on the energy sector's potential rally higher. According to the CME's FedWatch tool prediction for September 2024, interest rate cuts could be underway soon. If the Fed ends up delivering these cuts, demand for oil due to business activity could soon soar. More than that, recovering economies like China, which represented roughly 40% of global oil demand preCOVID, could help deliver the sort of tailwinds that the ...
3 High Short-Interest Stocks Poised for a Rate Cut Squeeze
MarketBeat· 2024-08-24 11:00
When stocks accumulate a significant short interest, it typically creates the risk of a short squeeze. When investors sell a stock short, they have to borrow and sell it to profit from their bearish views. However, closing the position involves buying back the stock. Knowing this, investors can probably guess what happens when short sellers need to close their positions all at once. The value of the underlying stock might tick a bit higher on good news or developments, triggering short sellers to get out of ...
Is the Options Market Predicting a Spike in Chesapeake Energy (CHK) Stock?
ZACKS· 2024-08-08 14:02
Investors in Chesapeake Energy Corporation (CHK) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $40 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It ...
Chesapeake Energy(CHK) - 2024 Q2 - Earnings Call Transcript
2024-07-30 15:32
Chesapeake Energy Corporation (NASDAQ:CHK) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Chris Ayres - Vice President, Investor Relations and Treasurer Nick Dell'Osso - President and Chief Executive Officer Mohit Singh - Executive Vice President and Chief Financial Officer Josh Viets - Executive Vice President and Chief Operating Officer Conference Call Participants Bertrand Donnes - Truist Douglas Leggate - Wolfe Research Neil Mehta - Goldman Sachs Zachary Parham - JPMorgan ...
Chesapeake Energy (CHK) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-07-29 22:25
Chesapeake Energy (CHK) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.64 per share when it actually produced earnings of $0.56, delivering a surprise of -12.50%. Over the last four quarters ...
Chesapeake Energy(CHK) - 2024 Q2 - Quarterly Report
2024-07-29 20:14
Receipts of Deferred Consideration During the Current Period, we received $116 million in deferred consideration associated with our Eagle Ford divestiture transactions. See Note 2 of the notes to our condensed consolidated financial statements included in Item 1 of Part I of this report for further discussion. Funds Held for Transition Services During the Prior Period, we held $97 million of funds relating to transition services associated with our Eagle Ford divestitures. Capital Expenditures Our capital ...
Chesapeake Energy(CHK) - 2024 Q2 - Quarterly Results
2024-07-29 20:06
Exhibit 99.1 • Net cash provided by operating activities of $209 million • Quarterly base dividend of $0.575 per common share to be paid in September 2024, 14th straight quarter paying a dividend (1) Definitions of non-GAAP financial measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure are included at the end of this news release. Shareholder Returns Update Operations Update Chesapeake continues to deliver improved capital efficiency primaril ...
CHESAPEAKE ENERGY CORPORATION REPORTS SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-07-29 20:01
OKLAHOMA CITY, July 29, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported second quarter 2024 financial and operating results. Net cash provided by operating activities of $209 million Net loss of $227 million, or $1.73 per fully diluted share; adjusted net income(1) of $1 million, or $0.01 per share Adjusted EBITDAX(1) of $358 million Quarterly base dividend of $0.575 per common share to be paid in September 2024, 14th straight quarter paying a dividend Produced approximately 2 ...
Earnings Preview: Chesapeake Energy (CHK) Q2 Earnings Expected to Decline
ZACKS· 2024-07-22 15:06
The earnings report, which is expected to be released on July 29, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This oil and gas company is expected to post break-even quarterly earnings per share in its upcoming report, which represents a year-over-year change of -100%. The consensus EPS estimate for the quarter has been revised 26.73% higher over the last 30 days to the current level. This is essentially ...