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 ...

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 ...

Our next question will come from Phillips Johnston with Capital One. that $800 per foot is tied to is an average lateral length around 14,500 feet. And so again, it will fluctuate quarter-to-quarter just based upon how the teams are attempting to optimize the drill schedule throughout the course of the year. Joshua Silverstein Just a quick one on Slide 5, talk about 25% decrease in SWD cost per barrel. Just wanted to get an understanding of, I guess, how many years should we think of that trend is that $20 ...

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 ...

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 ...

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 ...

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 ...

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 ...

6100 North Western Avenue [email protected] Headquartered in Oklahoma City, Chesapeake Energy Corporation is powered by dedicated and innovative employees who are focused on discovering and responsibly developing leading positions in top U.S. natural gas plays. With a goal to achieve net zero GHG emissions (Scope 1 and 2) by 2035, Chesapeake is committed to safely answering the call for affordable, reliable, lower carbon energy. INVESTOR CONTACT:MEDIA CONTACT:CHESAPEAKE ENERGY CORPORATION Chris Ayres (405) ...

Chesapeake Energy (CHK) stock is 1.4% lower to trade at $83.58 at last check, adding to its 8.1% June deficit. In fact, the security is on track for its ninth daily loss in 10 sessions, while the $83 level contained this pullback on a closing basis. Traders shouldn't fret just yet, as the energy stock looks poised to extend these gains and notch a new record, after coming within striking distance of a trendline with historically bullish implications. Specifically, Chesapeake Energy stock just pulled back to ...