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Chesapeake Energy

NYSE:CHK
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHK
NYSE
$5B
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
  • Chesapeake Energy has significant price volatility in the past 3 months.
CHK Share Price and Events
7 Day Returns
5.1%
NYSE:CHK
-0%
US Oil and Gas
-1.1%
US Market
1 Year Returns
1.6%
NYSE:CHK
-0.8%
US Oil and Gas
6.4%
US Market
CHK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chesapeake Energy (CHK) 5.1% 20% 80.3% 1.6% -26.6% -87.8%
US Oil and Gas -0% 0.4% 17.3% -0.8% 10.1% -26.1%
US Market -1.1% 0.3% 17.2% 6.4% 37.9% 42.1%
1 Year Return vs Industry and Market
  • CHK outperformed the Oil and Gas industry which returned -0.8% over the past year.
  • CHK underperformed the Market in United States of America which returned 6.4% over the past year.
Price Volatility
CHK
Industry
5yr Volatility vs Market

Value

 Is Chesapeake Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Chesapeake Energy. This is due to cash flow or dividend data being unavailable. The share price is $3.12.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chesapeake Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chesapeake Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:CHK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.85
NYSE:CHK Share Price ** NYSE (2019-03-22) in USD $3.12
United States of America Oil and Gas Industry PE Ratio Median Figure of 108 Publicly-Listed Oil and Gas Companies 12.2x
United States of America Market PE Ratio Median Figure of 3,062 Publicly-Listed Companies 17.16x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chesapeake Energy.

NYSE:CHK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CHK Share Price ÷ EPS (both in USD)

= 3.12 ÷ 0.85

3.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Energy is good value based on earnings compared to the US Oil and Gas industry average.
  • Chesapeake Energy is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Chesapeake Energy's expected growth come at a high price?
Raw Data
NYSE:CHK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
11.6%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 75 Publicly-Listed Oil and Gas Companies 0.41x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

NYSE:CHK PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3.66x ÷ 11.6%

0.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Energy is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Chesapeake Energy's assets?
Raw Data
NYSE:CHK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $-1.48
NYSE:CHK Share Price * NYSE (2019-03-22) in USD $3.12
United States of America Oil and Gas Industry PB Ratio Median Figure of 196 Publicly-Listed Oil and Gas Companies 1.15x
United States of America Market PB Ratio Median Figure of 5,165 Publicly-Listed Companies 1.85x
NYSE:CHK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CHK Share Price ÷ Book Value per Share (both in USD)

= 3.12 ÷ -1.48

-2.11x

* Primary Listing of Chesapeake Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Energy has negative assets, we can't compare the value of its assets to the US Oil and Gas industry average.
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Value checks
We assess Chesapeake Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Chesapeake Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Chesapeake Energy expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chesapeake Energy expected to grow at an attractive rate?
  • Chesapeake Energy's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Chesapeake Energy's earnings growth is positive but not above the United States of America market average.
  • Chesapeake Energy's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:CHK Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:CHK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 11.6%
NYSE:CHK Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts -13.9%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 10.4%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 5.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:CHK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:CHK Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 7,903 1,941 1,324 1
2022-12-31 7,302 2,069 1,185 1
2021-12-31 6,324 1,985 1,085 2
2020-12-31 5,137 2,214 1,052 7
2019-12-31 4,643 2,058 754 6
NYSE:CHK Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 10,107 2,000 775
2018-09-30 9,565 2,067 595
2018-06-30 9,103 1,894 494
2018-03-31 9,134 1,302 1,006
2017-12-31 9,407 745 813
2017-09-30 8,914 19 -223
2017-06-30 9,251 64 -1,439
2017-03-31 8,594 316 -3,727
2016-12-31 7,798 -204 -4,915
2016-09-30 8,434 229 -6,414
2016-06-30 9,526 171 -9,852
2016-03-31 11,410 390 -12,185

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chesapeake Energy's earnings are expected to grow by 11.6% yearly, however this is not considered high growth (20% yearly).
  • Chesapeake Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:CHK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Chesapeake Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CHK Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.71 0.77 0.64 2.00
2022-12-31 0.63 0.73 0.53 2.00
2021-12-31 0.59 0.69 0.51 3.00
2020-12-31 0.63 0.81 0.47 10.00
2019-12-31 0.47 0.63 0.38 8.00
NYSE:CHK Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.85
2018-09-30 0.66
2018-06-30 0.54
2018-03-31 1.11
2017-12-31 0.90
2017-09-30 -0.25
2017-06-30 -1.65
2017-03-31 -4.53
2016-12-31 -6.43
2016-09-30 -9.07
2016-06-30 -14.52
2016-03-31 -18.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Chesapeake Energy is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Chesapeake Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chesapeake Energy has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Chesapeake Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chesapeake Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chesapeake Energy's year on year earnings growth rate has been positive over the past 5 years.
  • Chesapeake Energy's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Chesapeake Energy's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
Chesapeake Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chesapeake Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:CHK Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 10,107.00 775.00 280.00
2018-09-30 9,565.00 595.00 302.00
2018-06-30 9,103.00 494.00 290.00
2018-03-31 9,134.00 1,006.00 269.00
2017-12-31 9,407.00 813.00 262.00
2017-09-30 8,914.00 -223.00 257.00
2017-06-30 9,251.00 -1,439.00 266.00
2017-03-31 8,594.00 -3,727.00 257.00
2016-12-31 7,798.00 -4,915.00 240.00
2016-09-30 8,434.00 -6,414.00 233.00
2016-06-30 9,526.00 -9,852.00 219.00
2016-03-31 11,410.00 -12,185.00 227.00
2015-12-31 12,665.00 -14,738.00 235.00
2015-09-30 17,205.00 -12,042.00 267.00
2015-06-30 19,494.00 -7,178.00 278.00
2015-03-31 21,087.00 -2,883.00 299.00
2014-12-31 22,893.00 1,273.00 322.00
2014-09-30 20,201.00 532.00 350.00
2014-06-30 19,367.00 519.00 410.00
2014-03-31 18,902.00 833.00 426.00
2013-12-31 18,851.00 474.00 457.00
2013-09-30 16,283.00 886.00 435.00
2013-06-30 14,394.00 -1,325.00 460.00
2013-03-31 13,129.00 -854.00 509.00
2012-12-31 12,128.00 -940.00 535.00
2012-09-30 11,312.00 -768.00 574.00
2012-06-30 12,322.00 2,166.00 580.00
2012-03-31 12,246.00 1,704.00 554.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Chesapeake Energy made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Chesapeake Energy used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Chesapeake Energy has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Chesapeake Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chesapeake Energy has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Chesapeake Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chesapeake Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chesapeake Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Chesapeake Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Chesapeake Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chesapeake Energy Company Filings, last reported 2 months ago.

NYSE:CHK Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 467.00 7,722.00 4.00
2018-09-30 -39.00 9,812.00 4.00
2018-06-30 -117.00 9,670.00 3.00
2018-03-31 -97.00 9,377.00 4.00
2017-12-31 -372.00 9,973.00 5.00
2017-09-30 -704.00 9,899.00 5.00
2017-06-30 -684.00 9,853.00 13.00
2017-03-31 -1,203.00 9,524.00 249.00
2016-12-31 -1,203.00 10,441.00 882.00
2016-09-30 -932.00 9,678.00 4.00
2016-06-30 229.00 9,649.00 4.00
2016-03-31 1,571.00 10,434.00 16.00
2015-12-31 2,397.00 10,721.00 825.00
2015-09-30 4,546.00 11,596.00 1,759.00
2015-06-30 10,243.00 11,573.00 2,051.00
2015-03-31 14,373.00 11,541.00 2,907.00
2014-12-31 18,205.00 11,582.00 4,108.00
2014-09-30 17,631.00 11,674.00 90.00
2014-06-30 18,325.00 11,627.00 1,462.00
2014-03-31 18,477.00 13,079.00 1,004.00
2013-12-31 18,140.00 13,015.00 837.00
2013-09-30 18,348.00 13,015.00 987.00
2013-06-30 18,204.00 13,289.00 677.00
2013-03-31 18,014.00 13,631.00 33.00
2012-12-31 17,896.00 12,886.00 287.00
2012-09-30 17,691.00 16,458.00 142.00
2012-06-30 19,788.00 14,569.00 1,024.00
2012-03-31 18,894.00 13,327.00 438.00
  • Chesapeake Energy's level of debt (1653.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (71.7% vs 1653.5% today).
  • Debt is well covered by operating cash flow (25.9%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Chesapeake Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chesapeake Energy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Chesapeake Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chesapeake Energy dividends. Estimated to be 0% next year.
If you bought $2,000 of Chesapeake Energy shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chesapeake Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chesapeake Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:CHK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 65 Stocks 3.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:CHK Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 3.00
2020-12-31 0.00 5.00
2019-12-31 0.00 6.00
NYSE:CHK Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2017-03-03 0.000 0.000
2017-02-23 0.000 0.000
2016-11-03 0.000 0.000
2016-08-04 0.000 0.000
2016-05-05 0.000 0.000
2016-02-25 0.000 0.000
2016-02-24 0.000 0.000
2015-11-04 0.000 0.000
2015-08-05 0.000 0.000
2015-03-05 0.350 2.763
2014-12-15 0.350 1.838
2014-09-22 0.350 1.656
2014-06-16 0.350 1.289
2014-03-11 0.350 1.269
2013-12-16 0.350 1.338
2013-09-23 0.350 1.310
2013-06-17 0.350 1.486
2013-04-08 0.350 1.727
2012-12-17 0.350 1.828
2012-09-24 0.350 1.906
2012-06-12 0.350 1.855
2012-03-05 0.350 1.848
2011-12-19 0.350 1.528
2011-08-01 0.350 1.274
2011-06-13 0.350 1.144
2011-03-07 0.300 0.938
2010-12-20 0.300 1.035
2010-11-09 0.300 1.327
2010-06-21 0.300 1.384
2010-03-08 0.300 1.269
2009-12-18 0.300 1.129
2009-09-24 0.300 1.176
2009-06-15 0.300 1.362
2009-03-25 0.300 1.436

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chesapeake Energy has not reported any payouts.
  • Unable to verify if Chesapeake Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chesapeake Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chesapeake Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Chesapeake Energy's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Chesapeake Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chesapeake Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chesapeake Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Chesapeake Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Lawler
COMPENSATION $14,903,906
AGE 51
TENURE AS CEO 5.8 years
CEO Bio

Mr. Robert Douglas Lawler, also known as Doug, has been the Chief Executive Officer and President of Chesapeake Energy Corporation, the Sole Manager of Chesapeake Operating, L.L.C, Sole Manager of Chesapeake Midstream Development, L.L.C., Chesapeake Land Development Company, L.L.C., Chesapeake Plains Llc and Northern Michigan Exploration Company LLC since June 17, 2013. Mr. Lawler serves as President and Chief Executive Officer of Chesapeake Energy Corporation, the Sole Manager of Chesapeake Appalachia, LLC. He also serves as Chief Executive Officer and President of Chesapeake Energy Corporation at Mr. Lawler is Chief Executive Officer of Chesapeake E&P Holding, L.L.C., of Chesapeake Exploration, LLC, the Sole Manager of Chesapeake AEZ Exploration, L.L.C. Mr. Lawler is Chief Executive Officer and Director of CHK Energy Holdings Inc. Mr. Lawler serves as President and Chief Executive Officer of Chesapeake Energy Corporation at Chesapeake Louisiana, L.P. and Chesapeake Energy Louisiana Corporation, the Sole Manager of Empress, L.L.C., the Sole Manager of Emlp, L.L.C., which is the General Partner of Empress Louisiana Properties, L.P., the Sole Manager of Chesapeake-Clements Acquisition, L.L.C. Mr. Lawler has more than 20 years of experience in the oil and natural gas industry. Before joining Chesapeake, Mr. Lawler served as Senior Vice President of International & Deepwater Operations at Anadarko Petroleum Corporation from July 10, 2012 to May 2013 and as a member of Anadarko’s Executive Committee from July 2012 to June 2013. He served as Vice President of International at Anadarko Petroleum Corporation from December 2011 to July 2012 where he had been responsible for overseeing its operations and development activities throughout its Southern Region, which includes Kansas, Oklahoma, Louisiana, Pennsylvania and Texas. He served as Vice President of Operations for the Southern and Appalachia Region at Anadarko Petroleum Corporation from March 2009 to July 2012 and also its Vice President of Corporate Planning from August 2008 to March 2009. Mr. Lawler served for 25 years by Anadarko Petroleum Corporation and Kerr-McGee Corporation, where he served in multiple engineering and leadership positions within a diverse geographic portfolio including U.S. onshore, deepwater Gulf of Mexico and international assets. He began his career in 1988 with Kerr-McGee, where he served in operations, business planning and analysis departments and joined Anadarko following its acquisition of Kerr-McGee in August 2006. He has been a Non-Independent Director of Chesapeake Energy Corporation since June 17, 2013 and United Way of Central Oklahoma since April 2014. He is an Instructor in Rice University's Energy Management Executive Education program. He is a Member of the World Affairs Council and the Society of Petroleum Engineers. Mr. Lawler holds a Bachelor of Science degree in Petroleum Engineering from the Colorado School of Mines and an MBA degree from Rice University.

CEO Compensation
  • Doug's compensation has been consistent with company performance over the past year.
  • Doug's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Chesapeake Energy management team in years:

5.2
Average Tenure
50
Average Age
  • The average tenure for the Chesapeake Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Doug Lawler

TITLE
President
COMPENSATION
$15M
AGE
51
TENURE
5.8 yrs

Nick Dell'Osso

TITLE
Executive VP & CFO
COMPENSATION
$5M
AGE
41
TENURE
8.3 yrs

Mikell Pigott

TITLE
Executive Vice President of Operations & Technical Services
COMPENSATION
$4M
AGE
44
TENURE
2.6 yrs

Jim Webb

TITLE
Executive VP
COMPENSATION
$4M
AGE
50
TENURE
6.4 yrs

Frank Patterson

TITLE
Executive Vice President of Exploration & Production
COMPENSATION
$5M
AGE
59
TENURE
2.6 yrs

William Buergler

TITLE
Senior VP & Chief Accounting Officer
AGE
45
TENURE
1.6 yrs

Brad Sylvester

TITLE
Vice President of Investor Relations & Communications
AGE
51
TENURE
4.6 yrs

Patrick Craine

TITLE
Chief Risk & Compliance Officer
TENURE
5.8 yrs

Jay Hawkins

TITLE
Vice President of Human Resources
Board of Directors Tenure

Average tenure and age of the Chesapeake Energy board of directors in years:

2.9
Average Tenure
57
Average Age
  • The average tenure for the Chesapeake Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

R. Martin

TITLE
Non-Executive Chairman
COMPENSATION
$630K
AGE
66
TENURE
3.4 yrs

Doug Lawler

TITLE
President
COMPENSATION
$15M
AGE
51
TENURE
5.8 yrs

Archie Dunham

TITLE
Non-Executive Chairman Emeritus
COMPENSATION
$600K
AGE
79
TENURE
3.4 yrs

Pete Miller

TITLE
Independent Director
COMPENSATION
$365K
AGE
68
TENURE
12.2 yrs

Tom Ryan

TITLE
Independent Director
COMPENSATION
$375K
AGE
53
TENURE
7.2 yrs

Gloria Boyland

TITLE
Independent Director
COMPENSATION
$350K
AGE
57
TENURE
2.3 yrs

Luke Corbett

TITLE
Independent Director
COMPENSATION
$350K
AGE
71
TENURE
2.3 yrs

Leslie Keating

TITLE
Independent Director
COMPENSATION
$107K
AGE
57
TENURE
1.5 yrs

Mark Edmunds

TITLE
Independent Director
TENURE
0.6 yrs

David Hayes

TITLE
Independent Director
AGE
44
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
23. Mar 19 Sell NGP Energy Capital Management Company 20. Mar 19 21. Mar 19 -5,913,736 $3.31 $-19,465,474
27. Dec 18 Buy Thomas Ryan Individual 24. Dec 18 24. Dec 18 200,000 $1.81 $361,800
26. Dec 18 Buy Archie Dunham Individual 21. Dec 18 21. Dec 18 2,100,000 $1.97 $4,126,500
26. Dec 18 Buy Mikell Pigott Individual 21. Dec 18 21. Dec 18 11,000 $1.93 $21,230
20. Dec 18 Buy Robert Lawler Individual 20. Dec 18 20. Dec 18 100,000 $1.86 $186,000
20. Dec 18 Buy Frank Patterson Individual 20. Dec 18 20. Dec 18 80,000 $1.93 $154,080
20. Dec 18 Buy Domenic Dell'Osso Individual 20. Dec 18 20. Dec 18 50,000 $1.88 $93,800
20. Dec 18 Buy Archie Dunham Individual 18. Dec 18 19. Dec 18 2,400,000 $2.22 $5,082,000
18. Dec 18 Buy R. Martin Individual 14. Dec 18 14. Dec 18 25,000 $2.35 $58,750
13. Dec 18 Buy R. Martin Individual 11. Dec 18 11. Dec 18 110,000 $2.65 $291,500
05. Nov 18 Buy James Webb Individual 01. Nov 18 01. Nov 18 50,000 $3.54 $176,750
X
Management checks
We assess Chesapeake Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chesapeake Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Chesapeake Energy Corporation's (NYSE:CHK) CEO Pay Reflect Performance?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Doug Lawler's Compensation Compare With Similar Sized Companies. … Our data indicates that Chesapeake Energy Corporation is worth US$4.4b, and total annual CEO compensation is US$15m.

Simply Wall St -

Some Chesapeake Energy Shareholders Have Taken A Painful 90% Share Price Drop

Imagine if you held Chesapeake Energy Corporation (NYSE:CHK) for half a decade as the share price tanked 90%. … The falls have accelerated recently, with the share price down 13% in the last three months. … That could explain the weak share price.

Simply Wall St -

Chesapeake Energy Corporation (NYSE:CHK): What Does The Future Look Like?

After Chesapeake Energy Corporation's (NYSE:CHK) earnings announcement in September 2018,. … as a 24% increase in profits is expected in the upcoming year, … the past 5-year average growth rate of 0.3%

Simply Wall St -

What Kind Of Investor Owns Most Of Chesapeake Energy Corporation (NYSE:CHK)?

Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … We also tend to see lower insider ownership in companies that were previously publicly owned. … With a market capitalization of US$2.3b, Chesapeake Energy is a decent size, so it is probably on the radar of institutional investors.

Simply Wall St -

Is Chesapeake Energy Corporation's (NYSE:CHK) CEO Incentives Align With Yours?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … According to our data, Chesapeake Energy Corporation has a market capitalization of US$4.1b, and pays its CEO total annual compensation worth US$15m. … As you can see, Doug Lawler is paid more than the median CEO pay at companies of a similar size, in the same market

Simply Wall St -

Have Investors Priced In Chesapeake Energy Corporation's (NYSE:CHK) Growth?

Growth expectations for Chesapeake Energy Corporation (NYSE:CHK) are high, but many investors are starting to ask whether its last close at $4.7 can still be rationalized by the future potential. … View our latest analysis for Chesapeake Energy? … Chesapeake Energy's growth potential is very attractive

Simply Wall St -

Is Chesapeake Energy Corporation's (NYSE:CHK) PE Ratio A Signal To Buy For Investors?

Chesapeake Energy Corporation (NYSE:CHK) is trading with a trailing P/E of 4.9x, which is lower than the industry average of 13.6x. … While CHK might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions

Simply Wall St -

Is Chesapeake Energy Corporation (NYSE:CHK) A Buy At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CHK Price per share = $2.98 Earnings per share = $0.897 ∴ Price-Earnings Ratio = $2.98 ÷ $0.897 = 3.3x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … CHK’s P/E of 3.3x is lower than its industry peers (13.2x), which implies that each dollar of CHK’s earnings is being undervalued by investors. … For example, if you are inadvertently comparing lower risk firms with CHK, then CHK’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

Simply Wall St -

Should You Buy Chesapeake Energy Corporation (NYSE:CHK)?

Chesapeake Energy Corporation (NYSE:CHK), an energy company based in United States, saw a decent share price growth in the teens level on the NYSE over the last few months. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Chesapeake Energy, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Will Chesapeake Energy Corporation's (NYSE:CHK) Earnings Grow In The Next Couple Of Years?

Below is a brief commentary on my key takeaways on how market analysts perceive Chesapeake Energy's earnings growth outlook over the next couple of years and whether the future looks brighter. … View our latest analysis for Chesapeake Energy Market analysts' prospects for next year seems pessimistic, with earnings reducing by -9.70%. … This means, we can presume Chesapeake Energy will grow its earnings by 3.27% every year for the next few years.

Simply Wall St -

Company Info

Description

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; Powder River Basin in Wyoming; and Mid-Continent in Anadarko Basin of northwestern Oklahoma. As of December 31, 2018, it owned interests in approximately 13,200 oil and natural gas wells; and had estimated proved reserves of 1,448 one million barrels of oil equivalent. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Details
Name: Chesapeake Energy Corporation
CHK
Exchange: NYSE
Founded: 1989
$5,043,855,061
1,616,620,212
Website: http://www.chk.com
Address: Chesapeake Energy Corporation
6100 North Western Avenue,
Oklahoma City,
Oklahoma, 73118,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CHK Common Stock New York Stock Exchange US USD 05. Feb 1993
DB CS1 Common Stock Deutsche Boerse AG DE EUR 05. Feb 1993
LSE 0HWL Common Stock London Stock Exchange GB USD 05. Feb 1993
BMV CHK * Common Stock Bolsa Mexicana de Valores MX MXN 05. Feb 1993
NYSE CHK.PRD PFD CONV New York Stock Exchange US USD 28. Nov 2005
OTCUS CHKD.H PFD CONV 144A Other "Grey Market" OTC US USD 07. Nov 2005
OTCUS CHKW.Z PFD CONV 5.75% Other "Grey Market" OTC US USD 23. Jun 2011
OTCUS CHKV.Z PFD CV-A Other "Grey Market" OTC US USD 20. Apr 2012
OTCPK CHKD.P PFD 5.75 Pink Sheets LLC US USD 20. Jul 2011
OTCPK CHKD.G 5% CM CNV PFD Pink Sheets LLC US USD 11. Apr 2006
BOVESPA CHKE34 BDR EA REPR 1 COM SHS USD0.01 Bolsa de Valores de Sao Paulo BR BRL 15. Aug 2016
Number of employees
Current staff
Staff numbers
2,350
Chesapeake Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 23:34
End of day share price update: 2019/03/22 00:00
Last estimates confirmation: 2019/03/22
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.