How to Buy Chesapeake Energy Stock
Chesapeake Energy Corp
Chesapeake Energy Corporation, an independent exploration and production company, engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States.
Chesapeake Energy stock last closed at $87.32, up 0.2% from the previous day, and has increased 7.33% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.07 percentage points. Chesapeake Energy stock is currently +19.88% from its 52-week low of $72.84, and -4.08% from its 52-week high of $91.03.
As of Apr 18, 2024, there are 130.79M CHK shares outstanding. The market capitalization of CHK is $11.42B. In the last 24 hours, 1.08M CHK shares were traded.
How to Buy Chesapeake Energy Stock
Wondering how to invest in Chesapeake Energy stock? Here's how.
- Decide where to buy Chesapeake Energy stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Chesapeake Energy stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Research Chesapeake Energy stock: The Chesapeake Energy ticker symbol is CHK. Is Chesapeake Energy stock a good investment? Should you buy shares of CHK? How do CHK's underlying business fundamentals look? Do top analysts think Chesapeake Energy is a good buy? Why has CHK's stock price moved recently? (Hint: Our stock market analysis website can help you decide if CHK is a good stock to buy).
- Execute your CHK buy order: Decide if you will purchase CHK shares at the current market price or use a limit order to buy CHK shares at a given price.
- Watch your CHK position: Create a watchlist to monitor your new investment in Chesapeake Energy stock.
Step 1: Decide where to buy Chesapeake Energy stock
You need an online brokerage account in order to access the NASDAQ market and buy CHK stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal info so you are able to invest in CHK today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring funds into your brokerage account.
Step 4: Research Chesapeake Energy stock
After you have chosen the best place to buy Chesapeake Energy stock, it's critical to research their stock prior to investing, so you actually understand the risk as well as the opportunity.
Chesapeake Energy Numbers
CHK Fundamentals
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on CHK's stock page.
How is CHK stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CHK's intrinsic value.
Using relative valuations measures:
- CHK could be undervalued based on its P/E ratio of 4.8x, relative to Oil & Gas E&P industry P/E ratio of 13.12x
- CHK may be undervalued based on its P/B ratio of 1.06x, relative to Oil & Gas E&P industry P/B ratio of 2.11x
You can do additional valuation analysis on CHK's stock here.
CHK Financial Overview
Passed Health Checks:
- CHK's operating cash flow of $2.38B allows it to safely service it's debt of $2.03B.
- There are more short-term assets than long-term liabilities on the CHK balance sheet.
- CHK has a low debt to equity ratio of 0.34.
- CHK earnings of $3.22B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the CHK balance sheet.
Failed Health Checks:
- CHK profit margin has gone down from 41.5% to 27.7% in the past year.
Is it a good time to buy Chesapeake Energy stock, according to Wall Street analysts?
Out of 9 Equities analysts who give recommendations on CHK, the consensus analyst rating on CHK is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Latest CHK Analyst Forecasts
Subash Chandra, a top 4% analyst from Benchmark maintains CHK with a strong buy rating and lowers their CHK price target from $107.00 to $93.00, on Apr 9, 2024.
Neal Dingmann, a top 1% analyst from Truist Securities maintains CHK with a strong buy rating and lowers their CHK price target from $119.00 to $112.00, on Apr 5, 2024.
Paul Diamond, a top 21% analyst from Citigroup upgrades CHK to a strong buy rating and raises their CHK price target from $82.00 to $95.00, on Jan 12, 2024.
Roger Read, a top 3% analyst from Wells Fargo maintains CHK with a hold rating and lowers their CHK price target from $89.00 to $88.00, on Nov 22, 2023.
You can dig deeper into what analysts are projecting on the Chesapeake Energy stock forecast page.
CHK Momentum
CHK Growth Numbers
Last year, CHK earnings were $2.42B. Over the last 5 year, CHK's earnings have increased by -9.05% per year. This was slower than the Oil & Gas E&P industry average of 15.49%.
Last year, CHK revenue was $8.72B. In the past five year, CHK's revenue has grown by -2.76% per year. This was slower than the Oil & Gas E&P industry average of 19.65%.
Learn more about CHK's earnings and revenue performance here.
Who is buying/selling CHK?
In the past year, insiders at CHK have sold more shares than they have bought.
Gregory M. Larson, VP-Accounting Controller of CHK, was the latest CHK insider to sell. They sold $13,157.97 worth of CHK stock on Apr 6, 2024.
Research more about who owns CHK stock here.
Does CHK stock generate passive income?
No, Chesapeake Energy doesn't provide an income stream by paying out dividends.
CHK Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your CHK buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open button and eToro will place your order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Watch your CHK position
Now that you own some CHK shares, you'll want to keep up with your new stock purchase.
Start a watchlist to get notified of important updates regarding your CHK stock.
CHK Feed
How to Buy Stock in Chesapeake Energy
To summarize, here are the 6 steps to buy Chesapeake Energy stock:
- Decide where to buy Chesapeake Energy stock
- Create your brokerage account
- Deposit funds into your brokerage account
- Research Chesapeake Energy stock
- Execute your CHK buy order
- Watch your CHK position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Chesapeake Energy, add CHK to your watchlist by clicking the button below.
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