We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Chesapeake Energy (CHK) Beats Q1 Earnings Estimates
Read MoreHide Full Article
Chesapeake Energy Corporation (CHK - Free Report) is an independent oil and gas company engaged in the acquisition, development, and production of onshore U.S. natural gas resources. The company has grown rapidly and is among the leading natural gas producer in the U.S.
Currently, Chesapeake Energy has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Chesapeake reported adjusted first-quarter 2017 profit of 23 cents per share, beating the Zacks Consensus Estimate of 19 cents.
Revenue: Revenues of $1,469 million came above the Zacks Consensus Estimate of $1,104 million.
Key Stats: Chesapeake’s production for the reported quarter was approximately 48 million barrels of oil equivalent (MMBoe), reflecting a year-over-year decrease of 21.3%. Production consisted of approximately 8 million barrels (MMbbls) of oil (down 11.1% year-over-year), 211 billion cubic feet (bcf) of natural gas (down 23% year-over-year) and 5 MMbbls of NGL (down almost 17% year-over-year).
Check back later for our full write up on this Chesapeake Energy earnings report later!
Chesapeake Energy Corporation Price and EPS Surprise
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
Image: Bigstock
Chesapeake Energy (CHK) Beats Q1 Earnings Estimates
Chesapeake Energy Corporation (CHK - Free Report) is an independent oil and gas company engaged in the acquisition, development, and production of onshore U.S. natural gas resources. The company has grown rapidly and is among the leading natural gas producer in the U.S.
Currently, Chesapeake Energy has a Zacks Rank #3 (Hold) but that could change following its first-quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Chesapeake reported adjusted first-quarter 2017 profit of 23 cents per share, beating the Zacks Consensus Estimate of 19 cents.
Revenue: Revenues of $1,469 million came above the Zacks Consensus Estimate of $1,104 million.
Key Stats: Chesapeake’s production for the reported quarter was approximately 48 million barrels of oil equivalent (MMBoe), reflecting a year-over-year decrease of 21.3%. Production consisted of approximately 8 million barrels (MMbbls) of oil (down 11.1% year-over-year), 211 billion cubic feet (bcf) of natural gas (down 23% year-over-year) and 5 MMbbls of NGL (down almost 17% year-over-year).
Check back later for our full write up on this Chesapeake Energy earnings report later!
Chesapeake Energy Corporation Price and EPS Surprise
Chesapeake Energy Corporation Price and EPS Surprise | Chesapeake Energy Corporation Quote
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>