
Chesapeake Energy (CHK) Stock Forecast & Price Target
Chesapeake Energy (CHK) Analyst Ratings
Bulls say
Chesapeake Energy Corp demonstrates a positive outlook driven by its competitive drilling and completion efficiencies, which are approximately 20% better than its peer, Southwestern Energy. The company has consistently outperformed the basin average in well productivity since 2021, indicating strong operational performance and potential for future growth. Furthermore, anticipated cost synergies estimated at $400 million annually by the end of 2025, alongside notable free cash flow accretion projections, contribute to the company's favorable financial trajectory.
Bears say
Chesapeake Energy Corp exhibits several concerning financial metrics that contribute to a negative outlook. The company is facing an increase in financial leverage, with projected Net Debt/EBITDA ratios soaring to approximately 1.4x in 2024, significantly higher than the standalone ratio of 0.3x, exacerbated by anticipated commodity price weaknesses and rising costs. Additionally, the forecasted increase in aggregate GP&T costs by $0.15-0.20/mcfe due to contractual obligations raises further concerns about the company's operational efficiency and ability to manage expenses effectively.
This aggregate rating is based on analysts' research of Chesapeake Energy and is not a guaranteed prediction by Public.com or investment advice.
Chesapeake Energy (CHK) Analyst Forecast & Price Prediction
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