Q3 2024 EPS Estimates for Chesapeake Energy Corporation (NASDAQ:EXE) Lifted by Capital One Financial

Chesapeake Energy Corporation (NASDAQ:EXE) – Investment analysts at Capital One Financial upped their Q3 2024 EPS estimates for Chesapeake Energy in a research report issued to clients and investors on Tuesday, October 8th. Capital One Financial analyst P. Johnston now forecasts that the company will earn ($0.03) per share for the quarter, up from their previous forecast of ($0.10). Capital One Financial also issued estimates for Chesapeake Energy’s Q4 2024 earnings at $0.12 EPS, Q1 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.15 EPS, Q4 2025 earnings at $0.49 EPS, FY2025 earnings at $1.18 EPS and FY2026 earnings at $2.94 EPS.

Other equities research analysts have also recently issued reports about the stock. UBS Group raised their price target on shares of Chesapeake Energy from $85.00 to $89.00 and gave the stock a “neutral” rating in a research note on Tuesday. Citigroup lifted their price objective on Chesapeake Energy from $90.00 to $97.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Roth Capital upgraded shares of Chesapeake Energy to a “strong-buy” rating in a report on Friday, September 27th.

Chesapeake Energy Price Performance

Shares of Chesapeake Energy stock opened at $86.61 on Friday. The company has a market cap of $11.37 billion, a P/E ratio of -149.33 and a beta of 0.47. Chesapeake Energy has a 1 year low of $69.12 and a 1 year high of $93.58.