This group has a Zacks Industry Rank of 42, putting it in the top 17% of all 250+ industries. The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. The Oil and Gas - Exploration and Production - United States industry currently had an average PEG ratio of 0.22 as of yesterday's close.
This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Īlso, we should mention that CHK has a PEG ratio of 0.92. These revisions typically reflect the latest short-term business trends, which can change frequently. Investors should also note any recent changes to analyst estimates for Chesapeake Energy. Meanwhile, our latest consensus estimate is calling for revenue of $1.84 billion, up 106.21% from the prior-year quarter. On that day, Chesapeake Energy is projected to report earnings of $4.68 per share, which would represent year-over-year growth of 96.64%. Investors will be hoping for strength from Chesapeake Energy as it approaches its next earnings release. In that same time, the Oils-Energy sector lost 2.7%, while the S&P 500 lost 8.68%. At the same time, the Dow lost 1.7%, and the tech-heavy Nasdaq lost 0.09%.Ĭoming into today, shares of the oil and gas company had gained 2.23% in the past month. This move was narrower than the S&P 500's daily loss of 1.71%. Chesapeake Energy (CHK) closed the most recent trading day at $102.08, moving -0.52% from the previous trading session.
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