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Chesapeake Energy

DB:CS1
Snowflake Description

Fair value with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CS1
DB
$323M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
  • Chesapeake Energy has significant price volatility in the past 3 months.
CS1 Share Price and Events
7 Day Returns
-8%
DB:CS1
16.2%
DE Oil and Gas
9.9%
DE Market
1 Year Returns
-94.9%
DB:CS1
23.3%
DE Oil and Gas
-17.5%
DE Market
CS1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chesapeake Energy (CS1) -8% -44% -81.4% -94.9% -97.5% -98.9%
DE Oil and Gas 16.2% -14.4% -27.4% 23.3% -22.4% 141.6%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • CS1 underperformed the Oil and Gas industry which returned 23.3% over the past year.
  • CS1 underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
CS1
Industry
5yr Volatility vs Market

Value

 Is Chesapeake Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Chesapeake Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Chesapeake Energy.

DB:CS1 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:CS1
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.814 (1 + (1- 21%) (2938.52%))
13.532
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:CS1 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Chesapeake Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:CS1 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 160.00 Analyst x4 144.81
2021 167.33 Analyst x3 137.07
2022 1.00 Analyst x2 0.74
2023 171.00 Analyst x1 114.74
2024 158.01 Est @ -7.6% 95.95
2025 149.42 Est @ -5.44% 82.12
2026 143.56 Est @ -3.92% 71.41
2027 139.45 Est @ -2.86% 62.78
2028 136.49 Est @ -2.12% 55.62
2029 134.30 Est @ -1.6% 49.53
Present value of next 10 years cash flows $814.00
DB:CS1 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $134.30 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$1,229.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,229.60 ÷ (1 + 10.49%)10
$453.45
DB:CS1 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $814.00 + $453.45
$1,267.45
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,267.45 / 1,939.57
$0.65
DB:CS1 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:CS1 represents 0.87043x of NYSE:CHK
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87043x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 0.65 x 0.87043
€0.57
Value per share (EUR) From above. €0.57
Current discount Discount to share price of €0.15
= -1 x (€0.15 - €0.57) / €0.57
74.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Chesapeake Energy is available for.
Intrinsic value
>50%
Share price is €0.1451 vs Future cash flow value of €0.5688
Current Discount Checks
For Chesapeake Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Chesapeake Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Chesapeake Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chesapeake Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chesapeake Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CS1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.25
NYSE:CHK Share Price ** NYSE (2020-03-31) in USD $0.17
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chesapeake Energy.

DB:CS1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CHK Share Price ÷ EPS (both in USD)

= 0.17 ÷ -0.25

-0.67x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Chesapeake Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Chesapeake Energy's expected growth come at a high price?
Raw Data
DB:CS1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.67x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
-43.5%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.13x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chesapeake Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chesapeake Energy's assets?
Raw Data
DB:CS1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $1.41
NYSE:CHK Share Price * NYSE (2020-03-31) in USD $0.17
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.93x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:CS1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CHK Share Price ÷ Book Value per Share (both in USD)

= 0.17 ÷ 1.41

0.12x

* Primary Listing of Chesapeake Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chesapeake Energy is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Chesapeake Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Chesapeake Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Chesapeake Energy expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-43.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chesapeake Energy expected to grow at an attractive rate?
  • Unable to compare Chesapeake Energy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Chesapeake Energy's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • Chesapeake Energy's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:CS1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:CS1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts -43.5%
DB:CS1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -47.6%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:CS1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:CS1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,613
2022-12-31 3,915 1,181 -816 1
2021-12-31 3,009 956 -1,403 4
2020-12-31 3,782 1,364 -858 4
2020-03-31
DB:CS1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 8,408 1,623 -416
2019-09-30 9,515 1,787 1,152
2019-06-30 9,876 1,902 1,084
2019-03-31 9,776 1,868 737
2018-12-31 10,170 1,730 133
2018-09-30 9,613 1,867 -140
2018-06-30 9,135 1,754 -12
2018-03-31 9,150 1,234 730
2017-12-31 9,474 475 -631
2017-09-30 8,914 19 -223
2017-06-30 9,251 64 -1,439
2017-03-31 8,594 316 -3,727

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Chesapeake Energy is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Chesapeake Energy's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:CS1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Chesapeake Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CS1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 -0.37 -0.37 -0.37 1.00
2021-12-31 -0.68 -0.41 -1.12 7.00
2020-12-31 -0.45 -0.36 -0.60 8.00
2020-03-31
DB:CS1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.25
2019-09-30 0.82
2019-06-30 0.90
2019-03-31 0.72
2018-12-31 0.15
2018-09-30 -0.15
2018-06-30 -0.01
2018-03-31 0.81
2017-12-31 -0.70
2017-09-30 -0.25
2017-06-30 -1.65
2017-03-31 -4.53

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chesapeake Energy will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Chesapeake Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chesapeake Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Chesapeake Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chesapeake Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chesapeake Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Chesapeake Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chesapeake Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Chesapeake Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chesapeake Energy Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CS1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 8,408.00 -416.00 367.00
2019-09-30 9,515.00 1,152.00 232.00
2019-06-30 9,876.00 1,084.00 246.00
2019-03-31 9,776.00 737.00 268.00
2018-12-31 10,170.00 133.00 438.00
2018-09-30 9,613.00 -140.00 409.00
2018-06-30 9,135.00 -12.00 367.00
2018-03-31 9,150.00 730.00 318.00
2017-12-31 9,474.00 -631.00 354.00
2017-09-30 8,914.00 -223.00 257.00
2017-06-30 9,251.00 -1,439.00 266.00
2017-03-31 8,594.00 -3,727.00 257.00
2016-12-31 7,798.00 -4,915.00 240.00
2016-09-30 8,434.00 -6,414.00 233.00
2016-06-30 9,526.00 -9,852.00 219.00
2016-03-31 11,410.00 -12,185.00 227.00
2015-12-31 12,665.00 -14,738.00 235.00
2015-09-30 17,205.00 -12,042.00 267.00
2015-06-30 19,494.00 -7,178.00 278.00
2015-03-31 21,087.00 -2,883.00 299.00
2014-12-31 22,893.00 1,273.00 322.00
2014-09-30 20,201.00 532.00 350.00
2014-06-30 19,367.00 519.00 410.00
2014-03-31 18,902.00 833.00 426.00
2013-12-31 18,851.00 474.00 457.00
2013-09-30 16,283.00 886.00 435.00
2013-06-30 14,394.00 -1,325.00 460.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Chesapeake Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Chesapeake Energy used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • It is difficult to establish if Chesapeake Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Chesapeake Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chesapeake Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Chesapeake Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chesapeake Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chesapeake Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Chesapeake Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Chesapeake Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chesapeake Energy Company Filings, last reported 3 months ago.

DB:CS1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,401.00 9,458.00 6.00
2019-09-30 4,735.00 9,341.00 14.00
2019-06-30 4,230.00 9,701.00 4.00
2019-03-31 4,138.00 9,547.00 8.00
2018-12-31 2,133.00 7,722.00 4.00
2018-09-30 -39.00 9,812.00 4.00
2018-06-30 -117.00 9,670.00 3.00
2018-03-31 -97.00 9,377.00 4.00
2017-12-31 -372.00 9,973.00 5.00
2017-09-30 -704.00 9,899.00 5.00
2017-06-30 -684.00 9,853.00 13.00
2017-03-31 -1,203.00 9,524.00 249.00
2016-12-31 -1,203.00 10,441.00 882.00
2016-09-30 -932.00 9,678.00 4.00
2016-06-30 229.00 9,649.00 4.00
2016-03-31 1,571.00 10,434.00 16.00
2015-12-31 2,397.00 10,721.00 825.00
2015-09-30 4,546.00 11,596.00 1,759.00
2015-06-30 10,243.00 11,573.00 2,051.00
2015-03-31 14,373.00 11,541.00 2,907.00
2014-12-31 18,205.00 11,582.00 4,108.00
2014-09-30 17,631.00 11,674.00 90.00
2014-06-30 18,325.00 11,627.00 1,462.00
2014-03-31 18,477.00 13,079.00 1,004.00
2013-12-31 18,140.00 13,015.00 837.00
2013-09-30 18,348.00 13,015.00 987.00
2013-06-30 18,204.00 13,148.00 677.00
  • Chesapeake Energy's level of debt (214.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (63.2% vs 214.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Information is not available.
  • Unable to confirm if Chesapeake Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Chesapeake Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chesapeake Energy has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Chesapeake Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chesapeake Energy dividends. Estimated to be 0% next year.
If you bought €2,000 of Chesapeake Energy shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chesapeake Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chesapeake Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:CS1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:CS1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.00 3.00
2021-12-31 0.00 4.00
2020-12-31 0.00 4.00
2020-03-31
DB:CS1 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2017-03-03 0.000 0.000
2017-02-23 0.000 0.000
2016-11-03 0.000 0.000
2016-08-04 0.000 0.000
2016-05-05 0.000 0.000
2016-02-25 0.000 0.000
2016-02-24 0.000 0.000
2015-11-04 0.000 0.000
2015-08-05 0.000 0.000
2015-03-05 0.350 2.763
2014-12-15 0.350 1.838
2014-09-22 0.350 1.656
2014-06-16 0.350 1.289
2014-03-11 0.350 1.269
2013-12-16 0.350 1.338
2013-09-23 0.350 1.310
2013-06-17 0.350 1.486
2013-04-08 0.350 1.727
2012-12-17 0.350 1.828
2012-09-24 0.350 1.906
2012-06-12 0.350 1.855
2012-03-05 0.350 1.848
2011-12-19 0.350 1.528
2011-08-01 0.350 1.274
2011-06-13 0.350 1.144
2011-03-07 0.300 0.938
2010-12-20 0.300 1.035
2010-11-09 0.300 1.327
2010-06-21 0.300 1.384
2010-03-08 0.300 1.269
2009-12-18 0.300 1.129
2009-09-24 0.300 1.176
2009-06-15 0.300 1.362

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chesapeake Energy has not reported any payouts.
  • Unable to verify if Chesapeake Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chesapeake Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chesapeake Energy has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Chesapeake Energy's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Chesapeake Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chesapeake Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chesapeake Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Chesapeake Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Lawler
COMPENSATION $22,745,427
AGE 52
TENURE AS CEO 6.7 years
CEO Bio

Mr. Robert Douglas Lawler, also known as Doug, has been the Chief Executive Officer and President of Chesapeake Energy Corporation, the Sole Manager of Chesapeake Operating, L.L.C, Sole Manager of Chesapeake Midstream Development, L.L.C., Chesapeake Land Development Company, L.L.C., Chesapeake Plains Llc and Northern Michigan Exploration Company LLC since June 17, 2013. Mr. Lawler serves as the President and Chief Executive Officer of Chesapeake Energy Corporation at Chesapeake Appalachia, L.L.C. He also serves as Chief Executive Officer and President of Chesapeake Energy Corporation. Mr. Lawler serves as the Chief Executive Officer of Chesapeake E&P Holding, L.L.C., at Chesapeake Exploration, L.L.C., the Sole Manager of Chesapeake AEZ Exploration, L.L.C. Mr. Lawler is Chief Executive Officer and Director of CHK Energy Holdings Inc. Mr. Lawler serves as President and Chief Executive Officer of Chesapeake Energy Corporation at Chesapeake Louisiana, L.P. and Chesapeake Energy Louisiana Corporation, the Sole Manager of Empress, L.L.C., the Sole Manager of Emlp, L.L.C., which is the General Partner of Empress Louisiana Properties, L.P., the Sole Manager of Chesapeake-Clements Acquisition, L.L.C. Mr. Lawler has more than 20 years of experience in the oil and natural gas industry. Before joining Chesapeake, Mr. Lawler served as Senior Vice President of International & Deepwater Operations at Anadarko Petroleum Corporation from July 10, 2012 to May 2013 and as a member of Anadarko’s Executive Committee from July 2012 to June 2013. He served as Vice President of International at Anadarko Petroleum Corporation from December 2011 to July 2012 where he had been responsible for overseeing its operations and development activities throughout its Southern Region, which includes Kansas, Oklahoma, Louisiana, Pennsylvania and Texas. He served as Vice President of Operations for the Southern and Appalachia Region at Anadarko Petroleum Corporation from March 2009 to July 2012 and also its Vice President of Corporate Planning from August 2008 to March 2009. Mr. Lawler served for 25 years by Anadarko Petroleum Corporation and Kerr-McGee Corporation, where he served in multiple engineering and leadership positions within a diverse geographic portfolio including U.S. onshore, deepwater Gulf of Mexico and international assets. He began his career in 1988 with Kerr-McGee, where he served in operations, business planning and analysis departments and joined Anadarko following its acquisition of Kerr-McGee in August 2006. He has been a Non-Independent Director of Chesapeake Energy Corporation since June 17, 2013 and United Way of Central Oklahoma since April 2014. He is an Instructor in Rice University's Energy Management Executive Education program. He is a Member of the World Affairs Council and the Society of Petroleum Engineers. Mr. Lawler holds a Bachelor of Science degree in Petroleum Engineering from the Colorado School of Mines and an MBA degree from Rice University.

CEO Compensation
  • Doug's compensation has increased whilst company is loss making.
  • Doug's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Chesapeake Energy management team in years:

6.1
Average Tenure
51.5
Average Age
  • The average tenure for the Chesapeake Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Doug Lawler

TITLE
President
COMPENSATION
$23M
AGE
52
TENURE
6.7 yrs

Nick Dell'Osso

TITLE
Executive VP & CFO
COMPENSATION
$8M
AGE
42
TENURE
9.3 yrs

Jim Webb

TITLE
Executive VP
COMPENSATION
$6M
AGE
51
TENURE
7.4 yrs

Frank Patterson

TITLE
Executive Vice President of Exploration & Production
COMPENSATION
$7M
AGE
60
TENURE
3.6 yrs

William Buergler

TITLE
Senior VP & Chief Accounting Officer
AGE
46
TENURE
2.6 yrs

Brad Sylvester

TITLE
Vice President of Investor Relations & Communications
AGE
52
TENURE
5.6 yrs

Jay Hawkins

TITLE
Vice President of Human Resources
Board of Directors Tenure

Average tenure and age of the Chesapeake Energy board of directors in years:

3.8
Average Tenure
60
Average Age
  • The tenure for the Chesapeake Energy board of directors is about average.
Board of Directors

R. Martin

TITLE
Non-Executive Chairman
COMPENSATION
$630K
AGE
67
TENURE
4.4 yrs

Doug Lawler

TITLE
President
COMPENSATION
$23M
AGE
52
TENURE
6.7 yrs

Pete Miller

TITLE
Independent Director
COMPENSATION
$365K
AGE
69
TENURE
13.2 yrs

Tom Ryan

TITLE
Independent Director
COMPENSATION
$375K
AGE
54
TENURE
7.2 yrs

Gloria Boyland

TITLE
Independent Director
COMPENSATION
$350K
AGE
58
TENURE
3.3 yrs

Luke Corbett

TITLE
Independent Director
COMPENSATION
$350K
AGE
72
TENURE
3.3 yrs

Leslie Keating

TITLE
Independent Director
COMPENSATION
$350K
AGE
57
TENURE
2.4 yrs

Mark Edmunds

TITLE
Independent Director
COMPENSATION
$131K
AGE
62
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
09. Dec 19 Buy Thomas Ryan Individual 06. Dec 19 06. Dec 19 200,000 €0.68 €135,750
14. Nov 19 Buy William Buergler Individual 14. Nov 19 14. Nov 19 70,681 €0.64 €45,456
06. Nov 19 Buy Robert Lawler Individual 06. Nov 19 06. Nov 19 50,000 €0.83 €41,312
06. Nov 19 Buy R. Martin Individual 06. Nov 19 06. Nov 19 250,000 €0.77 €192,382
29. May 19 Buy James Webb Individual 28. May 19 28. May 19 50,000 €1.75 €87,699
28. May 19 Buy Robert Lawler Individual 24. May 19 24. May 19 50,000 €1.80 €90,108
28. May 19 Buy Domenic Dell'Osso Individual 24. May 19 24. May 19 50,000 €1.80 €89,778
X
Management checks
We assess Chesapeake Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chesapeake Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. The company holds interests in natural gas resource plays, including the Marcellus in Northern Appalachian Basin in Pennsylvania; Haynesville located in Northwestern Louisiana; Eagle Ford in South Texas; Brazos Valley in Southeast Texas; Powder River Basin in Wyoming; and Mid-Continent in Anadarko Basin of northwestern Oklahoma. As of December 31, 2019, it owned interests in approximately 13,500 oil and natural gas wells; and had estimated proved reserves of 1,572 one million barrels of oil equivalent. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Details
Name: Chesapeake Energy Corporation
CS1
Exchange: DB
Founded: 1989
$293,062,499
1,939,566,845
Website: http://www.chk.com
Address: Chesapeake Energy Corporation
6100 North Western Avenue,
Oklahoma City,
Oklahoma, 73118,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CHK Common Stock New York Stock Exchange US USD 05. Feb 1993
DB CS1 Common Stock Deutsche Boerse AG DE EUR 05. Feb 1993
XTRA CS1 Common Stock XETRA Trading Platform DE EUR 05. Feb 1993
LSE 0HWL Common Stock London Stock Exchange GB USD 05. Feb 1993
BRSE CS1 Common Stock Berne Stock Exchange CH CHF 05. Feb 1993
BMV CHK * Common Stock Bolsa Mexicana de Valores MX MXN 05. Feb 1993
NYSE CHK.PRD PFD CONV New York Stock Exchange US USD 28. Nov 2005
OTCUS CHKD.H PFD CONV 144A Other "Grey Market" OTC US USD 07. Nov 2005
OTCUS CHKW.Z 5.75% CONV PFD 144A Other "Grey Market" OTC US USD 23. Jun 2011
OTCUS CHKV.Z PFD CV-A Other "Grey Market" OTC US USD 20. Apr 2012
OTCPK CHKD.P PFD 5.75 Pink Sheets LLC US USD 20. Jul 2011
OTCPK CHKD.G 5% CM CNV PFD Pink Sheets LLC US USD 11. Apr 2006
BOVESPA CHKE34 BDR EA REPR 1 COM SHS USD0.01 Bolsa de Valores de Sao Paulo BR BRL 15. Aug 2016
Number of employees
Current staff
Staff numbers
2,300
Chesapeake Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 20:55
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.