Valuation Analysis for Chesapeake Energy Corporation (NYSE:CHK)
Chesapeake Energy Corporation (NYSE:CHK) does not look healthy from a stock-price perspective when comparing prices over the past few years, and the decline in the value of oil diminishes the value of their reserves and therefore their assets, but if earnings come in per current estimates for this year and next the PE ratio is going to be very small, and valuation will look good.
Trading Strategies for CHK are offered in real time.
Support and Resistance Plot Chart for CHK
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Factset: Request User/Pass
Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial