Chesapeake Energy Non-GAAP EPS of 0.01 beats by 0.03, revenue of 505M misses by 98.12M

CHKDelisted Stock  USD 81.46  0.43  0.53%   
About 61% of CHK Old's investor base is looking to short. The analysis of current outlook of investing in CHK Old suggests that many traders are alarmed regarding CHK Old's prospects. CHK Old's investing sentiment shows overall attitude of investors towards CHK Old.
  
Chesapeake Energys Q2 results show a beat on non-GAAP EPS but a revenue miss.

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CHK Old Fundamental Analysis

We analyze CHK Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CHK Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CHK Old based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Asset

Current Asset Comparative Analysis

CHK Old is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

CHK Old Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CHK Old stock to make a market-neutral strategy. Peer analysis of CHK Old could also be used in its relative valuation, which is a method of valuing CHK Old by comparing valuation metrics with similar companies.

Peers

CHK Old Related Equities

CRKComstock Resources   4.42   
0%
100.0%
ARAntero Resources   3.22   
0%
72.0%
CTRACoterra Energy   3.00   
0%
67.0%
RRCRange Resources   2.01   
0%
45.0%
EQTEQT   1.77   
0%
40.0%
DVNDevon Energy   1.33   
0%
30.0%
HESHess   0.87   
0%
19.0%
EOGEOG Resources   0.71   
0%
16.0%
MTDRMatador Resources   0.60   
0%
13.0%
PRPermian Resources   0.33   
0%
7.0%
APAAPA   0.08   
0%
1.0%
COPConocoPhillips   0.05   
1.0%
0%
FANGDiamondback Energy   0.83   
18.0%
0%
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Other Consideration for investing in CHK Stock

If you are still planning to invest in CHK Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CHK Old's history and understand the potential risks before investing.
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