Chesapeake Energy (CHK)

Price*: $50.60 | Dividend: $0.27 | Dividend Yield: 0.53%

Recommendation Info
We downgraded this stock from the "Recommended" list on 8/4/08, at a price of 45.25.

Dividend Stock Ratings Breakdown

1. Relative Strength

Stock is at the top of its six-month trading range.

2. Overall Yield Attractiveness

Stock's dividend yield is unattractive.

3. Dividend Reliability

This company has been paying dividends for 11 years.

4. Dividend Uptrend

Dividend payouts are consistent, but increases small.

5. Earnings Growth

Earnings estimates have been raised slightly.

Price and Dividend Info

Chesapeake Energy (CHK)

Previous Day's Closing Price*

$50.60

Annual Stock Dividend

$0.27

Current Dividend Yield

0.53%

Recent Headlines

Dividend Stock Recommendation Changes (NVS, SQM, MOS, CHK, FRO, CAJ, BUCY, PWE, APA, OSG, BPT, NTE)
Mon, Aug 4, 2008
Chesapeake Energy Partners and Wins (CHK)
Wed, Jul 2, 2008
Dividend Stocks-Daily Report (KALU, OSG, CHK, CAT, more)
Wed, Jun 11, 2008

Profile & Recommendation

Company Profile

Chesapeake Energy- (CHK)-engages in the acquisition, exploration, and development of properties for the production of crude oil and natural gas from underground reservoirs. As of December 31, 2007, it had 10.879 trillion cubic feet equivalent of proved reserves; and also owned interests in approximately 38,500 producing oil and natural gas wells. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

Recommendation

Based on our rating criteria, this stock has achieved a "Neutral" rating. Stocks with a neutral rating are considered mediocre investments in terms of expected price growth and dividend payments.

Stock Notes

This large cap stock is not an attractive dividend stock investment at this time.

* Stock price reflects previous day's closing price. All stock quotes on this website should be considered as having a 24-hour delay.

** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.