CHK - Chesapeake Energy Corp Stock Price, Fair Value and News

86.42USD-1.14 (-1.30%)Delayed as of 16 Apr 2024, 12:22 pm ET

Market Summary

USD86.42-1.14

Delayedas of 16 Apr 2024, 12:22 pm

-1.30%

CHK Stock Price

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CHK RSI Chart

CHK Valuation

Market Cap

11.5B

Price/Earnings (Trailing)

4.73

Price/Sales (Trailing)

1.31

EV/EBITDA

2.61

Price/Free Cashflow

20.78

CHK Price/Sales (Trailing)

CHK Profitability

EBT Margin

35.74%

Return on Equity

22.55%

Return on Assets

16.83%

Free Cashflow Yield

4.81%

CHK Fundamentals

CHK Revenue

Revenue (TTM)

8.7B

Rev. Growth (Yr)

-52.79%

Rev. Growth (Qtr)

28.84%

CHK Earnings

Earnings (TTM)

2.4B

Earnings Growth (Yr)

-84.11%

Earnings Growth (Qtr)

712.86%

Breaking Down CHK Revenue

52 Week Range

74.1690.52

(Low)(High)

Last 7 days

-2.9%

Last 30 days

4.9%

Last 90 days

11.3%

Trailing 12 Months

8.1%

How does CHK drawdown profile look like?

CHK Financial Health

Current Ratio

1.99

Debt/Equity

0.19

Debt/Cashflow

1.17

CHK Investor Care

Buy Backs (1Y)

2.91%

Diluted EPS (TTM)

16.88

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	14.2B	12.5B	10.9B	8.7B
2022	2.8B	5.6B	7.9B	11.7B
2021	4.8B	3.8B	3.3B	2.8B
2020	8.9B	7.0B	5.9B	5.3B
2019	9.7B	9.8B	9.5B	8.6B
2018	9.8B	9.8B	10.3B	10.0B
2017	9.5B	10.2B	9.8B	10.0B
2016	11.5B	9.6B	8.5B	8.7B
2015	21.3B	19.7B	17.3B	12.8B
2014	20.7B	21.2B	22.0B	23.1B
2013	13.3B	14.6B	16.5B	19.1B
2012	12.4B	12.5B	11.5B	12.3B
2011	8.2B	9.5B	10.9B	11.6B
2010	8.5B	8.8B	9.6B	9.4B
2009	12.9B	14.1B	8.5B	7.7B
2008	0	9.1B	10.4B	11.6B
2007	0	0	0	7.8B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Chesapeake Energy Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 06, 2024	russ benjamin	sold (taxes)	-34,282	89.51	-383	evp-general counsel
Apr 06, 2024	larson gregory m.	sold (taxes)	-13,158	89.51	-147	vp-accounting & controller
Mar 15, 2024	singh mohit	acquired	-	-	7,397	evp & cfo
Mar 15, 2024	larson gregory m.	acquired	-	-	1,528	vp-accounting & controller
Mar 15, 2024	viets joshua j.	sold (taxes)	-176,038	83.47	-2,109	evp & coo
Mar 15, 2024	wichterich michael	sold (taxes)	-54,923	83.47	-658	-
Mar 15, 2024	russ benjamin	sold (taxes)	-56,676	83.47	-679	evp-general counsel
Mar 15, 2024	dell'osso domenic j jr	sold (taxes)	-400,573	83.47	-4,799	president and ceo
Mar 15, 2024	dell'osso domenic j jr	acquired	-	-	16,970	president and ceo
Mar 15, 2024	viets joshua j.	acquired	-	-	8,364	evp & coo

Which funds bought or sold CHK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	FIRST FINANCIAL CORP /IN/	sold off	-100	-2,077	-	-%
Apr 12, 2024	AdvisorNet Financial, Inc	reduced	-8.11	694	12,081	-%
Apr 12, 2024	DNB Asset Management AS	added	7.31	327,613	1,698,610	0.01%
Apr 12, 2024	NORTHWEST INVESTMENT COUNSELORS, LLC	new	-	71,064	71,064	0.02%
Apr 11, 2024	Bangor Savings Bank	new	-	17,766	17,766	-%
Apr 11, 2024	Gulf International Bank (UK) Ltd	unchanged	-	116,000	864,000	0.02%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	unchanged	-	92,278	689,410	0.02%
Apr 11, 2024	Fortitude Family Office, LLC	new	-	16,611	16,611	0.01%
Apr 10, 2024	Inscription Capital, LLC	new	-	206,613	206,613	0.07%
Apr 10, 2024	Bruce G. Allen Investments, LLC	added	429	6,687	7,995	0.01%

Are Funds Buying or Selling CHK?

Are funds buying CHK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CHK

No. of Funds

Unveiling Chesapeake Energy Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	rees-jones trevor d.	4.7%	6,141,007	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	6.7%	8,792,131	SC 13G
Feb 14, 2024	aequim alternative investments lp	5.1%	7,104,567	SC 13G/A
Feb 14, 2024	oaktree holdings, llc	3.87%	5,066,246	SC 13G/A
Feb 13, 2024	vanguard group inc	9.67%	12,673,082	SC 13G/A
Feb 09, 2024	capital world investors	2.5%	3,311,875	SC 13G/A
Jan 25, 2024	blackrock inc.	8.6%	11,227,586	SC 13G
Feb 14, 2023	oaktree holdings, llc	4.7%	6,287,439	SC 13G/A
Feb 13, 2023	capital world investors	7.4%	9,848,580	SC 13G/A
Feb 13, 2023	prudential financial inc	2.8%	0	SC 13G/A

Recent SEC filings of Chesapeake Energy Corp

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	S-4/A	Mergers and Acquisition
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 05, 2024	425	Prospectus Filed
Apr 05, 2024	425	Prospectus Filed
Apr 05, 2024	8-K	Current Report
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to Chesapeake Energy Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	474.8B	344.6B	7.53%	3.10%	13.18	1.38	-16.70%	-35.40%
CVX	292.7B	200.9B	1.32%	-8.61%	13.7	1.46	-18.40%	-39.75%
OXY	60.1B	28.9B	9.08%	5.99%	12.8	2.08	-22.04%	-64.70%
MRO	16.6B	6.6B	8.53%	11.82%	10.69	2.5	-17.41%	-56.98%
CHK	11.5B	8.7B	4.90%	8.13%	4.73	1.31	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.7B	9.39%	28.58%	9.74	3.1	-43.74%	-26.38%
HP	4.1B	2.8B	3.71%	11.19%	9.52	1.45	19.47%	177.97%
CNX	3.6B	3.4B	11.29%	43.39%	2.1	1.05	172.35%	1311.12%
KOS	2.9B	1.7B	6.14%	-19.97%	13.36	1.68	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	277.5M	307.6M	16.58%	-6.89%	0.71	0.9	-32.91%	578.62%
AMTX	173.0M	186.7M	30.97%	82.06%	-3.99	0.93	-27.21%	49.68%
BATL	87.2M	220.8M	-10.47%	-34.49%	-28.62	0.4	-38.52%	-116.44%
AE	75.4M	2.7B	22.38%	-24.96%	355.58	0.03	-18.46%	-93.92%
BRN	27.1M	23.9M	14.41%	-1.82%	-9.98	1.13	-21.86%	-149.09%

Chesapeake Energy Corp News

Latest updates

Chesapeake Energy Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	28.8%	1,948	1,512	1,891	3,370	4,126	3,162	3,520	935	290	890	693	880	1,070	1,259	960	507	2,525	1,926	2,087	2,386	2,196
Costs and Expenses	-14.7%	1,222	1,433	1,374	1,550	1,898	2,157	2,179	1,729	177	1,228	1,123	595	-	1,072	1,071	1,048	10,752	2,036	2,041	2,108	2,378
S&GA Expenses	10.3%	32.00	29.00	31.00	35.00	40.00	40.00	36.00	26.00	28.00	30.00	24.00	15.00	-	38.00	52.00	112	65.00	57.00	66.00	89.00	103
EBITDA Margin	-5.7%	0.54*	0.58*	0.58*	0.58*	0.47*	0.59*	0.55*	0.39*	0.69*	-2.56*	-2.22*	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-4.3%	22.00	23.00	22.00	37.00	40.00	52.00	36.00	32.00	26.00	17.00	18.00	12.00	-	24.00	25.00	137	145	138	177	175	161
Income Taxes	16500.0%	166	1.00	127	404	-1,390	74.00	77.00	-46.00	-39.00	-10.00	-	-	-	-6.00	-	-	-13.00	-330	-1.00	-	314
Earnings Before Taxes	935.2%	735	71.00	518	1,793	2,190	957	1,314	-810	1,395	-355	-439	295	-	-422	-745	-276	-8,326	-340	-62.00	98.00	-335
EBT Margin	-14.8%	0.36*	0.42*	0.43*	0.44*	0.31*	0.36*	0.27*	-0.07*	0.33*	-3.00*	-2.60*	-	-	-	-	-	-	-	-	-	-
Net Income	712.9%	569	70.00	391	1,389	3,580	883	1,237	-764	1,434	-345	-439	295	-	-416	-745	-276	-8,297	-324	-61.00	98.00	-21.00
Net Income Margin	-44.3%	0.28*	0.50*	0.50*	0.50*	0.42*	0.35*	0.28*	-0.04*	0.34*	-2.99*	-2.59*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	9.6%	91.00	83.00	-15.00	392	526	773	494	509	298	265	245	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.9%	14,376	14,248	14,429	14,591	15,468	14,089	13,899	13,293	11,009	7,326	6,999	6,904	6,814	6,584	6,903	6,553	7,808	16,193	16,579	16,540	16,637
Current Assets	3.7%	2,609	2,515	2,220	2,629	2,698	2,059	2,010	1,487	2,103	1,734	1,354	1,190	1,030	1,108	1,072	690	1,818	1,251	1,403	1,384	1,365
Cash Equivalents	51.3%	1,079	713	903	130	130	74.00	17.00	19.00	905	849	612	340	40.00	279	306	82.00	82.00	6.00	14.00	4.00	8.00
Net PPE	-0.1%	10,097	10,106	10,653	10,523	11,187	11,954	11,783	-	8,802	-	-	-	5,670	5,242	-	-	-	14,756	14,876	14,845	14,939
Liabilities	-8.4%	3,647	3,980	4,033	4,308	6,344	7,742	8,091	7,910	5,338	4,288	3,586	3,023	3,228	11,925	11,822	10,741	-	11,792	-	-	-
Current Liabilities	-18.6%	1,314	1,614	1,651	1,898	2,704	4,238	4,241	4,392	2,447	2,510	1,866	1,443	1,582	3,094	3,105	2,389	2,260	2,392	2,348	2,220	2,930
Long Term Debt	-0.2%	2,028	2,032	2,036	2,040	3,093	2,717	3,046	2,774	2,278	1,259	1,261	1,262	-	-	-	-	9,163	9,073	9,133	9,701	9,167
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,929	1,929	1,929	420	385	208	-	380
LT Debt, Non Current	-0.2%	2,028	2,032	2,036	2,040	3,093	2,717	3,046	2,774	2,278	1,259	1,261	1,262	-	-	-	-	9,163	9,073	9,133	9,701	9,167
Shareholder's Equity	4.5%	10,729	10,268	10,396	10,283	9,124	6,347	5,808	5,383	5,671	3,038	3,413	3,881	3,586	-5,341	12.00	1,631	21.00	4,401	4,736	4,230	4,138
Retained Earnings	9.8%	4,974	4,532	4,669	4,553	3,399	719	188	-233	825	-557	-178	295	-	-23,954	-23,538	-22,793	-22,517	-14,220	-13,896	-13,835	-13,933
Additional Paid-In Capital	0.3%	5,754	5,735	5,726	5,729	5,724	5,627	5,619	5,615	4,845	3,594	3,590	3,585	-	16,937	16,931	16,924	16,920	16,973	16,975	16,380	16,392
Accumulated Depreciation	11.4%	3,674	3,299	3,049	2,770	2,431	2,182	1,747	1,300	908	571	346	120	-	23,806	29,399	29,255	29,110	20,002	19,432	18,860	18,396
Shares Outstanding	0.5%	133	132	134	135	126	123	124	121	102	98.00	98.00	-	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21.00	21.00	21.00	37.00	39.00	39.00	41.00
Float	-	-	-	7,600	-	-	-	3,600	-	-	-	1,600	-	-	-	-	48.00	-	-	-	2,200	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-7.1%	470,000	506,000	515,000	889,000	1,050,000	1,313,000	909,000	853,000	563,000	443,000	394,000	409,000	-	9,000	382,000	376,000	397,000	441,000	329,000	397,000	456,000
Share Based Compensation	-11.1%	8,000	9,000	9,000	7,000	6,000	6,000	6,000	4,000	-	2,000	3,000	-	-	5,000	7,000	4,000	5,000	6,000	7,000	11,000	6,000
Cashflow From Investing	121.9%	105,000	-480,000	453,000	395,000	-544,000	-495,000	-415,000	-1,947,000	-455,000	-175,000	-147,000	-73,000	-	-34,000	-102,000	-345,000	-511,000	-545,000	-563,000	-516,000	-856,000
Cashflow From Financing	3.3%	-208,000	-215,000	-190,000	-1,279,000	-444,000	-714,000	-496,000	208,000	-52,000	-32,000	-33,000	-54,000	-	-2,000	-56,000	-31,000	190,000	96,000	244,000	115,000	404,000
Dividend Payments	-2.6%	75,000	77,000	160,000	175,000	424,000	280,000	298,000	210,000	52,000	33,000	34,000	-	-	-	-	-	-	-	-	-	-
Buy Backs	-60.0%	52,000	130,000	115,000	60,000	406,000	69,000	515,000	83,000	-	-	-	-	-	-	-	-	-	-	40,000	-	-

CHK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2021	Dec. 31, 2021	Dec. 31, 2023	Dec. 31, 2022
Revenues and other:
Natural gas and oil derivatives	$ (382)	$ (1,127)	$ 1,728	$ (2,680)
Gains on sales of assets	5	12	946	300
Total revenues and other	260	5,549	8,721	11,743
Operating expenses:
Production	32	297	356	475
Gathering, processing and transportation	102	780	853	1,059
Severance and ad valorem taxes	18	158	167	242
Exploration	2	7	27	23
General and administrative	21	97	127	142
Separation and other termination costs	22	11	5	5
Depreciation, depletion and amortization	72	919	1,527	1,753
Impairments	0	1	0	0
Other operating expense (income), net	(12)	84	18	49
Total operating expenses	494	4,611	5,579	7,963
Income (loss) from operations	(234)	938	3,142	3,780
Other income (expense):
Interest expense	(11)	(73)	(104)	(160)
Losses on purchases, exchanges or extinguishments of debt	0	0	0	(5)
Other income	2	31	79	36
Reorganization items, net	5,569	0	0	0
Total other income (expense)	5,560	(42)	(25)	(129)
Income before income taxes	5,326	896	3,117	3,651
Income tax expense (benefit)	(57)	(49)	698	(1,285)
Net income	5,383	945	2,419	4,936
Deemed dividend on warrants	0	0	0	(67)
Net income available to common stockholders, Basic	5,383	945	2,419	4,869
Net income available to common stockholders, Diluted	$ 5,383	$ 945	$ 2,419	$ 4,869
Earnings per common share:
Basic (in dollars per share)	$ 550.35	$ 9.29	$ 18.21	$ 38.71
Diluted (in dollars per share)	$ 534.51	$ 8.12	$ 16.92	$ 33.36
Weighted average common shares outstanding (in thousands):
Basic (in shares)	9,781	101,754	132,840	125,785
Diluted (in shares)	10,071	116,341	142,976	145,961
Natural gas, oil and NGL
Revenues and other:
Revenues	$ 398	$ 4,401	$ 3,547	$ 9,892
Marketing
Revenues and other:
Revenues	239	2,263	2,500	4,231
Operating expenses:
Marketing	$ 237	$ 2,257	$ 2,499	$ 4,215

CHK Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,079	$ 130
Restricted cash	74	62
Accounts receivable, net	593	1,438
Short-term derivative assets	637	34
Assets held for sale	0	819
Other current assets	226	215
Total current assets	2,609	2,698
Natural gas and oil properties, successful efforts method
Proved natural gas and oil properties	11,468	11,096
Unproved properties	1,806	2,022
Other property and equipment	497	500
Total property and equipment	13,771	13,618
Less: accumulated depreciation, depletion and amortization	(3,674)	(2,431)
Total property and equipment, net	10,097	11,187
Long-term derivative assets	74	47
Deferred income tax assets	933	1,351
Other long-term assets	663	185
Total assets	14,376	15,468
Current liabilities:
Accounts payable	425	603
Accrued interest	39	42
Short-term derivative liabilities	3	432
Other current liabilities	847	1,627
Total current liabilities	1,314	2,704
Long-term debt, net	2,028	3,093
Long-term derivative liabilities	9	174
Asset retirement obligations, net of current portion	265	323
Other long-term liabilities	31	50
Total liabilities	3,647	6,344
Contingencies and commitments (Note 7)
Stockholders' equity:
Common stock, $0.01 par value, 450,000,000 shares authorized: 130,789,936 and 134,715,094 shares issued	1	1
Additional paid-in capital	5,754	5,724
Retained earnings	4,974	3,399
Total stockholders' equity	10,729	9,124
Total liabilities and stockholders' equity	$ 14,376	$ 15,468

About Chesapeake Energy Corp

Chesapeake Energy Corporation, an independent exploration and production company, engages in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

CEO	Mr. Domenic J. Dell'Osso Jr.
WEBSITE	chk.com
INDUSTRY	Oil - E&P
EMPLOYEES	1200

Chesapeake Energy Corp Frequently Asked Questions

What is the ticker symbol for Chesapeake Energy Corp? What does CHK stand for in stocks?

CHK is the stock ticker symbol of Chesapeake Energy Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Chesapeake Energy Corp (CHK)?

As of Mon Apr 15 2024, market cap of Chesapeake Energy Corp is 11.45 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CHK stock?

You can check CHK's fair value in chart for subscribers.

What is the fair value of CHK stock?

You can check CHK's fair value in chart for subscribers. The fair value of Chesapeake Energy Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Chesapeake Energy Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CHK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Chesapeake Energy Corp a good stock to buy?

The fair value guage provides a quick view whether CHK is over valued or under valued. Whether Chesapeake Energy Corp is cheap or expensive depends on the assumptions which impact Chesapeake Energy Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CHK.

What is Chesapeake Energy Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, CHK's PE ratio (Price to Earnings) is 4.73 and Price to Sales (PS) ratio is 1.31. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CHK PE ratio will change depending on the future growth rate expectations of investors.