Since the beginning of the year, the stock has returned 111.2%. This means that Chesapeake Energy is outperforming the sector as a whole this year.ĮQT Corporation (EQT) is another Oils-Energy stock that has outperformed the sector so far this year. In comparison, Oils-Energy companies have returned an average of 28.5%. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.īased on the latest available data, CHK has gained about 55.9% so far this year. The Zacks Consensus Estimate for CHK's full-year earnings has moved 27.9% higher within the past quarter.

Chesapeake Energy is currently sporting a Zacks Rank of #1 (Strong Buy). The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months.

The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

Has Chesapeake Energy (CHK) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Ĭhesapeake Energy is a member of our Oils-Energy group, which includes 253 different companies and currently sits at #1 in the Zacks Sector Rank. For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers.

Chk stock outlook