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Chesapeake Energy (Chesapeake Energy) Cyclically Adjusted FCF per Share : $143.26 (As of Dec. 2023)


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What is Chesapeake Energy Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Chesapeake Energy's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.643. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $143.26 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chesapeake Energy's average Cyclically Adjusted FCF Growth Rate was -41.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 51.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Chesapeake Energy was 57.20% per year. The lowest was -130.60% per year. And the median was -3.50% per year.

As of today (2024-04-27), Chesapeake Energy's current stock price is $92.06. Chesapeake Energy's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $143.26. Chesapeake Energy's Cyclically Adjusted Price-to-FCF of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chesapeake Energy was 1.10. The lowest was 0.29. And the median was 0.45.


Chesapeake Energy Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Chesapeake Energy's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chesapeake Energy Cyclically Adjusted FCF per Share Chart

Chesapeake Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.59 41.59 - 245.91 143.26

Chesapeake Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 245.91 236.49 207.14 165.07 143.26

Competitive Comparison of Chesapeake Energy's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, Chesapeake Energy's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chesapeake Energy's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chesapeake Energy's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Chesapeake Energy's Cyclically Adjusted Price-to-FCF falls into.



Chesapeake Energy Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Chesapeake Energy's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.643/129.4194*129.4194
=0.643

Current CPI (Dec. 2023) = 129.4194.

Chesapeake Energy Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 174.379 99.695 226.372
201406 303.490 100.560 390.590
201409 133.333 100.428 171.824
201412 88.209 99.070 115.232
201503 71.710 99.621 93.160
201506 42.598 100.684 54.756
201509 47.059 100.392 60.666
201512 7.251 99.792 9.404
201603 -149.102 100.470 -192.063
201606 -77.072 101.688 -98.090
201609 54.569 101.861 69.333
201612 -104.270 101.863 -132.478
201703 0.221 102.862 0.278
201706 -40.934 103.349 -51.260
201709 57.646 104.136 71.642
201712 73.556 104.011 91.525
201803 125.248 105.290 153.952
201806 60.726 106.317 73.922
201809 92.747 106.507 112.700
201812 69.246 105.998 84.547
201903 63.895 107.251 77.102
201906 46.309 108.070 55.458
201909 36.034 108.329 43.049
201912 -180.812 108.420 -215.832
202003 -12.406 108.902 -14.743
202006 2.761 108.767 3.285
202009 28.221 109.815 33.259
202012 -16.357 109.897 -19.263
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 4.213 121.301 4.495
202206 3.304 125.017 3.420
202209 5.354 125.227 5.533
202212 3.536 125.222 3.655
202303 2.708 127.348 2.752
202306 -0.105 128.729 -0.106
202309 0.583 129.860 0.581
202312 0.643 129.419 0.643

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Chesapeake Energy  (NAS:CHK) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Chesapeake Energy's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=92.06/143.26
=0.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Chesapeake Energy was 1.10. The lowest was 0.29. And the median was 0.45.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Chesapeake Energy Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Chesapeake Energy's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Chesapeake Energy (Chesapeake Energy) Business Description

Industry
Traded in Other Exchanges
Address
6100 North Western Avenue, Oklahoma City, OK, USA, 73118
Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Executives
Michael Wichterich director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Dell'osso Domenic J Jr officer: Exec. Vice President & CFO 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Joshua J. Viets officer: EVP & COO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Intermediate Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco Gp L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine (pub) Aggregator L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Brookfield Us Inc. 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Ocm Xi Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Ocm Xb Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Public Securities Group Holdings Llc 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Gregory M. Larson officer: VP-Accounting & Controller 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mohit Singh officer: EVP & CFO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118