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Chesapeake Energy Earnings Yield (Joel Greenblatt) %

: 1.82% (As of Jun. 2022)
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Chesapeake Energy's Enterprise Value for the quarter that ended in Jun. 2022 was $12,935 Mil. Chesapeake Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $235 Mil. Chesapeake Energy's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was 1.82%.

The historical rank and industry rank for Chesapeake Energy's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CHK' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -27.61   Med: -16.83   Max: 1.59
Current: 1.58

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Chesapeake Energy was 1.59%. The lowest was -27.61%. And the median was -16.83%.

CHK's Earnings Yield (Joel Greenblatt) % is ranked worse than
60.02% of 1108 companies
in the Oil & Gas industry
Industry Median: 5.09 vs CHK: 1.58

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Chesapeake Energy's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Chesapeake Energy Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Chesapeake Energy's Earnings Yield (Joel Greenblatt) % 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Chesapeake Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Earnings Yield (Joel Greenblatt) % 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 Premium Member Only Premium Member Only Premium Member Only -26.74 -17.89 - -11.10 1.82

Competitive Comparison

For the Oil & Gas E&P subindustry, Chesapeake Energy's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Distribution

For the Oil & Gas industry and Energy sector, Chesapeake Energy's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Chesapeake Energy's Earnings Yield (Joel Greenblatt) % falls into.



Chesapeake Energy Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Chesapeake Energys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0/9010.00484
= %

Chesapeake Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $235 Mil.



Chesapeake Energy  (NAS:CHK) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Chesapeake Energy Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Chesapeake Energy's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chesapeake Energy Business Description

Chesapeake Energy logo
Industry
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 its exploration, development, acquisition, and production efforts in the operating areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); Eagle Ford, South Texas; Powder River Basin, Stacked pay in Wyoming; and Brazos Valley - Southeast Texas.
Executives
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 Intermediate Holdco 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
Larson Gregory M. officer: VP-Accounting & Controller 6100 N. WESTERN AVENUE OKLAHOMA CITY OK 73118
Viets Joshua J. officer: EVP & COO 6100 N. WESTERN AVENUE OKLAHOMA CITY OK 73118
Singh Mohit officer: EVP & CFO 6100 N. WESTERN AVENUE OKLAHOMA CITY OK 73118
Schwarzman Stephen A 10 percent owner C/O BLACKSTONE INC. 345 PARK AVE NEW YORK NY 10154
Blackstone Group Inc 10 percent owner 345 PARK AVENUE NEW YORK NY 10154
Blackstone Group Management L.l.c. 10 percent owner 345 PARK AVENUE NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner 345 PARK AVENUE NEW YORK NY 10154

Chesapeake Energy Headlines

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