| Chesapeake Energy is a holding company. Through its subsidiaries, Co. is an independent exploration and production company engaged in the acquisition, exploration and development of properties to produce oil, natural gas and natural gas liquids from underground reservoirs. Co. owns a portfolio of onshore U.S. natural gas and liquids assets, including interests in several oil and natural gas wells. Co.'s natural gas resource plays are the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana. Co.'s liquids resource plays are the Eagle Ford Shale in South Texas and the Powder River Basin in Wyoming. We show 3 historical shares outstanding datapoints in our CHK shares outstanding history coverage, used to compute CHK market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CHK market cap history over the course of time is important for investors
interested in comparing CHK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CHK versus a peer is one thing; comparing
CHK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CHK can fluctuate over the course of history.
With this page we aim to empower investors researching CHK by allowing them to research the CHK market cap history.