Chesapeake Energy (Chesapeake Energy) ROCE % : 1.66% (As of Mar. 2024)

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What is Chesapeake Energy ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Chesapeake Energy's annualized ROCE % for the quarter that ended in Mar. 2024 was 1.66%.

Chesapeake Energy ROCE % Historical Data

The historical data trend for Chesapeake Energy's ROCE % 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.

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Chesapeake Energy ROCE % Chart

Chesapeake Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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0.10

-107.49

35.77

25.01

Chesapeake Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															57.57	17.05	3.02	23.60	1.66

Chesapeake Energy ROCE % Calculation

Chesapeake Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	3229	/	( ( (15468 - 2704)	+	(14376 - 1314) )	/ 2 )
	=	3229	/	( (12764	+	13062)	/ 2 )
	=	3229	/	12913
	=	25.01 %

Chesapeake Energy's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	216	/	( ( (14376 - 1314)	+	(14018 - 1020) )	/ 2 )
	=	216	/	( ( 13062	+	12998 )	/ 2 )
	=	216	/	13030
	=	1.66 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Chesapeake Energy (OTCPK:CHKAQ) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Chesapeake Energy ROCE % Related Terms

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Chesapeake Energy (Chesapeake Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chesapeake Energy Corp (OTCPK:CHKAQ) » Definitions » ROCE %

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Traded in Other Exchanges

CHK:USA CHK1:Mexico

Address

6100 North Western Avenue, Oklahoma City, OK, USA, 73118

Website

https://www.chk.com

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

Robert D. Lawler	director, officer: CEO	6100 N WESTERN AVE, OKLAHOMA CITY OK 73118
Frank J. Patterson	officer: EVP-Exploration & Production	C/O CHESAPEAKE ENERGY CORPORATION, 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Luke R Corbett	director	P O BOX 321, OKLAHOMA CITY OK 73101
William M Buergler	officer: SVP & Chief Accounting Officer	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Thomas L Ryan	director	1929 ALLEN PARKWAY, HOUSTON TX 77219
R Brad Martin	director
Cg Subsidiary Holdings L.l.c.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
G.f.w. Energy Xi, L.p.	10 percent owner	2850 NORTH HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Scott Gieselman	director	REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
David W Hayes	director	125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Gloria R. Boyland	director	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Leslie Starr Keating	director	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mark A Edmunds	director	6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Miller Merrill A Jr	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
M. Jason Pigott	officer: EVP - Operations	6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118