Chesapeake Energy Stock To Go Ex-dividend Tomorrow (CHK)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Chesapeake Energy (NYSE: CHK) is tomorrow, January 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $17.12 as of 9:31 a.m. ET, the dividend yield is 2.1%.

The average volume for Chesapeake Energy has been 12.4 million shares per day over the past 30 days. Chesapeake Energy has a market cap of $11.22 billion and is part of the basic materials sector and energy industry. Shares are up 1.6% year to date as of the close of trading on Wednesday.

Chesapeake Energy Corporation engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. The company also offers marketing, midstream, drilling, and other oilfield services.

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TheStreet Ratings rates Chesapeake Energy as a hold. The company's strongest point has been its a solid financial position based on a variety of debt and liquidity measures that we have looked at. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Chesapeake Energy Ratings Report.

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