$CHK fundamentals are also quite strong. It has a trailing P/E of 21, and a forward P/E of 11, signifying robust earnings growth on the back of cost-cutting efforts and better production.
Additionally, a PEG ratio of 0.75 indicates undervaluation. Finally, the company's earnings are expected to improve at a CAGR of 17.6% for the next five years.
All in all, Chesapeake continues to remain a solid bet and it should continue improving on the back of its smart strategies and favorable industry trends.