Chesapeake Energy’s revenue and EPS trends
Chesapeake Energy’s (CHK) 1Q16 revenue fell by ~43% YoY (year-over-year). In comparison, its YoY revenue growth was -33% in 1Q15 and -43.4% in 4Q15.
We can see in the above graph that since 1Q15, Chesapeake Energy’s revenue has been negative on a year-over-year basis. Keep reading Market Realist to see how CHK’s revenues fare in 2Q16.
In comparison, Chesapeake Energy’s peer EQT (EQT) reported revenue growth of -20% YoY in 1Q16, and Antero Resources (AR) reported revenue growth of ~17% YoY. These companies make up 6.2% of the iShares US Oil & Gas Exploration & Production ETF (IEO).