Chesapeake Energy’s Implied Volatility after Its 4Q16 Earnings

Chesapeake Energy’s (CHK) current implied volatility is 56%—about 1.5% higher than its 15-day average of 55.2%. Chesapeake Energy’s implied volatility has fallen significantly since last year.

Chesapeake’s peers Noble Energy (NBL) and Rice Energy (RICE) have implied volatilities of ~36% and 49.5%, respectively. All of these companies account for ~5.5% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). CHK’s peer Cabot Oil & Gas (COG) has an implied volatilities 37%.