5 Most Promising Dividend Stocks According to Analysts

4. Chesapeake Energy Corporation (NYSE:CHK)

Number of Hedge Fund Holders: 58

One-Year Average Price Estimate: $119

Chesapeake Energy Corporation (NYSE:CHK) is one of the most promising dividend stocks according to analysts. Chesapeake Energy Corporation (NYSE:CHK) had announced a $1.29 per common share to be paid in March 2023. During the fourth quarter, Chesapeake Energy Corporation (NYSE:CHK)’s adjusted EPS came in at $4.22, beating estimates by $1.32.

As of the end of the last quarter of 2022, 58 hedge funds had stakes in Chesapeake Energy Corporation (NYSE:CHK), according to Insider Monkey’s proprietary database of 943 hedge funds.

Carillon Tower Advisers made the following comment about Chesapeake Energy Corporation (NASDAQ:CHK) in its Q3 2022 investor letter:

“Chesapeake Energy Corporation (NASDAQ:CHK), a natural gas exploration and production company, emerged from bankruptcy with little fanfare in 2021, despite having rid itself of its debt burden and onerous pipeline contracts. The company was able to make two large acquisitions at very reasonable prices within its core producing areas, allowing for scale and cost savings. Then in 2022, natural gas prices began to rise well above expectations, increasing the value of Chesapeake’s large natural gas resources and production and contributing to its outperformance.”