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Chesapeake Midstream Partners $CHKM Earnings Report Preview For Tuesday's Release

Chesapeake Midstream Partners (CHKM) is anticipated to report earnings after the closing bell on February 28, 2012.

Who They Are: 

Chesapeake Midstream Partners, L.P. owns, operates, develops, and acquires natural gas gathering systems and other midstream energy assets in the United States. The company was founded in 2008 and is based in Oklahoma City, Oklahoma. Chesapeake Midstream Partners, L shares trade an average of 679,000 shares per day and has a marketcap of $2 Billion.

52 Week High: $31.19
52 Week Low: $23.93
Float Short: 0.44%

What To Expect:

Analysts are expecting an improvement of $0.10 in earnings per share compared to last quarter's results of $0.34. The number to beat is $0.44 per share based on the estimated mean earnings.
Analyst estimates range between $0.39 and $0.53 per share.

Recent Stock and Valuation Performance:

The current trailing twelve months P/E ratio is 18.6. The forward P/E ratio is 18.07.

The company has falling revenue year-over-year of $459.15 million for 2010 vs. $466.3 million for 2009. The bottom line has rising earnings year-over-year of $195.23 million for 2010 vs. $33.32 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $200.11 million for 2010 vs. $41.20 million for 2009.
The short interest is relatively low at 0.44%.

StockSaints uses information believed to be correct, but is not guaranteed and is not independently checked for accuracy You may wish to use this article as a starting point of your own research with your financial planner.

Robert Weinstein Google+

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Stock Tickers: CHKM Author Disclosure: NA