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Chesapeake Energy Corp (CHK.N)

CHK.N on New York Stock Exchange

1.39USD
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Chesapeake Energy Corp Reports Q2 EPS of $0.05
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Chesapeake Energy Corp ::CORPORATION REPORTS 2019 SECOND QUARTER FINANCIAL AND OPERATIONAL RESULTS.Q2 ADJUSTED LOSS PER SHARE $0.10 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE $0.05.Q2 EARNINGS PER SHARE ESTIMATE $-0.06 -- REFINITIV IBES DATA.QTRLY TOTAL REVENUE $2.37 BILLION VERSUS $2.26 BILLION .DELIVERED OIL PRODUCTION OF 122,000 BARRELS (BBLS) OF OIL PER DAY IN QUARTER, YEAR-OVER-YEAR GROWTH OF 36%.OIL PRODUCTION POISED TO INCREASE IN SECOND HALF OF 2019.PROJECTED TO GROW OIL PRODUCTION BY DOUBLE-DIGITS IN 2020 ON APPROXIMATELY FLAT YEAR-OVER-YEAR CAPEX.PROJECTED 2019 TOTAL SAVINGS OF $250 TO $280 MILLION.REDUCING CAPITAL ALLOCATION TO GAS ASSETS, FORECASTING DOUBLE-DIGIT GAS DECLINE IN 2020.WITH ABOUT FLAT CAPITAL PROGRAM IN 2019, PROJECT OUR 2020 OIL VOLUMES WILL SHOW DOUBLE-DIGIT PERCENTAGE GROWTH OVER 2019.AVERAGE DAILY PRODUCTION FOR 2019 SECOND QUARTER WAS APPROXIMATELY 496,000 BOE.  Full Article

Chesapeake Energy Qtrly Total Adj. Net Income/Shr Attributable To Chesapeake, Under Full Cost, $0.14
Wednesday, 8 May 2019 

May 8 (Reuters) - Chesapeake Energy Corp ::ORATION REPORTS 2019 FIRST QUARTER FINANCIAL AND OPERATIONAL RESULTS.QTRLY LOSS PER SHARE, AS REPORTED UNDER SUCCESSFUL EFFORTS, OF $0.03.AVERAGE DAILY PRODUCTION FOR 2019 Q1 WAS APPROXIMATELY 484,000 BOE COMPARED TO APPROXIMATELY 554,000 BOE IN 2018 Q1..QTRLY EARNINGS PER SHARE, UNDER FULL COST, OF $0.11.QTRLY TOTAL ADJUSTED NET INCOME PER SHARE ATTRIBUTABLE TO CHESAPEAKE, UNDER FULL COST, $0.14.CHESAPEAKE SAYS "BELIEVE WE WILL SEE SIGNIFICANTLY MORE SAVINGS IN YEAR AHEAD AS WE FULLY INTEGRATE OUR BRAZOS VALLEY OPERATIONS INTO CHESAPEAKE".QTRLY TOTAL REVENUE $2,162 MILLION VERSUS $2,489 MILLION.QTRLY TOTAL REVENUES AND OTHER $2,196 MILLION VERSUS $2,524 MILLION.Q1 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $2.35 BILLION -- REFINITIV IBES DATA.QTRLY AVERAGE OIL PRODUCTION OF APPROXIMATELY 109,000 BARRELS PER DAY, YEAR-OVER-YEAR ABSOLUTE GROWTH OF 18%.QTRLY TOTAL ADJUSTED NET LOSS PER SHARE ATTRIBUTABLE TO CHESAPEAKE, AS REPORTED, $0.02.COMPANY REMAINS ON TRACK TO DELIVER OIL GROWTH OF APPROXIMATELY 32% WITH A YEAR-END OIL MIX OF APPROXIMATELY 26%.  Full Article

Chesapeake Energy Corp Says CEO Lawler's 2018 Compensation Was $22.7 Million - SEC Filing
Friday, 5 Apr 2019 

April 5 (Reuters) - Chesapeake Energy Corp ::CHESAPEAKE ENERGY CORP - CEO LAWLER'S 2018 TOTAL COMPENSATION WAS $22.7 MILLION - SEC FILING.CHESAPEAKE ENERGY CORP - CFO DELL'OSSO JR'S 2018 TOTAL COMPENSATION WAS $7.5 MILLION VERSUS $5.1 MILLION IN 2017- SEC FILING.CHESAPEAKE ENERGY CORP - RATIO OF 2018 TOTAL CEO COMPENSATION TO THAT OF THE MEDIAN EMPLOYEE WAS 172 TO 1..  Full Article

Chesapeake Energy Reports Q4 Adj EPS Of $0.21
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Chesapeake Energy Corp ::CORPORATION REPORTS 2018 FULL YEAR AND FOURTH QUARTER RESULTS AND ANNOUNCES 2019 GUIDANCE.Q4 EARNINGS PER SHARE ESTIMATE $0.19 -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE $0.49.Q4 ADJUSTED EARNINGS PER SHARE $0.21.CORP - PROJECTED 2019 AVERAGE DAILY OIL PRODUCTION OF APPROXIMATELY 116,000 TO 122,000 BBLS.CORP - PROJECTED 2019 CAPITAL EXPENDITURES RANGE FROM $2.3 TO $2.5 BILLION.CORP - AVERAGE DAILY PRODUCTION FOR 2018 Q4 WAS APPROXIMATELY 464,000 BOE, A 7 PERCENT DECREASE COMPARED TO 2017 LEVELS.CORP - CASH COSTS PROJECTED TO DECREASE BY APPROXIMATELY $200 MILLION IN 2019.QTRLY TOTAL REVENUES $3,069 MILLION VERSUS $2,519 MILLION.CORP - PROJECT AVERAGE OIL MIX TO BE APPROXIMATELY 24 PERCENT OF TOTAL VOLUMES IN 2019 COMPARED TO 17 PERCENT IN 2018.CORP - AT TODAY'S STRIP PRICING, EXPECT CASH FLOW TO BE MEANINGFULLY STRONGER IN 2019.CORP - OVERALL TOTAL DEBT REDUCTION OF $1.8 BILLION AS OF DECEMBER 31, 2018, INCLUDING ELIMINATION OF $2.6 BILLION IN SECURED DEBT.QTRLY OIL PRODUCTION 87 MBBL PER DAY VERSUS 100 MBBL PER DAY.  Full Article

Carlyle Group LP Reports 10.6 Percent Passive Stake In Chesapeake Energy Corp As Of Feb 1
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Chesapeake Energy Corp ::CARLYLE GROUP LP REPORTS 10.6 PERCENT PASSIVE STAKE IN CHESAPEAKE ENERGY CORP AS OF FEB 1 - SEC FILING.  Full Article

Chesapeake Energy, Wildhorse Resource Development Corp Announce Preliminary Results For Election Of Form Of Merger Consideration
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Wildhorse Resource Development ::CHESAPEAKE ENERGY AND WILDHORSE RESOURCE DEVELOPMENT CORPORATION ANNOUNCE PRELIMINARY RESULTS FOR ELECTION OF FORM OF MERGER CONSIDERATION.WILDHORSE RESOURCE DEVELOPMENT - ABOUT 5.3% HOLDERS OF SHARES OF WILDHORSE COMMON STOCK ELECTED TO RECEIVE SHARE CONSIDERATION.WILDHORSE RESOURCE DEVELOPMENT - ABOUT 94.7% HOLDERS OF SHARES OF WILDHORSE COMMON STOCK ELECTED TO RECEIVE MIXED CONSIDERATION.  Full Article

U.S. Silica's SandBox Unit Awarded Last-Mile Logistics Agreement with Chesapeake Energy
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - U.S. Silica Holdings Inc ::U.S. SILICA'S SANDBOX UNIT AWARDED LAST-MILE LOGISTICS AGREEMENT WITH CHESAPEAKE ENERGY.U.S. SILICA HOLDINGS INC - SPECIFIC TERMS OF AGREEMENT WERE NOT DISCLOSED.  Full Article

Chesapeake Energy Enters Amended Employment Agreement With CEO Robert Lawler
Friday, 4 Jan 2019 

Jan 4 (Reuters) - Chesapeake Energy Corp ::CHESAPEAKE ENERGY CORP - ENTERED INTO AN AMENDED EMPLOYMENT AGREEMENT WITH ROBERT D. LAWLER, PRESIDENT AND CHIEF EXECUTIVE OFFICER..CHESAPEAKE ENERGY CORP - AMENDMENT EXTENDS LAWLER'S TERM TO DECEMBER 31, 2021.CHESAPEAKE ENERGY CORP - ENTERED INTO NEW THREE-YEAR EMPLOYMENT AGREEMENT WITH CHIEF FINANCIAL OFFICER DOMENIC DELL'OSSO, JR..  Full Article

Enviva Partners Reports Incident At Its Chesapeake Terminal
Thursday, 1 Mar 2018 

March 1 (Reuters) - Enviva Partners Lp ::ENVIVA PARTNERS, LP REPORTS INCIDENT AT ITS CHESAPEAKE TERMINAL.ENVIVA PARTNERS LP - ‍FIRE COMMENCED AT DEEP-WATER MARINE TERMINAL IN CHESAPEAKE, VIRGINIA LATE ON TUESDAY, FEBRUARY 27, 2018​.ENVIVA PARTNERS LP - ‍CHESAPEAKE TERMINAL FIRE MAY IMPACT TIMING AND NUMBER OF SHIPMENTS IN Q1 OF 2018​.ENVIVA PARTNERS LP - ‍ EXPECTS TO UTILIZE SEVERAL STORAGE ALTERNATIVES TO MINIMIZE IMPACT OF INCIDENT AT ITS CHESAPEAKE TERMINAL​.ENVIVA PARTNERS LP - ‍PARTNERSHIP DOES NOT EXPECT FIRE TO IMPACT GUIDANCE FOR 2018 ADJUSTED EBITDA AND DISTRIBUTABLE CASH FLOW​.ENVIVA PARTNERS - ‍PARTNERSHIP EXPECTS TO INCUR COST & LIABILITIES ASSOCIATED WITH CHESAPEAKE TERMINAL​ EVENT, WHICH MAY IMPACT Q1'S FINANCIAL RESULTS.  Full Article

Chesapeake Energy Reports Adj Earnings Per Share Of $0.30
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Chesapeake Energy Corp ::CHESAPEAKE ENERGY CORPORATION REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL AND OPERATIONAL RESULTS AND ANNOUNCES 2018 GUIDANCE.Q4 ADJUSTED EARNINGS PER SHARE $0.30 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.33.AVERAGE DAILY PRODUCTION FOR 2017 Q4 OF APPROXIMATELY 593,200 BOE INCREASED BY 15 PERCENT OVER 2016 Q4 LEVELS.QTRLY TOTAL REVENUE $ 2,519 MILLION VERSUS $2,021 MILLION.QTRLY AVERAGE DAILY PRODUCTION CONSISTED OF APPROXIMATELY 99,900 BBLS OF OIL, 2.603 BCF OF NATURAL GAS AND 59,500 BBLS OF NGL.SEES LIQUIDS ABSOLUTE PRODUCTION FOR YEAR ENDING DEC 31. 2018 BETWEEN 51.0 MMBBLS AND 55.0 MMBBLS.SEES TOTAL CAPITAL EXPENDITURES $1,975 MILLION - $2,375 MLN‍​ FOR YEAR ENDING DEC 31, 2018 ‍​.SEES OIL ABSOLUTE PRODUCTION FOR YEAR ENDING DEC 31. 2018 BETWEEN 31.0 MMBBLS AND 33.0 MMBBLS.SEES NGL ABSOLUTE PRODUCTION FOR YEAR ENDING DEC 31. 2018 BETWEEN 20.0 MMBBLS AND 22.0 MMBBLS.Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $2.30 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Chesapeake Energy shares tumble on cash flow worries

Chesapeake Energy Corp's shares reversed course on Tuesday to trade down nearly 12% as Wall Street analysts raised concerns about the oil and gas producer's debt level and the impact of spending on its cash flow.