Chesapeake Energy Corporation (NASDAQ:CHK) JP Morgan Energy, Power and Renewables Conference Call June 18, 2024 9:10 AM ET Company Participants Domenic Dell’Osso - President and Chief Executive Officer Conference Call Participants Michael Johnson - JP Morgan Question-and-Answer Session Q - Michael Johnson Okay. Good afternoon. I'm Michael Johnson with JP Morgan. Pleased today to have a fireside chat with Nick Dell’Osso, CEO, longtime employee of Chesapeake Energy. Nick, thanks for coming today. I understand ...

OKLAHOMA CITY, June 11, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today published its 2023 Sustainability Report, marking the company's 12th year reporting on its environmental, social and governance (ESG) performance and the company's resilience in a lower carbon future. This reporting reflects the company's commitment to transparency, enhanced disclosures and measurable progress. Specific 2023 sustainability highlights include: These targets are in support of the company achieving ne ...

Chesapeake Energy Corporation (CHK) has announced job cuts after the sale of its oil assets in the Eagle Ford shale play, as part of a planned divestiture. The company was on the verge of bankruptcy in 2020, following the exponential fall in oil and gas prices. Since then, the company has recovered by focusing on its gas assets in the Marcellus shale in Appalachia and Haynesville shale play in Louisiana, while also reducing its presence in the oil-rich Eagle Ford shale. Chesapeake sold part of its assets in ...

So with that, thank you again and I'll now turn the time over to Nick. Today, the natural gas market is clearly oversupplied. 2024 plan is focused on discipline, operational efficiency and free cash flow generation while building the productive capacity needed to deliver for consumers when demand recovers. Importantly, we remain encouraged about the long term trajectory for natural gas, the affordable, reliable, lower carbon energy the world needs. Over the next few years, we will see significant increases ...

Key PointsChesapeake stock is down after reporting first-quarter 2024 earnings, though fundamental trends keep the stock a potential target. Stockpiling natural gas inventory and wells, the company is betting that natural gas prices will catch up to crude oil. Analysts see 230% EPS growth ahead and a double-digit upside, reiterating the 'catch up' play as a reality.5 stocks we like better than Southwestern EnergyProfessional traders often say that the first move is always wrong; how much traction that sayin ...

CHESAPEAKE ENERGI 1Q 2024 Business Unit Results | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------|-------|----------|-----------|---------|-------|-------------|--------| | | | | MARCELLUS | | | HAYNESVILLE | | | Production (mmcf/d) | | | 1,720 | | | 1,478 | | | Production Expense ($/mcf) | | | $0.14 | | | $0.28 | | | Differential to NYMEX ($/mcf) | | | ($0.21) | | | ($0.21) | | | GP&T ($/mcf) | | | $0.70 | | | $0.47 | | | Rigs | | | 4 | | | 5 | | | Spuds (by zone) | | Lower ...

Chesapeake Energy (CHK) came out with quarterly earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $1.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.42 per share when it actually produced earnings of $1.31, delivering a surprise of 211.90%.Over the last four quarter ...

Three Months Ended March 31, Securities registered pursuant to Section 12(b) of the Act: ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to CHESAPEAKE ENERGY CORPORATION (Exact name of registrant as specified in its charter) Oklahoma 73-1395733 (Registrant's telephone number, including area code) Indi ...

Exhibit 99.2 Table of Contents: Page CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) 2 | --- | --- | --- | --- | --- | |------------------------------------------------------------------------|-------|-----------------|-------|--------------------| | ($ in millions, except per share data) | Three | Months \n2024 | Ended | March 31, \n2023 | | Revenues and other: | | | | | | Natural gas, oil and NGL | $ | 589 | $ | 1,453 | | Marketing | | 312 | | 652 | | Natural gas and oil derivatives | | 172 | | 930 | | ...

OKLAHOMA CITY, April 30, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today reported first quarter 2024 financial and operating results. Net income of $26 million, or $0.18 per fully diluted share; adjusted net income(1) of $80 million, or $0.56 per share Net cash provided by operating activities of $552 million Adjusted EBITDAX(1) of $508 million; free cash flow(1) of $131 million Delivered $112 million in adjusted free cash flow(1) yielding combined quarterly base and variable dividend ...