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 ...

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 ...

OKLAHOMA CITY, April 17, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2024 first quarter operational and financial results after market close on Tuesday, April 30, 2024. A conference call to discuss the results has been scheduled on Wednesday, May 1, 2024 at 9:00 am EDT. The telephone number to access the conference call is 1-888-317-6003 / INT TOLL: 1-412-317-6061, passcode 9185107. A webcast link to the conference call will be provided on Chesape ...

The U.S. Energy Department's weekly inventory release showed that natural gas supplies increased more than expected. The bearish inventory numbers, together with weaker weather-related demand, affected natural gas futures, which settled with a small loss week over week. In fact, the market hasn't been kind to natural gas, with the commodity recently hitting nearly four-year lows due to worries about record output and concerns about a growing glut. At this time, we advise investors to focus on stocks like Co ...