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 ...

Chesapeake Energy (CHK) and Southwestern Energy (SWN) have announced a delay in the completion of their $7.4 billion merger, with the new closing date set for the second half of 2024.Initially, Chesapeake aimed to finalize the acquisition of its smaller rival by the second quarter of 2024. This postponement comes after the Federal Trade Commission (“FTC”) issued a second request for additional information, signifying a deeper review process of the merger.The FTC's request is part of a broader trend of incre ...

The U.S. Energy Department's weekly inventory release showed that natural gas supplies decreased less than expected. The bearish inventory numbers notwithstanding, futures settled with a slight gain week over week on signs of production pullback.Despite this spike, 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 Coterra Energy ( ...

Crude oil prices have been on fire this year with OPEC’s production cuts and the anticipation of interest rate pullbacks. Amidst the bullishness, though, it’s important to be circumspect, which should have investors considering energy stocks to sell in April.Building a balanced and diversified portfolio is imperative in capitalizing on the market’s current momentum. Also, with rate cuts imminent, it is imperative to take advantage of a market environment that is ripe with both opportunities and challenges. ...

The U.S. Energy Department's weekly inventory release showed that natural gas supplies decreased more than expected. The positive inventory numbers, together with signs of production pullback, buoyed natural gas futures, which settled with a healthy gain week over week.Despite this spike, 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 stoc ...