Financial Data and Key Metrics Changes - Chesapeake Energy generated over $1.2 billion in adjusted free cash flow on a $735 million capital expenditure program for the full year 2021, indicating strong financial performance [12] - The company anticipates cash generation of $1.9 billion to $2.1 billion in 2022, representing a 60% year-over-year increase [15] - Projected total cash dividends for 2022 are between $900 million and $1.1 billion, with a combined yield for dividends and repurchases expected to reach about 18% [16] Business Line Data and Key Metrics Changes - The company closed on the Vine acquisition and is on target to close the Chief acquisition and the Powder River Basin sale later in the quarter, which will enhance operational excellence [14] - Chesapeake plans to drill approximately 60 wells in the Eagle Ford, with 50 targeting the Lower Eagle Ford and 10 focusing on the Austin Chalk [47] Market Data and Key Metrics Changes - The company is actively engaging in discussions to export LNG, aiming to link pricing to international markets [20] - There was a widening of the basis in the Haynesville region in December, attributed to pipeline maintenance, but it has since normalized [21] Company Strategy and Development Direction - Chesapeake has clarified its strategy to focus on high-return drilling locations while maintaining a strong balance sheet and a disciplined capital allocation program [9] - The company emphasizes its commitment to delivering reliable, affordable, and lower carbon energy solutions, aligning with ESG programs [10] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of the energy sector in global energy security, especially in light of recent geopolitical events [11] - The company is focused on demonstrating sustainable cash flow generation capabilities and returning cash to shareholders [14] Other Important Information - Chesapeake has established a $1 billion common stock repurchase program, expected to be executed by year-end 2023 [13] - The company has a firm boundary condition of maintaining a net debt-to-EBITDAX ratio below 1 turn [63] Q&A Session Summary Question: Flexibility on buyback program versus additional dividends - Management indicated that if more cash is available than anticipated, they would consider increasing the buyback while maintaining the framework of 50% of cash flow going to the variable dividend [18] Question: Widening differentials in Louisiana and LNG export opportunities - Management confirmed active discussions with counterparties to export LNG and mentioned that the basis in Haynesville has normalized after initial widening due to pipeline maintenance [20][21] Question: Timing and allocation for share buybacks - Management stated that they are eager to start the buyback program as soon as they can navigate the necessary rules and regulations [24][25] Question: Outlook for basis in Appalachia - Management is actively monitoring the basis and believes that the quality of their assets allows for attractive economics despite market constraints [27] Question: Inventory depth post-Chief acquisition - Management confirmed that their inventory depth is attractive, with a sustainable model for cash flow generation over a long period [31][32] Question: Hedging strategy and service cost inflation - Management emphasized the importance of hedging to underpin the capital program and noted a general inflation of about 12% across costs, particularly in pressure pumping and sand logistics [40][42] Question: Focus on Eagle Ford and potential M&A opportunities - Management indicated that while they are currently focused on integrating recent acquisitions, they remain open to future M&A opportunities that meet their non-negotiables [52][61]

| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | E A G L E F O R D M A R C E L L U S Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements that give our current expectations, management's outlook guidance or forecasts of fut ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-13726 CHESAPEAKE ENERGY CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organizati ...

Chesapeake Energy Corporation (NASDAQ:CHK) Q3 2021 Earnings Conference Call November 3, 2021 9:00 AM ET Company Participants Brad Sylvester - Vice President, Investor Relations Mike Wichterich - Chief Executive Officer Nick Dell'Osso - Chief Financial Officer Sheldon Burleson - Vice President, Southern Region Tim Beard - Vice President, Northern Region Conference Call Participants Scott Hanold - RBC Capital Markets Josh Silverstein - Wolfe Research Charles Meade - Johnson Rice Doug Leggate - Bank of Americ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13726 CHESAPEAKE ENERGY CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or org ...

Consistent Returns, Sustainable Future 2Q 2021 EARNINGS / AUGUST 10, 2021 CHESAPEAKE Forward-Looking Statements This presentation include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements other than statements of historical fact. They include statements that give our current expectations, management's outlook guidance or forecasts of future events, expected natural gas ...

Call Start: 09:00 January 1, 0000 9:47 AM ET Chesapeake Energy Corporation (NASDAQ:CHK) Q2 2021 Results Conference Call August 11, 2021, 9:00 AM ET Company Participants Mike Wichterich – Chief Executive Officer Nick Dell’Osso – Chief Financial Officer Brad Sylvester – Vice President, Investor Relations Sheldon Burleson – Vice President, Sothern Region Tim Beard Vice – President, Northern Region Conference Call Participants Scott Hanold – RBC Capital Markets Nitin Kumar – Wells Fargo Josh Silverstein – Wol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13726 CHESAPEAKE ENERGY CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organiza ...

Vine Energy Inc. (VEI) Q1 2021 Earnings Conference Call May 17, 2021 10:00 AM ET Company Participants David Erdman - Director, Investor Relations Eric Marsh - Chairman, President & Chief Executive Officer Dave Elkins - Chief Operating Officer Wayne Stoltenberg - Chief Financial Officer Conference Call Participants Phillips Johnston - Capital One Scott Hanold - RBC Capital Markets John Abbott - Bank of America Devin McDermott - Morgan Stanley Jeanine Wai - Barclays Operator Good day and thank you for standin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Securities Registered Pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common Stock, $0.01 par value pe ...