Chesapeake Energy Corp (OQ:CHK)

Business Focus: Oil & Gas Exploration and Production

Sector:  Energy Industry:  Oil & Gas Exploration and Production
 
See Regulatory Filings on SEC
Company Contact
Address: 6100 N WESTERN AVE
OKLAHOMA CITY OK 73118
Tel: N/A
Website: www.chk.com
IR: See website
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Key People
Michael A. Wichterich
Chairman of the Board
Domenic J. Dell'osso
President, Chief Executive Officer, Director
Mohit Singh
Chief Financial Officer, Executive Vice President
Joshua J. Viets
Chief Operating Officer, Executive Vice President
Benjamin E. Russ
Executive Vice President, General Counsel, Company Secretary
 
Business Overview
Chesapeake Energy Corporation (Chesapeake) is a natural gas and oil exploration and production company. The Company is engaged in the acquisition, exploration, and development of properties to produce oil, natural gas, and natural gas liquids (NGLs) from underground reservoirs. It owns a diverse portfolio of onshore United States unconventional natural gas and liquids assets, including interests in approximately 5,000 gross oil and natural gas wells. Its natural gas resource plays are Marcellus Shale in the northern Appalachian Basin in Pennsylvania (Marcellus) and the Haynesville/Bossier Shales in northwestern Louisiana (Haynesville). The Company's marketing operations include oil, natural gas and NGL marketing services, that consists of commodity price structuring, negotiating of gathering, hauling, processing and transportation services, and contract administration and nomination services for Chesapeake and other interest owners in Chesapeake-operated wells.
Financial Overview
For the three months ended 31 March 2024, Chesapeake Energy Corp revenues decreased 65% to $1.07B. Net income decreased 98% to $26M. Revenues reflect Natural Gas segment decrease of 43% to $786M, Oil segment decrease of 88% to $82M. Net income also reflects Gains on sales of assets decrease of 98% to $8M (income), Other operating expense increase from $3M to $17M (expense). Dividend per share decreased from $1.29 to $0.58.
Employees: 1,000 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $12,183M as of Mar 31, 2024
Annual revenue (TTM): $5,813M as of Mar 31, 2024
EBITDA (TTM): $2,276M as of Mar 31, 2024
Net annual income (TTM): $1,056M as of Mar 31, 2024
Free cash flow (TTM): -$99.00M as of Mar 31, 2024
Net Debt Last Fiscal Year: $846.00M as of Mar 31, 2024
Shares outstanding: 131,048,463 as of Apr 25, 2024
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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