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 |
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 |