Chesapeake Energy

Chesapeake Energy Corp. engages in the acquisition, exploration and development of properties for the production of oil, natural gas and natural gas liquids from underground reservoirs. It focuses its acquisition, exploration, development and production efforts in the following geographic operating areas: Marcellus, Haynesville, Eagle Ford, Brazos Valley, and Powder River Basin. The company was founded by Aubrey K. McClendon and Tom L. Ward on May 18, 1989 and is headquartered in Oklahoma City, OK.

Earnings data Q2 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Chesapeake Energy sells Eagle Ford assets, focuses on growth strategy

Chesapeake Energy's Q4 performance reflects a strategic shift towards Marcellus and Haynesville assets post-Eagle Ford divestiture.
The company remains focused on operational efficiency, cash flow management, and shareholder value creation amidst market challenges.
Engagement with rating agencies and proactive hedging demonstrate a commitment to financial discipline and long-term growth strategies.
Chesapeake's confidence in creating shareholder value and navigating market challenges positions them for a promising year ahead.

Chesapeake Energy reports strong Q1 performance and LNG growth strategy

Chesapeake Energy's Q1 2023 earnings call highlighted a robust financial performance, strategic focus on LNG readiness, and efforts to enhance operational efficiency. While facing challenges in reducing capital expenditure and potential service cost pressures, the company remains agile in adapting to market conditions and leveraging opportunities for growth.

Chesapeake Energy (CHK) reports strong Q2 performance and strategic focus

Chesapeake Energy's Q2 2023 earnings call highlighted operational success, financial strength, and a cautious approach to market challenges. The company's focus on shareholder value creation, strategic acquisitions, and technology transfer between wells positions it for future growth. Challenges in technology replication and market uncertainties require a vigilant approach to capital allocation and operational decisions.

Chesapeake Energy excels in Q3, poised for growth in LNG

Chesapeake Energy delivered a strong performance in Q3 2023, showcasing operational excellence, financial strength, and strategic market positioning.
While facing challenges in industry consolidation and market dynamics, the company is well-positioned to leverage opportunities for growth and profitability.
Investors can be optimistic about Chesapeake Energy's future outlook, supported by operational achievements, financial stability, and strategic initiatives in the LNG sector.

Chesapeake Energy reports strong operational gains and strategic merger plans

Chesapeake Energy's Q4 2023 earnings call highlighted operational achievements, strategic decisions, and challenges in a competitive market. The company's focus on cost efficiencies, shareholder value, and market responsiveness positions it for sustainable growth. Opportunities in optimizing production, generating free cash flow, and leveraging natural gas as an energy solution underscore potential avenues for future success.

Chesapeake Energy focuses on discipline and efficiency amid market challenges

Chesapeake Energy's Q1 2024 earnings call highlighted financial discipline, operational efficiency, and strategic planning amidst an oversupplied natural gas market.
The company's strong capital structure, optimism about long-term demand growth, and focus on integration planning post-merger position it well for future success.
While facing challenges in market dynamics and production adjustments, Chesapeake Energy sees opportunities in LNG exports, cost synergies post-merger, and improving gas market conditions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Expand Energy Corp. engages in the production and development of natural gas, oil, and natural gas liquids. Its operations include Haynesville, Northeast Appalachia, and Southwest Appalachia. The company was founded in 2024 and is headquartered in Oklahoma City, OK.

Anticipated surge in U.S.-based natural gas demand in 2024 highlights Chesapeake Energy Corporation's potential. Natural gas prices are expected to stabilize around $3 MMBtu and gradually increase in the coming months, enhancing Chesapeake Energy's profitability. Despite existing challenges in the energy market and EPS comparables, market trends reflect positive expectations for Chesapeake Energy Corporation's future stability and growth.

Chesapeake Energy And The Electrification Of Energy Demand

Chesapeake Energy (CHK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Chesapeake Energy (CHK) Beat Estimates Again in Its Next Earnings Report?

Coterra Energy

Cheniere Energy

Because of uncertainty around demand and supply in the natural gas market, we advise focusing on fundamentally sound companies like CHK, CTRA and LNG.

Natural Gas Tops $3 as Traders Bet on Strengthing Demand

Natural Gas Storage Rises, Investors Stay Focused on Weather

Northern Oil and Gas

All three energy stocks have consistently realized lower volatility.

3 Oil Stocks With Serious Contrarian Potential

Black Stone Minerals LP

Multiple natural gas export terminals are set to begin operations, increasing LNG exports from 14 BCF/d to over 26.5 BCF/day by 2030. Projects such as Golden Pass, Plaquemines, and Corpus Christi will come online in the next few years, adding 5 BCF/d of capacity. Investors can benefit from investing in producers, midstream companies, export terminals, and maritime transportation companies in the natural gas value chain.

The Dividend Investor's Natural Gas Export Playbook - Part 1

Natural Gas Logs Weekly Gain: Here's What Caused the Uptick

Chesapeake Energy management shows operational improvements but lacks transparency and full disclosure to shareholders. Selling the Eagle Ford assets while retaining the Haynesville acreage may be a strategic mistake, as oil prices are strengthening and increasing profitability in the Eagle Ford. Chesapeake Energy's competitors provide more supporting detail and insight into their business, making their investment more appealing.

Chesapeake Energy: Finally

Gulfport Energy Corp

Because of uncertainty around demand and supply in the natural gas market, we advise focusing on fundamentally sound companies like CHK and LNG.

What Triggered the Fall in Naural Gas Prices Last Week?

Chesapeake Energy Corporation (NASDAQ:CHK ) Barclays 2023 CEO Energy-Power Conference Transcript September 6, 2023 8:00 AM ET Executives Nick Dell'Osso - President and CEO Analysts Unidentified Analyst Hello. Good morning.

Chesapeake Energy Corporation (CHK) Management Presents at Barclays 2023 CEO Energy-Power Conference (Transcript)

Know Why Natural Gas Prices Ended 4.1% Higher Past Week

Find Out How the Natural Gas Market Performed Last Week

There are some changes to the S&P MidCap 400 and the S&P SmallCap 600 that will go into effect Monday.

This Natural Gas Stock Is The Big Winner On New S&P Index Shuffle

Apollo Global Management

Arconic

Mercury Systems

NEW YORK , Aug. 16, 2023 /PRNewswire/ -- Chesapeake Energy Corp. (NASD:CHK) will replace Mercury Systems Inc. (NASD: MRCY) in the S&P MidCap 400, and Mercury Systems will replace Arconic Corp. (NYSE: ARNC) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, August 21. Apollo Global Management Inc. (NYSE:APO) is acquiring Arconic in a deal that is expected to close soon, pending final closing conditions.

Chesapeake Energy Set to Join S&P MidCap 400

Chesapeake Energy Corp. CHK will replace Mercury Systems Inc. MRCY on the S&P MidCap 400, S&P Dow Jones Indices said on Wednesday, while Mercury Systems will replace Arconic Corp. ARNC in the S&P SmallCap 600. Both moves take hold prior to the start of trading on Aug. 21.

Chesapeake Energy to join S&P MidCap 400

SilverBow Resources

SilverBow Resources Inc (NYSE:SBOW) chief executive Sean Woolverton told investors that his company is now “the largest public pure-play Eagle Ford operator”, as it agrees to buy Chesapeake Energy's (NYSE:CHK) final remaining assets in the Eagle Ford shale play. The companies today announced a US$700 million transaction which significantly scales up SilverBow.

SilverBow Resources now largest Eagle Ford ‘pure-play' as it agrees US$700mln Chesapeake deal

Chesapeake Energy Corporation (NYSE:CHK) has exited the Eagle Ford shale, a core area of the ‘shale boom' of the 2010s, in a US$700 million transaction with  SilverBow Resources. The final asset sale in the Eagle Ford takes Chesapeake's total proceeds from the play exit to over US$3.5 billion.

Chesapeake Energy exits Eagle Ford shale pocketing US$700mln in final asset

Chesapeake Energy said on Monday it would sell its remaining Eagle Ford assets to SilverBow Resources for $700 million, completing its exit from the south Texas basin.

Chesapeake to exit Eagle Ford basin with $700 mln SilverBow deal

Chesapeake Energy Corp. CHK, -0.55% said Monday it has agreed to sell its remaining Eagle Ford assets to SilverBow Resources Inc. SBOW, -0.20% for $700 million. The deal, which is expected to close in 2023, brings the total proceeds from the Eagle Ford exit to more than $3.5 billion.

Chesapeake to sell remaining Eagle Ford assets to SilverBow Resources for $700 million

HOUSTON--(BUSINESS WIRE)--SilverBow Resources, Inc. (NYSE: SBOW) (“SilverBow” or “the Company”) announced today that it has entered into an agreement (the “Purchase Agreement”) to acquire Chesapeake Energy Corporation's (“Chesapeake”) oil and gas assets in South Texas (the “Chesapeake South Texas Assets”) for a purchase price of $700 million, comprised of a $650 million upfront cash payment due at closing and an additional $50 million deferred cash payment due 12 months post close, subject to c.

SilverBow Resources Announces Transformational Acquisition of Chesapeake's South Texas Position

Total Proceeds from Eagle Ford Exit to Top $3.5 billion OKLAHOMA CITY, Aug. 14, 2023 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. (NYSE:SBOW) for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5 billion. "We are pleased to have successfully completed the exit of our Eagle Ford asset, allowing us to focus our capital and team on the premium rock, returns and runway of our Marcellus and Haynesville positions," said Chesapeake President and Chief Executive Officer Nick Dell'Osso.

CHESAPEAKE ENERGY CORPORATION ANNOUNCES SALE OF FINAL EAGLE FORD PACKAGE FOR $700 MILLION

APA Corporation

Antero Resources

Devon Energy

Range Resources

Southwestern Energy

Williams

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

10 Best Natural Gas Stocks to Buy Now

Chesapeake Energy Corporation (NASDAQ:CHK ) Q2 2023 Earnings Conference Call August 2, 2023 9:00 AM ET Company Participants Chris Ayres - VP of IR and Treasurer Nick Dell'Osso - President and CEO Josh Viets - COO Mohit Singh - CFO Conference Call Participants Umang Choudhary - Goldman Sachs Josh Silverstein - UBS Doug Leggate - Bank of America Matt Portillo - TPH Zach Parham - JPMorgan Bertrand Donnes - Truist Paul Diamond - Citigroup Scott Hanold - RBC Capital Roger Read - Wells Fargo Subash Chandra - Benchmark Operator Good morning, and welcome to the Chesapeake Energy Second Quarter 2023 Conference Call. [Operator Instructions] Please note, this event is being recorded.

Chesapeake Energy Corporation (CHK) Q2 2023 Earnings Call Transcript

U.S. oil and gas company Chesapeake Energy on Wednesday said it expects deflation in oilfield service costs by 5% to 7% next year as weaker drilling and completions activity hurts demand, even as service providers have vowed to maintain prices.

Chesapeake Energy sees 5% to 7% drop in oilfield service costs in 2024

Chesapeake Energy (CHK) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $4.87 per share a year ago.

News for Chesapeake Energy Stock (CHK)