Press Releases
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Mar 8, 2013
OKLAHOMA CITY--(BUSINESS WIRE)--Mar. 8, 2013-- Chesapeake Energy Corporation (NYSE:CHK) today announced that it is seeking a declaratory judgment in the United States District Court for the...
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Mar 7, 2013
OKLAHOMA CITY--(BUSINESS WIRE)--Mar. 7, 2013-- The Board of Directors of Chesapeake Energy Corporation (NYSE:CHK) has accepted the resignation of board member V. Burns Hargis, effective...
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Feb 25, 2013
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 25, 2013-- Chesapeake Energy Corporation (NYSE:CHK) and Sinopec International Petroleum Exploration and Production Corporation (Sinopec) today announced the...
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Feb 21, 2013Company Reports 2012 Fourth Quarter Net Income Available to Common Stockholders of $257 Million, or $0.39 per Share, Adjusted Net Income Available to Common Stockholders of $153 Million, or $0.26 per Share, and Adjusted Ebitda and Operating Cash Flow of $1.1 Billion 2012 Fourth Quarter Production Totals 362 Bcfe for an Average of 3.9 Bcfe per Day, an Increase of 9% Year over Year; 2012 Fourth Quarter Liquids Production Totals 147,500 Bbls per Day, an Increase of 39% Year over Year Company Reports 2012 Year-End Proved Reserves of 15.7 Tcfe; Adds Proved Reserves of 5.0 Tcfe in 2012
OKLAHOMA CITY, FEBRUARY 21, 2013 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2012 fourth quarter and full year. For the 2012 fourth...
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Feb 20, 2013Extensive Review of Alleged Conflicts of Interest and Other Matters Involving CEO Aubrey K. McClendon Did Not Find Any Intentional Misconduct Board Also Finds Company Did Not Violate Antitrust Laws in Regard to Acquisition of Michigan Oil and Gas Rights in 2010
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 20, 2013-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has received the results of its previously announced review of...
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Jan 30, 2013Aubrey K. McClendon to Retire from the Company on April 1, 2013 Board Announces that its Extensive Review of Alleged Conflicts of Interest and Other Matters Involving McClendon Has to Date Found No Improper Conduct, Final Report to be Completed in Mid-February
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 29, 2013-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Co-founder, Chief Executive Officer and President, Aubrey K. McClendon, has agreed...
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Jan 16, 2013At #26, Highest Ranked Oklahoma-Based Company and Second Highest Ranked Energy Company
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 16, 2013-- For the sixth consecutive year FORTUNE Magazine named Chesapeake Energy Corporation (NYSE:CHK) to its list of 100 Best Companies to Work For®....
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Jan 15, 2013
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 15, 2013-- Chesapeake Energy Corporation (NYSE:CHK) has scheduled to release its 2012 fourth quarter and full year operational update and financial results...
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Dec 17, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Dec. 17, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will...
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Dec 11, 2012Recently Completed Midstream Transactions Yield Additional Proceeds of $175 Million; Additional Midstream Sales of $425 Million Anticipated by the End of the 2013 First Quarter, Bringing Total of Current and Anticipated Midstream Asset Sales to $2.75 Billion Combined with $2.125 Billion of Midstream Sales Completed in the 2012 Second and Third Quarters, Chesapeake to Net a Total of $4.875 Billion from its Midstream Exit
OKLAHOMA CITY--(BUSINESS WIRE)--Dec. 11, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced it has entered into a definitive agreement to sell a substantial majority of its remaining...
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Nov 29, 2012Only Conversion Kit EPA Certified for 2010-12 New On-road Diesel Engines
OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 29, 2012-- Peake Fuel Solutions, L.L.C., a wholly-owned subsidiary of Chesapeake Energy Corporation (NYSE:CHK), today announced the development of a new,...
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Nov 7, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 7, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced the pricing of an unsecured five-year term loan facility in an aggregate principal amount of...
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Nov 1, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Nov. 1, 2012-- Chesapeake Energy Corporation (NYSE:CHK) announced today that it has engaged Bank of America, N.A., Goldman Sachs Bank USA and Jefferies Finance LLC...
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Nov 1, 2012Company Reports 2012 Third Quarter Net Loss to Common Stockholders of $2.1 Billion, or $3.19 per Fully Diluted Common Share, on Revenue of $3.0 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $33 Million, or $0.10 per Fully Diluted Common Share, Adjusted Ebitda of $1.0 Billion and Operating Cash Flow of $1.1 Billion; Adjusted Ebitda Increases 27% Sequentially and Operating Cash Flow Increases 25% Sequentially 2012 Third Quarter Average Daily Production Increases 24% Year over Year and 9% Sequentially to 4.142 Bcfe; Average Daily Liquids Production Increases 51% Year over Year and 10% Sequentially to 143,000 Bbls, or 21% of Total Production; Average Daily Oil Production Increases 96% Year over Year and 21% Sequentially to 97,800 Bbls
OKLAHOMA CITY, OKLAHOMA, NOVEMBER 1, 2012 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2012 third quarter. For the 2012 third quarter,...
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Oct 22, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Oct. 22, 2012-- Chesapeake Energy Corporation (NYSE:CHK) announced today it has completed the sale of its previously announced asset packages in the Permian Basin....
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Oct 9, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Oct. 9, 2012-- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2012 third quarter operational update and financial results to be released after the close...
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Sep 24, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Sep. 24, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will...
Sep 21, 2012OKLAHOMA CITY--(BUSINESS WIRE)--Sep. 21, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced the appointment of James R. Webb as Senior Vice President – Legal and General Counsel....
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Sep 12, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Sep. 12, 2012-- Chesapeake Energy Corporation (NYSE:CHK) announced today it has entered into multiple agreements to sell the vast majority of its Permian...
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Aug 6, 2012Company Reports 2012 Second Quarter Net Income to Common Stockholders of $929 Million, or $1.29 per Fully Diluted Common Share, on Revenue of $3.4 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $3 Million, or $0.06 per Fully Diluted Common Share, Adjusted Ebitda of $803 Million and Operating Cash Flow of $895 Million 2012 Second Quarter Average Daily Total Production of 3.808 Bcfe per Day Increases 25% Year over Year and 4% Sequentially; 2012 Second Quarter Daily Liquids Production Increases 65% Year over Year and 15% Sequentially to 130,200 Bbls per Day, or 21% of Total Production 2013 Liquids Production Projected to Increase 32% and 2013 Natural Gas Production to Decrease 7% Company Anticipates Entering into Sales of Approximately $7.0 Billion in the 2012 Third Quarter, Bringing Expected 2012 Sales through the Third Quarter to Approximately $11.7 Billion Strong 2012 First Half Proved Reserve Additions of 4.2 Tcfe Exceeded by Price-Related Downward Revisions of 4.6 Tcfe Largely Attributable to Removing Barnett and Haynesville PUDs; Total Proved Reserves Decrease 7% Year to Date to 17.4 Tcfe, or 2.9 Bboe
OKLAHOMA CITY, OKLAHOMA, AUGUST 6, 2012 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2012 second quarter. For the 2012 second quarter,...
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Jul 10, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jul. 10, 2012-- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2012 second quarter operational update and financial results to be released after the...
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Jul 2, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jul. 2, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that Global Infrastructure Partners (GIP) has closed the previously announced acquisition of...
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Jul 2, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jul. 2, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that Global Infrastructure Partners (GIP) has closed the previously announced...
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Jun 21, 2012Archie W. Dunham, Former Chairman of ConocoPhillips, Named Independent Non-Executive Chairman Four Other New Independent Directors Also Join Board: Bob G. Alexander, R. Brad Martin, Frederic M. Poses and Vincent J. Intrieri
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 21, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced the appointment of five new independent directors to its reconstituted nine-member Board of...
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Jun 12, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 12, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will...
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Jun 8, 2012Company to Sell All of Its Limited Partner Units and General Partner Interest in Chesapeake Midstream Partners, L.P. to Global Infrastructure Partners for Cash Proceeds of $2.0 Billion Company Also Enters into Letter Agreements to Sell Chesapeake Midstream Development, L.P. to Global Infrastructure Partners and Certain Mid-Continent Midstream Assets to Chesapeake Midstream Partners, L.P. for Expected Total Cash Proceeds of More than $2.0 Billion Divestitures Allow Company to Reduce Previously Budgeted Capital Expenditures by Approximately $3.0 Billion over the Next Three Years
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 8, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced plans to sell its midstream assets in three separate transactions for total expected cash...
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Jun 8, 2012Partnership Extends Financial Outlook Through 2013
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 8, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that Global Infrastructure Partners has agreed to acquire all of Chesapeake Energy...
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Jun 8, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 8, 2012-- Chesapeake Energy Corporation (NYSE:CHK) announced preliminary voting results from its Annual Meeting of Shareholders held today at the company’s...
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Jun 4, 2012Company to Add Four New Independent Directors; Four Existing Directors to Resign, a Fifth to Retire; Selection of New Independent Non-Executive Chairman Nearing Completion; Aubrey K. McClendon to Remain Chief Executive Officer and a Director Majority Voting Standard Would Be Applied to Results of 2012 Annual Meeting; Board to Support Annual Election of All Directors
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 4, 2012-- Chesapeake Energy Corporation (NYSE: CHK) today announced that following extensive discussions with its two largest shareholders, Southeastern Asset...
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Jun 1, 2012Exploratory Hogshooter Well Has Produced an Average of Approximately 7,350 Boe per Day During Its First Eight Days of Stabilized Production Company Believes It Will Drill Approximately 65 Additional Wells in the Play During the Next Few Years
OKLAHOMA CITY--(BUSINESS WIRE)--Jun. 1, 2012-- Chesapeake Energy Corporation (NYSE: CHK) today announced a significant new discovery in the Hogshooter play in the Anadarko Basin of the Texas...
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May 25, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--May. 25, 2012-- Chesapeake Energy Corporation (NYSE: CHK) today issued the following statement regarding the Schedule 13D filed late today by affiliates of Carl...
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May 23, 2012Board of Directors Outlines Numerous Actions Taken to Enhance Corporate Governance
OKLAHOMA CITY--(BUSINESS WIRE)--May. 23, 2012-- The Board of Directors of Chesapeake Energy Corporation (NYSE:CHK) today released a letter to shareholders addressing certain issues recently raised...
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May 18, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--May. 18, 2012-- The Board of Directors of Chesapeake Energy Corporation (NYSE:CHK) today announced that it has adopted a new compensation arrangement for outside...
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May 15, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--May. 15, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced it has increased the size of a previously announced unsecured term loan from Goldman Sachs...
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May 14, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--May. 14, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced it will webcast its 2012 Institutional Investor and Analyst Meeting. The meeting...
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May 11, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--May. 11, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced it has entered into a $3.0 billion unsecured loan from Goldman Sachs Bank USA and...
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May 3, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--May. 3, 2012-- Chesapeake Energy Corporation (NYSE: CHK) today confirmed that the company and its Chairman and CEO, Aubrey K. McClendon, have been notified by the...
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May 1, 2012Board to Name Independent, Non-Executive Chairman
OKLAHOMA CITY--(BUSINESS WIRE)--May. 1, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has renegotiated the terms of the company's Founder Well...
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May 1, 2012Company Reports 2012 First Quarter Net Loss to Common Stockholders of $71 Million, or $0.11 per Fully Diluted Common Share, on Revenue of $2.4 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $94 Million, or $0.18 per Fully Diluted Common Share, Adjusted Ebitda of $838 Million and Operating Cash Flow of $910 Million 2012 First Quarter Average Daily Total Production of 3.658 Bcfe per Day Increases 18% Year over Year and 2% Sequentially, Despite Voluntary Net Natural Gas Curtailments of 30 Bcf (54 Bcf Gross) during February and March; 2012 First Quarter Daily Liquids Production Increases 69% Year over Year and 7% Sequentially to 113,600 Bbls per Day; Liquids Production Reaches 19% of Total Production and 61% of Unhedged Natural Gas and Liquids Revenue Company Adds New Net Proved Reserves of Approximately 1.8 Tcfe, or 300 Mmboe, through the Drillbit in the 2012 First Quarter at a Drilling and Completion Cost of Only $1.19 per Mcfe, or $7.14 per Boe Company Has Completed $2.6 Billion of Asset Monetizations Year to Date and Is on Track to Complete an Expected $11.5-14.0 Billion of Total Asset Monetizations in 2012; Proceeds Expected to Fully Fund 2012 Capital Expenditure Budget and Reduce Long-Term Debt to the 25/25 Plan Goal of $9.5 Billion by Year-End 2012 Company Plans to Significantly Reduce Capital Expenditures for Drilling, Completion and Leasehold from First Quarter 2012 Levels during Remainder of 2012 and in 2013
OKLAHOMA CITY, OKLAHOMA, MAY 1, 2012 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2012 first quarter. For the 2012 first quarter,...
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Apr 27, 2012
OKLAHOMA CITY, Apr 27, 2012 (BUSINESS WIRE) --Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of...
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Apr 26, 2012CEO Agrees to Separately Provide Enhanced FWPP Disclosure Board to Review FWPP Financing Arrangements
OKLAHOMA CITY, Apr 26, 2012 (BUSINESS WIRE) --Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has determined that it does not intend to extend the company's...
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Apr 18, 2012
OKLAHOMA CITY, Apr 18, 2012 (BUSINESS WIRE) --Chesapeake Energy Corporation (NYSE:CHK) General Counsel Henry J. Hood issued the following statement in response to recently published media reports:...
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Apr 16, 2012
OKLAHOMA CITY, Apr 16, 2012 (BUSINESS WIRE) --Chesapeake Energy Corporation (NYSE:CHK) announced today that its wholly owned service industry affiliate Chesapeake Oilfield Services, Inc. has filed...
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Apr 9, 2012Company Sells Preferred Shares in its Cleveland and Tonkawa Plays, Completes Tenth VPP and Agrees to Sell Texoma Woodford Assets to Exxon Mobil Corporation Subsidiary XTO Energy Inc.
OKLAHOMA CITY--(BUSINESS WIRE)--Apr. 9, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced three oil and gas asset monetization transactions for total proceeds of approximately $2.6...
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Apr 3, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Apr. 3, 2012-- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2012 first quarter operational update and financial results to be released after the close...
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Apr 3, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Apr. 3, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) has scheduled its 2012 first quarter financial results to be released after the close of trading on...
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Mar 13, 2012
OKLAHOMA CITY & HOUSTON--(BUSINESS WIRE)--Mar. 13, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced the execution of definitive agreements to build the largest integrated midstream...
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Mar 7, 2012Initiative Targets Natural Gas Fueling Infrastructure Development Agreement Designed to Develop Products and Services for Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) Transportation and Home Fueling Solutions Chesapeake to Deploy More than 250 of GE’s ecomagination™-Qualified “CNG In A Box™” Fueling Systems across the United States through 2015 through its Affiliate, Peake Fuel Solutions
HOUSTON--(BUSINESS WIRE)-- GE (NYSE: GE - News) and Chesapeake Energy Corporation (NYSE: CHK - News) today announced a collaboration to develop infrastructure solutions that will help accelerate...
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Mar 6, 2012
HOUSTON--(BUSINESS WIRE)--Mar. 6, 2012-- Kohlberg Kravis Roberts & Co L.P. (together with its affiliates, “KKR”) and Chesapeake Energy Corporation (“Chesapeake”) (NYSE:CHK) today announced...
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Mar 5, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Mar. 5, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be...
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Feb 28, 2012Partnership Reports 2011 Fourth Quarter Net Income of $66 Million, Adjusted Ebitda of $110 Million and Adjusted Distributable Cash Flow of $79 Million 2011 Full Year Net Income Was $194 Million, Adjusted Ebitda Was $349 Million and Distributable Cash Flow Was $262 Million Partnership Affirms 2012 Ebitda Outlook and Capital Program
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 28, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced financial results for the 2011 fourth quarter and full year. The Partnership’s...
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Feb 21, 2012
TULSA, Okla.--(BUSINESS WIRE)--Feb. 21, 2012-- SemGroup® Corporation (NYSE:SEMG), Gavilon Midstream Energy, LLC, a subsidiary of The Gavilon Group, LLC; and an affiliate of Chesapeake Energy...
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Feb 21, 2012Partnership signals growing strength of natural gas transportation fuel market
ST. PAUL, Minn. & OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 21, 2012-- 3M (NYSE:MMM) and Chesapeake Energy Corporation (NYSE:CHK) today announced an agreement to collaborate in designing, manufacturing...
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Feb 21, 2012Company Reports 2011 Fourth Quarter Net Income to Common Stockholders of $429 Million, or $0.63 per Fully Diluted Common Share, on Revenue of $2.7 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $394 Million, or $0.58 per Fully Diluted Common Share, and Adjusted Ebitda and Operating Cash Flow of $1.3 Billion Company Reports 2011 Full Year Net Income to Common Stockholders of $1.6 Billion, or $2.32 per Fully Diluted Common Share, on Revenue of $11.6 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $1.9 Billion, or $2.80 per Fully Diluted Common Share, Adjusted Ebitda of $5.4 Billion and Operating Cash Flow of $5.3 Billion 2011 Full Year Production Totals 1.194 Tcfe for an Average of 3.272 Bcfe per Day, an Increase of 15% Year over Year; 2011 Full Year Liquids Production Increases 72%, or Approximately 36,000 Barrels per Day, to Average Approximately 87,000 Barrels per Day 2011 Year-End Proved Reserves Reach 18.8 Tcfe; Company Adds Proved Reserves of 5.6 Tcfe through the Drillbit at a Drilling and Completion Cost on Proved Properties of $1.08 per Mcfe Chesapeake’s Current Natural Gas Curtailments Reach Approximately 1.0 Bcf per Day of Gross Operated Production
OKLAHOMA CITY, OKLAHOMA, FEBRUARY 21, 2012 – Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2011 fourth quarter and full year. For the 2011...
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Feb 14, 2012Chesapeake Energy Corporation Announces Pricing of Offering Of $1.3 Billion of Senior Notes Due 2019
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 13, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has priced its previously announced public offering of $1.3 billion principal...
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Feb 13, 2012Company Targets $10-12 Billion in Asset Monetizations During the Year
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 13, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today provided details on its financial plan to fully fund the company’s anticipated capital expenditures...
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Feb 2, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 2, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the pricing of an underwritten public offering of 9,250,000 common units representing...
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Feb 1, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Feb. 1, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the commencement of an underwritten public offering of 9,250,000 common units...
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Jan 26, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 26, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of...
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Jan 23, 2012Chesapeake Plans to Reduce its Operated Dry Gas Drilling Rig Count to 24 Rigs, a Decline of Approximately 50 Dry Gas Rigs from its 2011 Average Operated Dry Gas Rig Count Chesapeake Plans to Curtail its Gross Operated Gas Production by up to 1.0 Bcf per Day and Plans to Defer New Dry Gas Well Completions and Pipeline Connections Wherever Possible Chesapeake to Redirect Capital Savings from Curtailing Dry Gas Activity to its Liquids-Rich Plays that Deliver Superior Returns Chesapeake’s Undeveloped Net Leasehold Expenditures in 2012 Projected to be Approximately $1.4 Billion, Down from Net Leasehold Expenditures of $3.4 Billion and $5.8 Billion in 2011 and 2010, Respectively
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 23, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today provided an update on additional steps it is taking to continue creating shareholder value in...
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Jan 19, 2012Company Moves Up 14 Spots to Rank #18
OKLAHOMA CITY, Jan 19, 2012 (BUSINESS WIRE) --For the fifth consecutive year FORTUNE Magazine named Chesapeake Energy Corporation (NYSE:CHK) to its list of "100 Best Companies to Work For(R)."...
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Jan 19, 2012Company Moves Up 14 Spots to Rank #18
OKLAHOMA CITY, Jan 19, 2012 (BUSINESS WIRE) --Eighth graph, first sentence of release should read: In 2011, Chesapeake hired approximately 4,800 employees. (sted In 2011, Chesapeake hired...
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Jan 12, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 12, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) has scheduled its 2011 fourth quarter financial results to be released after the close of trading on...
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Jan 9, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 9, 2012-- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2011 fourth quarter and full year operational update and financial results to be released...
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Jan 6, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 6, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that it has commenced an offering, through a private placement, of $600 million of...
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Jan 6, 2012
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 6, 2012-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the pricing of a private placement of $750 million of senior notes due 2022 (the...
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Jan 4, 2012Net Debt Reduced by $2.2 Billion during 2011 while Net Debt Per Proved Mcfe Reduced by 25% Full-year 2011 Production Increased by 15% and Year-end 2011 Proved Reserves Increased by 10%
OKLAHOMA CITY--(BUSINESS WIRE)--Jan. 4, 2012-- Chesapeake Energy Corporation (NYSE:CHK) today announced substantial progress in achieving its long-term debt reduction goal set forth in its 30/25...
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Jan 3, 2012
OKLAHOMA CITY, Jan 03, 2012 (BUSINESS WIRE) --Chesapeake Energy Corporation (NYSE:CHK) today announced the completion of a joint venture ("JV") transaction with Total E&P USA, Inc., a wholly owned...
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Dec 28, 2011
OKLAHOMA CITY--(BUSINESS WIRE)--Dec. 28, 2011-- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) (“CHKM”) today announced it has agreed to acquire Appalachia Midstream Services, L.L.C....
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Dec 19, 2011
OKLAHOMA CITY--(BUSINESS WIRE)--Dec. 19, 2011-- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will...
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Dec 5, 2011
OKLAHOMA CITY, Dec 05, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced the closing of the sale of $750 million of perpetual preferred shares in its wholly owned,...
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Dec 2, 2011
OKLAHOMA CITY, Dec 02, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) received the Industry Leadership Award at the 13th Annual Platts Global Energy Awards program last night in...
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Nov 10, 2011
OKLAHOMA CITY, Nov 10, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation ("Chesapeake") (NYSE:CHK) today announced that Chesapeake Granite Wash Trust (the "Trust") has priced an initial public...
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Nov 8, 2011Partnership Reports 2011 Third Quarter Net Income of $48 Million and Adjusted Ebitda of $88 Million Partnership Increases Quarterly Distribution to $0.375 per Unit Partnership Updates 2011 Ebitda Outlook
OKLAHOMA CITY, OKLAHOMA, NOVEMBER 8, 2011 – Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced financial results for the 2011 third quarter. Net income for the quarter totaled $48.2...
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Nov 3, 2011JV Transaction Values 570,000 Net Acres of Chesapeake Utica Shale Leasehold at $8.55 Billion, or $15,000 Per Net Acre Financial Transaction Provides up to $1.25 Billion to Accelerate Drilling Across All Phases of Chesapeake's Utica Acreage, Including Dry Gas and Oil Areas
OKLAHOMA CITY, Nov 03, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced two transactions to monetize a portion of its 1.5 million net acres of leasehold in the...
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Nov 3, 2011Company Reports 2011 Third Quarter Net Income to Common Stockholders of $879 Million, or $1.23 per Fully Diluted Common Share, on Revenue of $4.0 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $496 Million, or $0.72 per Fully Diluted Common Share, Adjusted Ebitda of $1.4 Billion and Operating Cash Flow of $1.4 Billion 2011 Third Quarter Average Daily Total Production of 3.329 Bcfe per Day Increases 9% Year over Year and 9% Sequentially; 2011 Third Quarter Liquids Production Increases 91% Year over Year and 21% Sequentially; 2011 Third Quarter Liquids Production Delivers 17% of Total Production and 40% of Unhedged Natural Gas and Liquids Revenue Company Adds New Net Proved Reserves of 4.2 Tcfe Through the Drillbit in the First Three Quarters of 2011 at a Cost of $1.08 per Proved Mcfe; Proved Reserves Total 17.7 Tcfe, or Almost 3 Billion Barrels of Oil Equivalent
OKLAHOMA CITY, OKLAHOMA, NOVEMBER 3, 2011 – Chesapeake Energy Corporation (NYSE:CHK) today announced its 2011 third quarter financial and operational results. For the quarter, Chesapeake...
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Nov 2, 2011
OKLAHOMA CITY, Nov 02, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation ("Chesapeake") (NYSE:CHK) announced today that Chesapeake Granite Wash Trust (the "Trust") has commenced an initial...
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Oct 28, 2011
OKLAHOMA CITY, Oct 28, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of...
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Oct 26, 2011
OKLAHOMA CITY, Oct 26, 2011 (BUSINESS WIRE) -- Love's Travel Stops & Country Stores, an Oklahoma City-based and family-owned operator of 280 travel stops and convenience stores, today announced...
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Oct 25, 2011
OKLAHOMA CITY, Oct 25, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced its wholly owned subsidiary, Chesapeake Oilfield Operating, L.L.C. (the Company), priced a...
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Oct 12, 2011
OKLAHOMA CITY, Oct 12, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the pricing of an underwritten public offering of 10 million common units...
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Oct 11, 2011
OKLAHOMA CITY, Oct 11, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced the commencement of an underwritten public offering of 10 million common units...
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Sep 28, 2011
OKLAHOMA CITY, Sep 28, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today disclosed initial horizontal well drilling results in the wet gas and dry gas phases of the Utica...
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Sep 27, 2011
OKLAHOMA CITY, Sep 27, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) has scheduled its 2011 third quarter financial results to be released after the close of trading on...
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Sep 20, 2011
OKLAHOMA CITY, Sep 20, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE: CHK) has scheduled its 2011 third quarter operational update and financial results to be released after the...
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Sep 19, 2011
OKLAHOMA CITY, Sep 19, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced the executive management team for its newly formed and wholly owned subsidiary Chesapeake...
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Aug 9, 2011Partnership Reports 2011 Second Quarter Net Income of $41 Million and Adjusted Ebitda of $79 Million Partnership Increases Quarterly Distribution to $0.3625 per Unit
OKLAHOMA CITY, Aug 09, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced financial results for the 2011 second quarter. Net income for the quarter totaled...
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Aug 1, 2011
OKLAHOMA CITY, OKLAHOMA, AUGUST 1, 2011 – Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be...
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Jul 28, 2011Company Reports 2011 Second Quarter Net Income to Common Stockholders of $467 Million, or $0.68 per Fully Diluted Common Share, on Revenue of $3.3 Billion; Company Reports Adjusted Net Income Available to Common Stockholders of $528 Million, or $0.76 per Fully Diluted Common Share, Adjusted Ebitda of $1.4 Billion and Operating Cash Flow of $1.2 Billion 2011 Second Quarter Average Daily Total Production of 3.049 Bcfe per Day Increases 9% Year over Year and Decreases 2% Sequentially Due to the Sale of Fayetteville Shale Assets and VPP #9; 2011 Second Quarter Liquids Production Increases 62% Year over Year and 19% Sequentially; 2011 Second Quarter Liquids Production Yields 16% of Total Production and 28% of Realized Natural Gas and Liquids Revenue Proved Reserves Total 16.5 Tcfe; Company Adds New Net Proved Reserves of 2.7 Tcfe Through the Drillbit in the First Half of 2011 at a Drilling and Completion Cost of $1.29 per Mcfe Company Increases Full-Year 2011 and 2012 Production and Capital Expenditure Outlook; Company Largely Offsets Oilfield Service Inflation Through Its Wholly Owned Oilfield Service Businesses and Its 30% Stake in Frac Tech Chesapeake Announces a Major New Liquids-Rich Discovery in the Utica Shale in Eastern Ohio
OKLAHOMA CITY, OKLAHOMA, JULY 28, 2011 – Chesapeake Energy Corporation (NYSE:CHK) today announced its 2011 second quarter financial and operational results. For the quarter, Chesapeake reported...
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Jul 26, 2011
OKLAHOMA CITY, Jul 26, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) today announced that the Board of Directors of its general partner declared a cash distribution of...
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Jul 18, 2011
OKLAHOMA CITY, Jul 18, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced its Buffalo Creek 1-17 well located in Beckham County, Oklahoma, recently surpassed...
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Jul 11, 2011Company to Invest in New Infrastructure and Technologies that Utilize Abundant Domestic Supplies of Natural Gas and Oil from Deep Shale and Other Formations> Chesapeake NG Ventures Corporation is Formed to Identify and Oversee at Least $1.0 Billion in Demand-Enhancing Investments over Next 10 Years; Chesapeake Announces First Two Venture Capital Investments in Clean Energy Fuels Corp. and Sundrop Fuels, Inc., to Initiate Plan Company to Invest $150 Million over Three Years in Newly Issued Convertible Debt of Clean Energy Fuels Corp. to Accelerate Installation of Liquefied Natural Gas Fueling Infrastructure for Heavy-Duty Trucks Along Interstate Highways Company to Invest $155 Million over Three Years in Newly Issued Preferred Stock of Privately Held Sundrop Fuels, Inc., to Acquire 50% Equity Stake in Company with Proprietary Gas-to-Liquids Technology
OKLAHOMA CITY, Jul 11, 2011 (BUSINESS WIRE) -- In an effort to help break OPEC's 38-year stranglehold on the U.S. economy and to lower energy costs to American consumers, enhance national...
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Jul 11, 2011
OKLAHOMA CITY, Jul 11, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) has scheduled a conference call for news media at 5:00 p.m. EDT on Monday, July 11, 2011. Chesapeake CEO...
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Jun 27, 2011
OKLAHOMA CITY, Jun 27, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) rejected an inaccurate and misleading article in the Sunday, June 26, 2011 edition of the New York Times...
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Jun 23, 2011
OKLAHOMA CITY, Jun 23, 2011 (BUSINESS WIRE) -- Chesapeake Midstream Partners, L.P. (NYSE:CHKM) has scheduled its 2011 second quarter financial results to be released after the close of trading on...
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Jun 20, 2011Computerworld Names Chesapeake #7 on List of "100 Best Places to Work in IT" 2011 Ranking Is 10 Spots Higher Than Prior Year
OKLAHOMA CITY, Jun 20, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) was recognized by International Data Group's (IDG) Computerworld magazine today as #7 on its 2011 list of...
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Jun 16, 2011
OKLAHOMA CITY, Jun 16, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) has scheduled its 2011 second quarter operational update and financial results to be released after the...
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Jun 13, 2011
OKLAHOMA CITY, Jun 13, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be...
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Jun 10, 2011Nominees to the Board of Directors Receive Broad-Based Support and Are Elected for Two-Year and Three-Year Terms Proposal to Approve, on an Advisory Basis, the Compensation of Chesapeake's Named Executive Officers Passes Shareholder Proposal Requesting an Advisory Shareholder Vote on Director Compensation Fails
OKLAHOMA CITY, Jun 10, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced preliminary voting results from its Annual Shareholder Meeting held today at the company's...
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Jun 6, 2011
OKLAHOMA CITY, Jun 06, 2011 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that it has successfully completed its tender offer for Bronco Drilling Company, Inc....