Chesapeake Energy Corporation Declares Quarterly Common and Preferred Stock Dividends

  Chesapeake Energy Corporation Declares Quarterly Common and Preferred Stock
  Dividends

Business Wire

OKLAHOMA CITY -- June 16, 2014

Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of
Directors has declared a $0.0875 per share quarterly dividend that will be
paid on July 31, 2014 to common shareholders of record on July 16, 2014. In
addition, Chesapeake’s Board has declared dividends on its outstanding
convertible preferred stock issues, as stated below.

                                                                     5.75%
               4.50%         5% (2005B)    5.75%        (Series
                                                                     A)
NYSE Symbol     CHK Pr D      N/A           N/A          N/A
Date of            September        November         May 17,         May 17,
Original        14, 2005      8, 2005       2010         2010
Issue
Registered      165167842     165167826     165167768    165167750
CUSIP
144A CUSIP      N/A           165167834     165167776    165167784
RegS CUSIP      N/A           N/A           U16450204    U16450113
Clean (no
legends)        N/A           N/A           165167768    165167750
CUSIP
Par Value       $0.01         $0.01         $0.01        $0.01
per Share
Shares          2,558,900     2,095,615     1,497,000    1,100,000
Outstanding
Liquidation
Preference      $100          $100          $1,000       $1,000
per Share
Record Date     September     August 1,     August 1,    August 1,
                   2, 2014          2014             2014            2014
Payment Date    September     August 15,    August       August
                   15, 2014         2014             15, 2014        15, 2014
Amount per      $1.125        $1.25         $14.375      $14.375
Share
                                                        

Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of
natural gas and the 10th largest producer of oil and natural gas liquids in
the U.S. Headquartered in Oklahoma City, the company's operations are focused
on discovering and developing its large and geographically diverse resource
base of unconventional natural gas and oil assets onshore in the U.S. The
company also owns substantial marketing, compression and oilfield services
businesses. Further information is available at www.chk.com where Chesapeake
routinely posts announcements, updates, events, investor information,
presentations and news releases.

Contact:

Chesapeake Energy Corporation
Investor Contact
Gary T. Clark, CFA, 405-935-8870
ir@chk.com
or
Media Contact
Gordon Pennoyer, 405-935-8878
media@chk.com
 
Press spacebar to pause and continue. Press esc to stop.