Last $246.00 MXN
Change Today -8.82 / -3.46%
Volume 20.9K
CHK* On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 3:28 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

chesapeake energy corp (CHK*) Snapshot

Open
$245.26
Previous Close
$254.82
Day High
$246.00
Day Low
$245.26
52 Week High
07/1/14 - $381.33
52 Week Low
10/15/14 - $231.82
Market Cap
163.6B
Average Volume 10 Days
568.3
EPS TTM
--
Shares Outstanding
665.0M
EX-Date
01/13/15
P/E TM
--
Dividend
$0.34
Dividend Yield
1.92%
Current Stock Chart for CHESAPEAKE ENERGY CORP (CHK*)

chesapeake energy corp (CHK*) Details

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas and natural gas liquids (NGL) from underground reservoirs in the United States. It holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. The company also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Granite Wash/Hogshooter, Cleveland, Tonkawa, and Mississippi Lime plays in the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale and Upper Cretaceous sands in the Powder River Basin in Wyoming. It owns interests in approximately 45,100 oil and natural gas wells. As of December 31, 2014, the company had estimated proved reserves of 2.469 billion barrels of oil equivalent. It also provides oil, natural gas, and NGL marketing services, including commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

5,500 Employees
Last Reported Date: 02/27/15
Founded in 1989

chesapeake energy corp (CHK*) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $2.6M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $725.0K
Executive Vice President of Acquisitions & Di...
Total Annual Compensation: $2.3M
Executive Vice President of Operations - Nort...
Total Annual Compensation: $779.8K
Executive Vice President of Operations - Sout...
Total Annual Compensation: $726.9K
Compensation as of Fiscal Year 2013.

chesapeake energy corp (CHK*) Key Developments

Chesapeake Energy Corporation Announces Unaudited Consolidated Earnings and Production Results for the Fourth Quarter and Year Ended December 31, 2014; Announces Impairments of Fixed Assets and Other for the Fourth Quarter of 2014; Provides Earnings and Production Guidance for the Year Ending December 31, 2015

Chesapeake Energy Corporation announced unaudited consolidated earnings and production results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenues of $5,050 million compared to $4,541 million a year ago. Income from operations of $960 million compared to $249 million a year ago. Income before income taxes was $954 million compared to loss before income taxes of $119 million a year ago. Net income attributable to the company was $639 million compared to net loss attributable to the company of $116 million a year ago. Net income attributable to common stockholders was $586 million or $0.81 per diluted share compared to net loss attributable to common stockholders of $159 million or $0.24 per diluted share a year ago. Cash provided by operating activities was $829 million compared to $1,028 million a year ago. Drilling and completion costs on proved and unproved properties was $1,367 million compared to $1,117 million a year ago. Acquisition of proved and unproved properties was $280 million compared to $211 million a year ago. Cash paid to purchase leased rigs and compressors was $25 million compared to $262 million a year ago. Additions to other property and equipment were $26 million compared to $71 million a year ago. Adjusted net income available to common stockholders was $34 million compared to $161 million a year ago. Total adjusted net income attributable to the company was $87 million compared to $204 million a year ago. Adjusted earnings per share assuming dilution was $0.11 compared to $0.27 a year ago. EBITDA was $1,705 million compared to $668 million a year ago. Adjusted EBITDA was $916 million compared to $1,132 million a year ago. For the year, the company reported total revenues of $20,951 million compared to $17,506 million a year ago. Income from operations of $3,477 million compared to $2,069 million a year ago. Income before income taxes was $3,200 million compared to $1,442 million a year ago. Net income attributable to the company was $1,917 million compared to $724 million a year ago. Net income attributable to common stockholders was $1,273 million or $1.87 per diluted share compared to $474 million or $0.73 per diluted share a year ago. Cash provided by operating activities was $4,634 million compared to $4,614 million a year ago. Drilling and completion costs on proved and unproved properties were $4,534 million compared to $5,552 million a year ago. Acquisition of proved and unproved properties was $1,279 million compared to $974 million a year ago. Cash paid to purchase leased rigs and compressors was $499 million compared to $266 million a year ago. Additions to other property and equipment were $227 million compared to $706 million a year ago. Adjusted net income available to common stockholders was $957 million compared to $965 million a year ago. Total adjusted net income attributable to the company was $1,154 million compared to $1,146 million a year ago. Adjusted earnings per share assuming dilution was $1.49 compared to $1.50 a year ago. EBITDA was $6,204 million compared to $4,572 million a year ago. Adjusted EBITDA was $4,945 million compared to $5,016 million a year ago. Capital expenditures fell by 14% in 2014 to approximately $6.7 billion. If exclude acquisitions, capital expenditures were 23% below 2013. For the quarter, the company reported oil production of 11.2 mmbbl compared to 10.2 mmbbl a year ago. Natural gas produciton was 281.6 bcf compared to 270.5 bcf a year ago. NGL production was 9 mmbbl compared to 5.9 mmbbl a year ago. Oil equivalent production was 67.1 mmboe compared to 61.2 mmboe a year ago. For the year, the company reported oil production of 42.3 mmbbl compared to 41.1 mmbbl a year ago. Natural gas produciton was 1,095 bcf compared to 1,094.6 bcf a year ago. NGL production was 33.1 mmbbl compared to 20.9 mmbbl a year ago. Oil equivalent production was 257.8 mmboe compared to 244.4 mmboe a year ago. For the quarter, the company reported impairments of fixed assets and other of $14 million compared to $203 million a year ago. For the year ending December 31, 2015, the company expects adjusted production growth in the range from 3% to 5%, liquids production in the range from 62 mbbls to 64 mbbls, oil production in the range from 39 mbbls to 40 mbbls, NGL production in the range from 23 mbbls to 24 mbbls, natural gas production in the range from 1,035 bcf to 1,055 bcf, total absolute production of 235,240 mboe, absolute daily rate of 645 655 mboe, depreciation of other assets in the range from $0.60 to $0.70, interest expense in the range from $1.00 to $1.10, net income attributable to noncontrolling interests and other in the range from $3 to $50, book Tax rate of 37%, capital expenditures in the range from $3,500 million to $4,000 million, capitalized interest of $500 million and total capital expenditures of $4,000 million to $4,500 million.

Chesapeake Energy Seeks Acquisitions

Chesapeake Energy Corporation (NYSE:CHK) is looking for acquisitions. Doug Lawler, Chief Executive Officer of Chesapeake Energy, states, "We are evaluating a number of different things. We have not publicly stated what our plans are but we will continue to look for opportunities, either bolt-on acquisition opportunities, new opportunities that we can pursue. We also have a lot of strength in our exploration program and we'll continue to look at that. And then we always have capital structure opportunities, as well. So, we are in a unique position with significant liquidity and cash on hand to move quickly and, at the right time, to add the most value for our shareholders."

Chesapeake Energy Corporation to Report Q4, 2014 Results on Feb 25, 2015

Chesapeake Energy Corporation announced that they will report Q4, 2014 results at 9:00 AM, US Eastern Standard Time on Feb 25, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CHK*:MM $246.00 MXN -8.82

CHK* Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Devon Energy Corp $61.25 USD +0.39
Encana Corp C$15.64 CAD -0.31
Marathon Oil Corp $27.74 USD +0.07
Origin Energy Ltd A$12.23 AUD -0.12
Teck Resources Ltd C$19.53 CAD -0.42
View Industry Companies
 

Industry Analysis

CHK*

Industry Average

Valuation CHK* Industry Range
Price/Earnings 10.1x
Price/Sales 0.5x
Price/Book 0.8x
Price/Cash Flow 2.3x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHESAPEAKE ENERGY CORP, please visit www.chk.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.