$CHK (Chesapeake Energy Corporation)

$CHK {{ '2016-08-04T13:13:39+0000' | timeago}} • Webcast

$CHK said in the past three years, it has reduced its total leverage by apprx. 50%. The company has reduced its cash costs by roughly 50% and significantly improved its capital efficiency. This year's capital program is roughly 10% of the capital spent in 2012 and the company's production today is approx. equivalent to its 2012 production.

$CHK {{ '2017-06-20T12:10:44+0000' | timeago}} • Announcement

$CHK announced the expiration and final results of its offers to buy for cash up to $750MM of the outstanding notes. As on June 19, $CHK received valid tenders totaling about $1.9Bil aggregate principal amount of the notes.

$CHK {{ '2017-05-22T12:41:23+0000' | timeago}} • Announcement

$CHK commenced a cash tender offers to  buy up to $750MM aggregate purchase price, exclusive of accrued interest, of the outstanding notes. The tender offers is scheduled to expire on June 19, 2017, unless extended or earlier terminated.

$CHK {{ '2017-05-15T11:36:49+0000' | timeago}} • Announcement

$CHK announced the expiration and final results of its offer to purchase its 2.5% Contingent Convertible Senior Notes due 2037 at the option of the holders of the Notes. The offer to purchase expired on May 10, 2017 and withdrawal rights with respect to tendered Notes expired on May 12, 2017.

$CHK {{ '2017-05-04T13:47:24+0000' | timeago}} • Webcast

With regards to the potential non-core asset sales, $CHK said that it has not got a specific target for 2017. The company is evaluating the non-core, non-operated, lower EBITDA and lower production properties. $CHK has guided to achieve $2-3Bil of additional asset sales over the next few years.

$CHK {{ '2017-05-04T12:48:00+0000' | timeago}} • Infographic

$CHK Chesapeake Energy Corporation Earnings AlphaGraphics: Q1 2017 highlights

$CHK {{ '2017-05-04T12:25:40+0000' | timeago}} • Announcement

$CHK's average rig count doubled to 16 in 1Q17 from 8 a year ago, as total capex went up to $576MM from $365MM. As of March 31, 2017, Chesapeake's principal debt balance was about $9.1Bil with $249MM in cash on hand.

$CHK {{ '2017-05-04T12:13:57+0000' | timeago}} • Announcement

Average realized commodity prices for $CHK's production and unrealized hedging gains lifted Chesapeake's revenues by 41% to $2.75Bil in 1Q17, as it posted an average daily production of about 528,000 boe. Net attributable income for the quarter was $140MM or $0.08 per diluted share, against last year's loss of $1.07Bil or $1.66 a share.

$CHK {{ '2017-02-23T14:46:02+0000' | timeago}} • Webcast

$CHK said the hedging position for FY17 is good at about 71% at $3.07 per MCF. Therefore, the volatility in natural gas price does not materially impact its programs for 2017. The company added that its flexibility currently is much improved and as there is weakening in pricing it will adjust its capital program and redirect at other opportunities.

$CHK {{ '2017-02-23T14:24:37+0000' | timeago}} • Webcast

$CHK said it reduced its cash cost in 2016 and reduced total production expenses by about $336MM or 28% per barrel of oil equivalent of production compared to 2015. The company's total production in 2016 averaged over 635,000 barrel of oil equivalent per day, down 0.3% after adjusting for asset sales, while the total CapEx was reduced by about 53%.

$CHK {{ '2017-02-23T13:45:49+0000' | timeago}} • Infographic

$CHK Chesapeake Energy Corporation Earnings AlphaGraphics: Q4 2016 Highlights

$CHK {{ '2017-02-23T13:24:25+0000' | timeago}} • Announcement

$CHK 4Q16 average daily production was approx. 574,500 barrels of oil equivalent (boe). The average production expenses were $2.98 per boe during the quarter.

$CHK {{ '2017-02-23T13:19:04+0000' | timeago}} • Announcement

Energy company $CHK 4Q16 net loss narrowed to $342MM, or $0.84 per share, compared to $2.2Bil, or $3.36 per share during 4Q15. Revenues declined 24% YoY to $2Bil. Excluding items, $CHK earned $0.07 per share during the quarter.

$CHK {{ '2017-02-14T15:48:50+0000' | timeago}} • Announcement

$CHK expects 2017 total capital expenditures, including capitalized interest, of $1.9-2.5Bil, production of down 3% to up 2% adjusted for asset sales, exit rate oil production to grow by 10% in 2017 and exit rate gas production to remain relatively flat. $CHK plans to operate an average of about 17 drilling rigs in 2017.

$CHK {{ '2016-12-15T13:10:10+0000' | timeago}} • Announcement

Energy company $CHK said Luke R. Corbett has been appointed to its BoD, effective as of Dec.14, 2016. Corbett will also serve as a member of the Audit Committee and the Nominating, Governance and Social Responsibility Committee. Corbett will stand for re-election at the 2017 annual meeting of shareholders to be held on May 19, 2017.

$CHK {{ '2016-12-06T14:44:15+0000' | timeago}} • Announcement

$CHK commenced cash tender offers to purchase up to $1.2Bil aggregate purchase price, exclusive of accrued interest, of the outstanding notes of the company. $CHK also commenced separate tender offers to purchase its outstanding 2.5% Contingent Convertible Senior Notes due 2037 and 2.25% Contingent Convertible Senior Notes due 2038.

$WPZ {{ '2016-11-04T14:23:25+0000' | timeago}} • Announcement

$WPZ closed execution of new gas gathering agreement with Total's U.S. affiliates, the successor to $CHK's properties in the Barnett Shale. The closing of the new agreement with Total also marks the official termination of $WPZ's Barnett Shale gas gathering agreement with $CHK.

$CHK {{ '2016-11-03T13:46:58+0000' | timeago}} • Webcast

$CHK stated the company currently has $3.7Bil of liquidity, including about $650MM of cash, after the close of the Barnett Shale transaction.

$CHK {{ '2016-11-03T13:36:08+0000' | timeago}} • Webcast

$CHK is expecting to see operational efficiencies driving lower production expenses in 4Q16 and FY17, consequently resulting in reduced production expense guidance for the periods. $CHK also stated that the company reduced its Mid-continent gathering fees in July, 2016 and expects the same in the Powder River Basin area effective Jan. 1, 2017.

$CHK {{ '2016-11-03T12:49:41+0000' | timeago}} • Infographic

$CHK Chesapeake Energy Earnings AlphaGraph: Q3 2016 Highlights

$CHK {{ '2016-11-03T11:42:10+0000' | timeago}} • Announcement

$CHK said the company is still focused on select asset divestitures and is currently planning to sell additional properties by year-end 2016, including a portion of its Haynesville Shale properties. The company added that its exit rate production, driven by oil volumes, is poised to grow significantly in 2017 and 2018.

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