Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under "EXE" ticker symbol OKLAHOMA CITY and SPRING, Texas, Sept. 26, 2024 /PRNewswire/ -- Chesapeake Energy Corp. and Southwestern Energy Company today announced the waiting period in connection with the companies' pending combination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. The [...]
Chesapeake Energy Corp. today reported second quarter 2024 financial and operating results. Net cash provided by operating activities of $209 million Net loss of $227 million, or $1.73 per fully diluted share; adjusted net income of $1 million, or $0.01 per share Adjusted EBITDAX of $358 million Quarterly base dividend of $0.575 per common share to be paid in September 2024, 14th straight quarter paying a dividend [...]
Chesapeake Energy Corp. today announced that it will release its 2024 second quarter operational and financial results after market close on Monday, July 29, 2024. A conference call to discuss the results has been scheduled on Tuesday, July 30, 2024 at 9:00 am EDT. The telephone number to access the conference call is 1-888-317-6003 / INT TOLL: 1-412-317-6061, passcode 4204243. A webcast link to the conference call will [...]
Chesapeake Energy Corp. today published its 2023 Sustainability Report, marking the company's 12th year reporting on its environmental, social and governance performance and the company's resilience in a lower carbon future. This reporting reflects the company's commitment to transparency, enhanced disclosures and measurable progress. "We believe in a future where responsible energy production supports global climate [...]
Chesapeake Energy Corp. today reported first quarter 2024 financial and operating results. Net income of $26 million, or $0.18 per fully diluted share; adjusted net income of $80 million, or $0.56 per share Net cash provided by operating activities of $552 million Adjusted EBITDAX of $508 million; free cash flow of $131 million Delivered $112 million in adjusted free cash flow yielding combined quarterly base and variable [...]
Chesapeake Energy Corp. today announced that it will release its 2024 first quarter operational and financial results after market close on Tuesday, April 30, 2024. A conference call to discuss the results has been scheduled on Wednesday, May 1, 2024 at 9:00 am EDT. The telephone number to access the conference call is 1-888-317-6003 / INT TOLL: 1-412-317-6061, passcode 9185107. A webcast link to the conference call will [...]
Chesapeake Energy Corp. today reported fourth quarter and full-year 2023 results and issued 2024 guidance. Fourth Quarter 2023 Highlights: Net cash provided by operating activities of $470 million Net income totaled $569 million, or $4.02 per fully diluted share; adjusted net income totaled $185 million, or $1.31 per share Adjusted EBITDAX of $635 million; free cash flow of $91 million Produced approximately 3.43 bcfe/d [...]
Chesapeake Energy Corp. , Delfin LNG LLC and Gunvor Group Ltd, through Gunvor Singapore Pte Ltd , today announced the entrance into a liquefied natural gas export deal that includes executed Sales and Purchase Agreements for long-term liquefaction offtake. Under the SPA, Chesapeake will purchase approximately 0.5 million tonnes of LNG per annum from Delfin at a Henry Hub price and contract targeted start date in 2028 then [...]
Chesapeake Energy Corp. today announced that it will release its 2023 fourth quarter and full year operational and financial results after market close on Tuesday, February 20, 2024. A conference call to discuss the results has been scheduled on Wednesday, February 21, 2024 at 9:00 am EST. The telephone number to access the conference call is 1-888-317-6003 / INT TOLL: 1-412-317-6061, passcode 8453967. A webcast link to [...]
OKLAHOMA CITY and SPRING, Texas, Jan. 11, 2024 /PRNewswire/ -- Chesapeake Energy Corp. and Southwestern Energy Company today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4 billion, or $6.69 per share, based on Chesapeake's closing price on January 10, 2024. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common [...]
Chesapeake Energy Corp. today reported third quarter 2023 financial and operating results. Net cash provided by operating activities of $506 million Net income of $70 million, or $0.49 per diluted share ; adjusted net income of $155 million, or $1.09 per share Delivered total net production of 3,495 mmcfe per day and adjusted EBITDAX of $580 million Returned more than $200 million to shareholders through base dividend and [...]
Chesapeake Energy Corp. and Vitol Inc. today announced the entrance into a Heads of Agreement with Chesapeake Energy Marketing L.L.C. a subsidiary of Chesapeake Energy Corp.. Under the HOA, Chesapeake will supply up to 1 million tonnes of LNG per annum to Vitol with the purchase price indexed to Japan Korea Marker for a period of 15 years. Following the execution of the HOA, Chesapeake and Vitol will jointly select the [...]