Last $24.16 USD
Change Today +0.21 / 0.88%
Volume 13.4M
CHK On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

chesapeake energy corp (CHK) Snapshot

Open
$24.40
Previous Close
$23.95
Day High
$24.43
Day Low
$23.82
52 Week High
07/1/14 - $29.92
52 Week Low
10/15/14 - $16.69
Market Cap
16.1B
Average Volume 10 Days
11.7M
EPS TTM
$0.77
Shares Outstanding
665.1M
EX-Date
10/10/14
P/E TM
31.6x
Dividend
$0.35
Dividend Yield
1.45%
Current Stock Chart for CHESAPEAKE ENERGY CORP (CHK)

chesapeake energy corp (CHK) Details

Chesapeake Energy Corporation is engaged in the acquisition, exploration, and development of properties for the production of natural gas, oil, and natural gas liquids (NGL) from underground reservoirs in the United States. The company operates in three segments: Exploration and Production; Marketing, Gathering, and Compression; and Oilfield Services. 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, the Texas Panhandle, and southern Kansas; and the Niobrara Shale in the Powder River Basin in Wyoming. It owns interests in approximately 46,800 natural gas and oil wells. As of December 31, 2013, the company’s proved reserves were 2.678 billion barrels of oil equivalent. In addition, it provides natural gas, oil, and NGL marketing services, including commodity price structuring, contract administration, and nomination services for Chesapeake-operated wells and other producers. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

10,800 Employees
Last Reported Date: 02/27/14
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
Senior Vice President of Operations - Norther...
Total Annual Compensation: $779.8K
Senior Vice President of Operations - Souther...
Total Annual Compensation: $726.9K
Compensation as of Fiscal Year 2013.

chesapeake energy corp (CHK) Key Developments

Chesapeake Energy Corporation Presents at Bank of America 2014 Global Energy Conference, Nov-13-2014 01:20 PM

Chesapeake Energy Corporation Presents at Bank of America 2014 Global Energy Conference, Nov-13-2014 01:20 PM. Venue: The Fontainebleau Miami Beach, 4441 Collins Ave, Miami, Florida, United States.

Chesapeake Energy Corporation Announces Unaudited Consolidated Earnings and Operating Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production and Capital Expenditure Guidance for the Year 2014

Chesapeake Energy Corporation announced unaudited consolidated earnings and operating results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net income available to common stockholders of $169 million, or $0.26 per fully diluted share compared to $156 million or $0.24 per diluted share for the last year. Adjusted net income available to common stockholders was $251 million, or $0.38 per fully diluted share, as compared to $282 million, or $0.43 per fully diluted share, in the 2013 third quarter. Adjusted ebitda was $1.236 billion compared to $1.325 billion in the 2013 third quarter. Operating cash flow, which is cash flow provided by operating activities before changes in assets and liabilities, was $1.293 billion compared to $1.412 billion in the 2013 third quarter. The year-over-year decreases in adjusted ebitda and operating cash flow were primarily the result of lower realized oil, natural gas and natural gas liquids (NGL) prices, partially offset by higher production volumes and lower operating expenses. The company reported income from operations of $1.2 billion compared to $436 million, income before income taxes of $1.1 billion compared to $387 million, additions to other property and equipment of $25 million compared to $132 million, total revenue of $5.7 billion compared to $4.9 billion for the last year. Capital expenditures were approximately $1.351 billion, of which drilling and completion capital expenditures were approximately $1.241 billion and capital expenditures for the acquisition of unproved properties, geological and geophysical costs and other property, plant and equipment were approximately $110 million. In the 2013 third quarter, capital expenditures were approximately $1.461 billion, of which drilling and completion capital expenditures were approximately $1.248 billion and capital expenditures for the acquisition of unproved properties, geological and geophysical costs and other property, plant and equipment were $213 million. Cash provided by operating activities was $1,184 million against $1,381 million a year ago. EBITDA was $1,871 million against $1,158 million a year ago. For the nine months, the company reported net income available to common stockholders of $687 million, or $1.04 per fully diluted share compared to $629 million or $0.96 per diluted share, income from operations of $2.5 billion compared to $1.8 billion, income before income taxes of $2.2 billion compared to $1.6 billion, additions to other property and equipment of $25 million compared to $132 million, total revenue of $5.7 billion compared to $4.9 billion, adjusted net income available to common stockholders of $887 million or $1.33 per diluted share $799 million or $1.23 per diluted share, adjusted EBITDA of $4.0 billion compared to $3.9 billion, cash provided by operating activities of $3.8 billion compared to $3.6 billion and additions to other property and equipment of $201 million compared to $635 million for the last year. EBITDA was $4,499 million against $3,904 million a year ago. For the quarter, the company produced natural gas (bcf) of 282.0 compared to 273.3, Oil (mmbbl) of 10.9 compared to 11.0, NGL (mmbbl) 8.8 compared to 5.4 and Oil equivalent (mmboe) of 66.8 compared to 62.0 for the last year. For the nine months, the company produced natural gas (bcf) of 813.4 compared to 824.1, Oil (mmbbl) of 31.1 compared to 30.9, NGL (mmbbl) 24.1 compared to 15.0 and Oil equivalent (mmboe) of 190.7 compared to 183.3 for the last year. The company provided production guidance for the year ending December 31, 2014. For the year, the company expects total adjusted production of 9 -- 12%, daily equivalent rate – mboe of 695 – 705, book tax rate of 38%, total capital expenditures of $5,000 -- 5,400 million.

Chesapeake Energy Mulls Acquisitions

Chesapeake Energy Corporation (NYSE:CHK) is looking for acquisitions. Doug Lawler, Chief Executive Officer of Chesapeake Energy Corporation said, "We absolutely are evaluating every single opportunity to drive greater shareholder value, which includes bolt-on acquisitions or turning the strength and expertise that's demonstrated in our ability to operate and efficiently deploy capital into new assets."

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CHK:US $24.16 USD +0.21

CHK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Devon Energy Corp $67.20 USD +0.44
Encana Corp C$20.88 CAD +0.29
Hess Corp $85.21 USD +1.62
Marathon Oil Corp $33.83 USD +0.55
Origin Energy Ltd A$13.69 AUD +0.43
View Industry Companies
 

Industry Analysis

CHK

Industry Average

Valuation CHK Industry Range
Price/Earnings 29.8x
Price/Sales 0.8x
Price/Book 1.2x
Price/Cash Flow 4.0x
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.