Premier Eagle Ford Asset with Access to Premium Gulf Coast Markets Will Increase Cash Flow and Margins; Strengthens Financial Profile and Shareholder Return Opportunities OKLAHOMA CITY and Chesapeake Energy Corp. and WildHorse Resource Development Corporation today jointly announced that Chesapeake has entered into a definitive agreement to acquire WildHorse, an oil and gas company with operations in the Eagle Ford Shale [...]
Chesapeake Energy Corp. today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May 17, 2010 May 17, 2010 Registered CUSIP 165167842 165167826 165167768 165167750 144A CUSIP N/A 165167834 165167776 165167784 RegS CUSIP N/A N/A [...]
Chesapeake Energy Corp. today announced that it has priced its underwritten public offering of $1.25 billion aggregate principal amount of senior notes, consisting of $850 million of 7.00% senior notes due 2024 issued at par and $400 million of 7.50% senior notes due 2026 issued at par. The closing of the offering is expected to occur on September 27, 2018 and is subject to the satisfaction of customary closing [...]
Chesapeake Energy Corp. today announced that it has commenced an underwritten public offering, subject to market and other conditions, of $1,250,000,000 aggregate principal amount of senior notes, consisting of a series of senior notes due 2024 and a series of senior notes due 2026 . Chesapeake intends to use the net proceeds from this offering, together with cash on hand and borrowings under its revolving credit facility [...]
Chesapeake Energy Corp. today announced it has amended and restated its senior secured revolving credit facility agreement. The amended and restated facility received initial commitments from 15 institutions totaling $3.8 billion, which exceeded the $3.0 billion borrowing base the company was seeking. The initial borrowing base does not include any properties being sold in the company's $2.0 billion Utica Shale [...]
Chesapeake Energy Corp. today announced the appointment of Mark A. Edmunds to the Board of Directors, effective August 17, 2018. Edmunds will serve as a member of the Audit Committee and the Compensation Committee and will stand for re-election at the 2019 annual meeting of shareholders. Chesapeake Chairman R. Brad Martin commented, "We are very pleased to welcome Mark to the Board of Directors. With 37 years of [...]
OKLAHOMA CITY, Aug. 1, 2018 /PRNewswire/ -- Chesapeake Energy Corp. today reported financial and operational results for the 2018 second quarter. Highlights include: 2018 second quarter net loss available to common stockholders of $40 million, or $0.04 per diluted share; 2018 second quarter adjusted net income attributable to Chesapeake of $139 million, or $0.15 per diluted share Average 2018 second quarter production of [...]
OKLAHOMA CITY, July 26, 2018 /PRNewswire/ -- Chesapeake Energy Corp. today announced that it has entered into an agreement to sell its interests in the Utica Shale operating area located in Ohio for approximately $2.0 billion to Encino Acquisition Partners, a private oil and gas company headquartered in Houston, Texas. The transaction, which is subject to certain customary closing conditions, including the receipt of [...]
OKLAHOMA CITY, July 20, 2018 /PRNewswire/ -- Chesapeake Energy Corp. today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May 17, 2010 May 17, 2010 Registered CUSIP 165167842 165167826 165167768 165167750 144A CUSIP N/A [...]
OKLAHOMA CITY, May 2, 2018 /PRNewswire/ -- Chesapeake Energy Corp. today reported financial and operational results for the 2018 first quarter. Highlights include: 2018 first quarter net income available to common stockholders of $268 million, or $0.29 per diluted share; 2018 first quarter adjusted net income available to common stockholders of $361 million, or $0.34 per diluted share 2018 first quarter net cash provided [...]
OKLAHOMA CITY, April 20, 2018 /PRNewswire/ -- Chesapeake Energy Corp. today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below. 4.50% 5% 5.75% 5.75% NYSE Symbol CHK Pr D N/A N/A N/A Date of Original Issue September 14, 2005 November 8, 2005 May 17, 2010 May 17, 2010 Registered CUSIP 165167842 165167826 165167768 165167750 144A CUSIP N/A [...]
OKLAHOMA CITY, Feb. 22, 2018 /PRNewswire/ -- Chesapeake Energy Corp. today reported financial and operational results for the 2017 full year and fourth quarter plus other recent developments. Highlights include: Average 2017 production of approximately 547,800 barrels of oil equivalent per day, up 3 percent compared to 2016 levels, adjusted for asset sales; oil production up 11 percent in 2017 fourth quarter compared to [...]