Chesapeake Energy Corp.

Chesapeake Energy Corp. today announced that it has entered into an agreement to sell the Brazos Valley region of its Eagle Ford asset to WildFire Energy I LLC for $1.425 billion. "Today marks an important step on our path to exiting the Eagle Ford as we focus our capital on the premium, rock, returns and runway of our Marcellus and Haynesville positions," said Chesapeake President and Chief Executive Officer Nick [...]

Chesapeake Energy Corp. today announced the closing of a new senior secured reserve-based revolving credit facility , which replaces the Company's previous credit facility. Complete terms of the arrangement were filed on Form 8K and can be found on the Company's website at www.chk.com. Highlights of the new agreement are listed below: Reserve-based credit facility maturity date of five years Initial borrowing base of $3.5 [...]

Chesapeake Energy Corp. today reported 2022 third quarter financial and operating results. The company plans to host a conference call to discuss results at 9 a.m. EDT, on Wednesday, November 2, 2022. In addition, supplemental slides can be found on Chesapeake's website at www.chk.com. Net cash provided by operating activities of $1,313 million Net income totaled $883 million, or $6.12 per diluted share; adjusted net [...]

Chesapeake Energy Corp. today announced that it will release its 2022 third quarter operational and financial results after market close on Tuesday, November 1, 2022. A conference call to discuss the results has been scheduled on Wednesday, November 2, 2022 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 9111446. A webcast link to the conference [...]

Chesapeake Energy Corp. today announced the expiration and results of its previously announced exchange offers relating to its outstanding Class A warrants , Class B warrants and Class C warrants , each to purchase shares of common stock, par value $0.01 per share, of the Company . The Offers expired at 11:59 p.m. on October 7, 2022. The Company has been advised that 4,752,207 Class A warrants , or approximately 51.4% of [...]

Chesapeake Energy Corp. today announced the final figures that make up the exchange consideration for its previously announced exchange offers relating to its outstanding Class A warrants , Class B warrants and Class C warrants , each to purchase shares of common stock, par value $0.01 per share, of the Company . The Offers will expire at 11:59 p.m. on October 7, 2022 . Holders of warrants who intend and are eligible to [...]

Chesapeake Energy Corp. today announced that the registration statement on Form S-4 filed by the Company with the U.S. Securities and Exchange Commission registering common stock, par value $0.01 per share , of the Company issuable as part of the Company's previously announced exchange offers relating to its outstanding Class A warrants , Class B warrants and Class C warrants , each to purchase shares of common stock, has [...]

Chesapeake Energy Corp. today announced that it has amended its previously announced exchange offers relating to its outstanding Class A warrants , Class B warrants and Class C warrants , each to purchase shares of common stock, par value $0.01 per share, of the Company . The Company has extended the offering period for each Offer until 11:59 p.m. on October 7, 2022 , as described in the Company's Schedule TO and [...]

Chesapeake Energy Corp. today announced that it has amended its previously announced exchange offers relating to its outstanding Class A warrants , Class B warrants and Class C warrants , each to purchase shares of common stock, par value $0.01 per share, of the Company . The Company has extended the offering period for each Offer until 11:59 p.m. on September 30, 2022 , as described in the Company's Schedule TO and [...]

Chesapeake Energy Corp. today announced that it has commenced exchange offers relating to its outstanding Class A warrants , Class B warrants and Class C warrants , each to purchase shares of common stock, par value $0.01 per share, of the Company . The warrant structure was originally implemented as part of the Company's restructuring. By reducing the potential dilutive impact of the warrants through the Offers, the [...]