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Chesapeake Energy Corp (CHK.N)

CHK.N on New York Stock Exchange

3.58USD
16 Nov 2018
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$-0.15 (-4.02%)
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Latest Key Developments (Source: Significant Developments)

Enviva Partners Reports Incident At Its Chesapeake Terminal
Thursday, 1 Mar 2018 08:15am EST 

March 1 (Reuters) - Enviva Partners Lp ::ENVIVA PARTNERS, LP REPORTS INCIDENT AT ITS CHESAPEAKE TERMINAL.ENVIVA PARTNERS LP - ‍FIRE COMMENCED AT DEEP-WATER MARINE TERMINAL IN CHESAPEAKE, VIRGINIA LATE ON TUESDAY, FEBRUARY 27, 2018​.ENVIVA PARTNERS LP - ‍CHESAPEAKE TERMINAL FIRE MAY IMPACT TIMING AND NUMBER OF SHIPMENTS IN Q1 OF 2018​.ENVIVA PARTNERS LP - ‍ EXPECTS TO UTILIZE SEVERAL STORAGE ALTERNATIVES TO MINIMIZE IMPACT OF INCIDENT AT ITS CHESAPEAKE TERMINAL​.ENVIVA PARTNERS LP - ‍PARTNERSHIP DOES NOT EXPECT FIRE TO IMPACT GUIDANCE FOR 2018 ADJUSTED EBITDA AND DISTRIBUTABLE CASH FLOW​.ENVIVA PARTNERS - ‍PARTNERSHIP EXPECTS TO INCUR COST & LIABILITIES ASSOCIATED WITH CHESAPEAKE TERMINAL​ EVENT, WHICH MAY IMPACT Q1'S FINANCIAL RESULTS.  Full Article

Chesapeake Energy Reports Adj Earnings Per Share Of $0.30
Thursday, 22 Feb 2018 07:00am EST 

Feb 22 (Reuters) - Chesapeake Energy Corp ::CHESAPEAKE ENERGY CORPORATION REPORTS 2017 FULL YEAR AND FOURTH QUARTER FINANCIAL AND OPERATIONAL RESULTS AND ANNOUNCES 2018 GUIDANCE.Q4 ADJUSTED EARNINGS PER SHARE $0.30 EXCLUDING ITEMS.Q4 EARNINGS PER SHARE $0.33.AVERAGE DAILY PRODUCTION FOR 2017 Q4 OF APPROXIMATELY 593,200 BOE INCREASED BY 15 PERCENT OVER 2016 Q4 LEVELS.QTRLY TOTAL REVENUE $ 2,519 MILLION VERSUS $2,021 MILLION.QTRLY AVERAGE DAILY PRODUCTION CONSISTED OF APPROXIMATELY 99,900 BBLS OF OIL, 2.603 BCF OF NATURAL GAS AND 59,500 BBLS OF NGL.SEES LIQUIDS ABSOLUTE PRODUCTION FOR YEAR ENDING DEC 31. 2018 BETWEEN 51.0 MMBBLS AND 55.0 MMBBLS.SEES TOTAL CAPITAL EXPENDITURES $1,975 MILLION - $2,375 MLN‍​ FOR YEAR ENDING DEC 31, 2018 ‍​.SEES OIL ABSOLUTE PRODUCTION FOR YEAR ENDING DEC 31. 2018 BETWEEN 31.0 MMBBLS AND 33.0 MMBBLS.SEES NGL ABSOLUTE PRODUCTION FOR YEAR ENDING DEC 31. 2018 BETWEEN 20.0 MMBBLS AND 22.0 MMBBLS.Q4 EARNINGS PER SHARE VIEW $0.24, REVENUE VIEW $2.30 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Chesapeake Energy Average 2017 Q4 Production Projected At 593,000 Boe Per Day, Including Oil Production Of 100,000 Barrels Per Day
Tuesday, 6 Feb 2018 04:05pm EST 

Feb 6 (Reuters) - Chesapeake Energy Corp ::CHESAPEAKE ENERGY CORPORATION REPORTS STRONG PRODUCTION FOR 2017 FOURTH QUARTER AND PROVIDES UPDATE ON RECENT DIVESTITURES.CHESAPEAKE ENERGY CORP - AVERAGE 2017 Q4 PRODUCTION PROJECTED AT 593,000 BOE PER DAY, INCLUDING OIL PRODUCTION OF 100,000 BARRELS PER DAY.CHESAPEAKE ENERGY CORP - AVERAGE 2017 Q4 PRODUCTION PROJECTED AT 593,000 BOE PER DAY, INCLUDING OIL PRODUCTION OF 100,000 BARRELS PER DAY.CHESAPEAKE ENERGY - INCREASE IN Q4 PRODUCTION PRIMARILY DRIVEN BY STRONGER OIL PRODUCTION FROM COMPANY'S EAGLE FORD OPERATING AREA, AMONG OTHERS.CHESAPEAKE ENERGY- SIGNED 3 SEPARATE SALES AGREEMENTS IN Q4, 2018 Q1 FOR PROPERTIES IN MID-CONTINENT OPERATING AREA FOR ABOUT $500 MILLION.CHESAPEAKE ENERGY - INTENDS TO USE PROCEEDS FROM DIVESTITURES TO REDUCE OUTSTANDING BORROWINGS UNDER REVOLVING CREDIT FACILITY IN H1 2018,OTHERS.CHESAPEAKE ENERGY CORP - EXPECT LOWER SEQUENTIAL PRODUCTION IN 2018 Q1, AS COMPARED TO 2017 Q4.  Full Article

Appaloosa Lp cuts share stake in Chesapeake, Bank of America
Tuesday, 14 Nov 2017 09:29am EST 

Nov 14 (Reuters) - :Appaloosa Lp cuts share stake in Chesapeake Energy Corp to 766,000 shares from 3.6 million shares - sec filing.Appaloosa Lp cuts share stake in Bank of America Corp by 27.9 percent to 6.3 million shares.Appaloosa Lp cuts share stake in PNC Financial Services Group Inc by 48.2 percent to 922,510 shares.Change in holdings are as of September 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Chesapeake Energy Q3 adjusted earnings per share $0.12
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corporation reports 2017 third quarter financial and operational results.Q3 adjusted earnings per share $0.12.Q3 loss per share $0.05.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Chesapeake Energy Corp - ‍on track to meet goal of averaging 100,000 barrels of oil per day in 2017 Q4​.Chesapeake Energy Corp - ‍"as of today, we anticipate spending less capital in 2018 than 2017"​.Chesapeake Energy Corp - qtrly total revenue $1,943 million versus $2,276 mln‍​.Chesapeake Energy Corp - ‍​ qtrly total production of 542 MBOE/day versus 638 MBOE/day.Chesapeake Energy Corp - ‍​expects to place on production up to 73 wells in the eagle ford in the 2017 fourth quarter.Chesapeake Energy Corp sees FY ‍ total absolute production of 194.0 mmboe - 199.0 mmboe​.Chesapeake Energy Corp sees FY ‍total capital expenditures $2,300 million - $2,500 million.Chesapeake Energy-qtrly average daily production consisted of about 86,000 barrels of oil, 2.382 billion cubic feet of natural gas & 58,600 bbls of NGL.Q3 earnings per share view $0.11, revenue view $2.07 billion -- Thomson Reuters I/B/E/S.  Full Article

Chesapeake Energy Corp announces final results of cash tender offers
Thursday, 26 Oct 2017 07:00am EDT 

Oct 26 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corp announces final results of cash tender offers for senior notes and senior secured second lien notes.  Full Article

Chesapeake Energy says co, guarantors issued $300 mln 8 pct senior notes due 2025 & $550 mln 8 pct senior notes due 2027
Thursday, 12 Oct 2017 04:43pm EDT 

Oct 12 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corp - co, guarantors issued $300 million 8.00% senior notes due 2025 & $550 million 8.00% senior notes due 2027 - SEC filing‍​‍​.Chesapeake Energy-in connection with issuance, co, Morgan Stanley & Co entered 1 registration rights agreement each with respect to 2025 notes,2027 notes​.  Full Article

Chesapeake Energy announces private placement of $750 mln senior notes
Wednesday, 27 Sep 2017 07:25am EDT 

Sept 27 (Reuters) - Chesapeake Energy Corp ::Chesapeake energy corporation announces private placement of $750,000,000 of senior notes.Says commenced private placement​ of ‍$750 million additional 8.00% senior notes due 2025, 8.00% senior notes due 2027.Says ‍intends to use net proceeds from offering to finance tender offers for certain of its senior notes​.Says ‍new 2027 notes will be an additional issuance of Chesapeake's outstanding 8.00% senior notes due 2027​.Says ‍new 2025 notes will be additional issuance of outstanding 8.00% senior notes due 2025, issued in December 2016.Says ‍new 2027 notes to be issued & previously issued senior notes due 2027 will be treated as single class of notes under indenture​.  Full Article

Chesapeake Energy Corporation provides 2017 third quarter update
Tuesday, 26 Sep 2017 07:00am EDT 

Sept 26 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corporation provides 2017 third quarter update.Chesapeake Energy Corp - ‍average 2017 Q3 oil production estimate of 86,000 barrels per day​.Average 2017 Q3 oil production estimate of 86,000 barrels per day.Chesapeake Energy Corp - ‍with delays largely mitigated, chesapeake expects 2017 Q4 oil production to average approximately 100,000 barrels of oil per day​.Chesapeake Energy - ‍disruptive weather, closed asset sales, changes in capital allocation result in adjusted average Q3 production estimate of about 542,000 BPD.Anticipate our volumes will continue to grow substantially in 2017 Q4.Chesapeake Energy Corp - ‍we plan to place 120 to 130 new wells into production in 2017 Q4, primarily in Eagle Ford and Powder River Basin​.Chesapeake Energy Corp - ‍now project that our oil volumes will average approximately 100,000 barrels per day for 2017 Q4​.Chesapeake Energy - ‍Q3 production estimate hurt by operational delays, curtailments due to hurricane harvey, closed asset sales and capital allocation adjustments.Chesapeake Energy Corp - as of September 25, 2017, sees adjusted production growth ‍​for year ending Dec 31, 2017 down 1% to up 1%.Chesapeake Energy Corp - as of September 25, 2017, sees total absolute production ‍​for year ending Dec 31, 2017 of 194.0 mmboe - 199.0 MMBOE.Chesapeake Energy Corp - as of September 25, 2017, sees total capital expenditures ‍​for year ending Dec 31, 2017 of $2.1 billion to $2.5 billion.  Full Article

Soros Fund Management dissolves share stake in Chesapeake, Honeywell
Monday, 14 Aug 2017 05:26pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Dissolves share stake in Chesapeake Energy - SEC filing.Takes share stake in General Mills of 365,493 shares.Dissolves share stake in Honeywell International.Dissolves class B share stake in Molson Coors Brewing Co.Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017​.  Full Article

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Chesapeake Energy shares tumble on $4-billion WildHorse deal

Chesapeake Energy Corp on Tuesday agreed to buy Texas oil producer WildHorse Resource Development Corp in a nearly $4 billion cash-and-stock deal that knocked down the natural gas producer's shares by more than 12 percent.