Chesapeake Energy Corporation (NYSE:CHK) lost $0.05 a share in 2016, but its bottom-line is giving some indications of life and it has managed to enhance its financial health. The firm is moving its focus on core E&P segment by ramping up CapEx. However, the firm is still having a large debt pile and comes with […]
Chesapeake Energy Corporation
Chesapeake Energy Corporation (NYSE:CHK) Improved Operating Flexibility By Restricting Midstream Commitments
Chesapeake Energy Corporation (NYSE:CHK) released operational and financial report for the FY2016 and 4Q2016 and other recent developments. The highlights comprise average FY2016 production of 635,400 boe a day, as against 2015 levels, in tune for asset sales. Total natural gas and oil proved reserves of almost 1.7 billion boe, a 14% growth compared to […]
Chesapeake Energy Corporation (NYSE:CHK) Releases FY2017 Guidance
Chesapeake Energy Corporation (NYSE:CHK) reported additional details of its FY2017 guidance outlook. The highlights comprised estimated total capital expenditures forecast of $1.9 billion to $2.5 billion, counting capitalized interest. Estimated total firm production guidance moving from a drop of 3% to increase of 2%. Exit rate oil production predicted to grow by 10% in FY2017, […]
