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 […]
NYSE:CHK
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, […]
Chesapeake Energy Corporation (NYSE:CHK) Makes Come Back Strides
Chesapeake Energy Corporation’s (NYSE:CHK) stock has been under pressure for months. It has also suffered the collapse of natural gas and crude oil prices. The situation may also have been made worse by the demise of CEO and co-founder Aubrey McClendon. The CEO is said to have died after driving into an Oklahoma City concrete […]
