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CHK Price Correlated With Financials For Chesapeake Energy

Free historical financial statements for Chesapeake Energy Corp. See how revenue, income, cash flow, and balance sheet financials have changed over 3 quarters since 2022. Compare with CHK stock chart to see long term trends.

CHK Stock Compared to Quarterly

CHK Income Statement

Revenue, Net:3162000000
Revenue Per Share:23.6021
Selling, General & Admin Expense:40000000
Total Operating Expenses:2157000000
Operating Income:1005000000
Income Taxes:74000000
Net Income:883000000
Earnings Per Share, Basic:7.29
Shares Outstanding, Basic Avg:133971136

CHK Cash Flow

Operating Activities Net Income:
Depreciation, Depletion & Amortization:440000000
Net Cash from Operations:1313000000
Net Cash from Operations Per Share:9.8006
Repurchases/Buybacks Common Stock:109000000
Cash Dividends Paid:280000000
Net Cash from Financing Activities:-714000000
Property, Plant & Equipment Purchases:540000000
Purchases of Businesses, Net of Cash:-39000000
Net Cash from Investing Activities:-495000000
Net Change in Cash & Equivalents:104000000

CHK Balance Sheet

Cash and Cash Equivalents:130000000
Accounts Receivable, Net:1757000000
Total Current Assets:2059000000
Property, Plant & Equipment, Net:11954000000
Total Assets:14089000000
Accounts Payable:539000000
Total Short-Term Liabilities:4238000000
Long Term Debt, Non-Current Portion:2717000000
Total Liabilities:7742000000

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Blackstone Group Inc
12,665,899 sh
 
$1,193,254
Vanguard Group Inc
11,180,481 sh
-828,237 sh
-7%
$1,053,313
$79,407
Capital World Investors
10,120,663 sh
628,464 sh
7%
$953,468
$183,651
Oaktree Capital Management LP
9,800,000 sh
-701,153 sh
-7%
$923,258
$71,615
Prudential Financial Inc
6,065,534 sh
-139,523 sh
-2%
$571,433
$68,203
Blackrock Inc.
5,705,514 sh
-685,577 sh
-11%
$537,517
$19,201
Wellington Management Group Llp
5,271,380 sh
1,155,851 sh
28%
$496,618
$162,849
D. E. Shaw & Co., Inc.
3,476,495 sh
-1,271,043 sh
-27%
$327,521
-$57,505
FMR LLC
3,419,704 sh
-13,137 sh
0%
$322,171
$43,768
Orbis Allan Gray Ltd
3,122,113 sh
-157,896 sh
-5%
$294,134
$28,125
Kimmeridge Energy Management Company, LLC
2,564,693 sh
367,733 sh
17%
$241,620
$63,447
Glendon Capital Management Lp
2,323,524 sh
-220,459 sh
-9%
$218,799
$12,568
Bank Of New York Mellon Corp
2,196,827 sh
-354,320 sh
-14%
$206,961
$63
Lord, Abbett & Co. LLC
2,112,361 sh
-132,691 sh
-6%
$199,005
$16,929
Clearbridge Investments, LLC
2,107,812 sh
30,193 sh
1%
$198,577
$30,082
Slate Path Capital Lp
1,909,000 sh
-609,000 sh
-24%
$179,847
-$24,363
State Street Corp
1,727,334 sh
-12,513 sh
-1%
$162,732
$21,630
Geode Capital Management, LLC
1,595,642 sh
-156,276 sh
-9%
$150,325
$8,245
Dimensional Fund Advisors LP
1,442,286 sh
311,984 sh
28%
$135,875
$44,179
Two Sigma Investments, Lp
1,437,174 sh
1,437,174 sh
NEW
$135,396
$135,396
COMPANY PROFILE
Basis of Presentation and Summary of Significant Accounting Policies Description of Company

Chesapeake Energy Corporation ("Chesapeake", “we,” “our”, “us” or the "Company") is an oil and natural gas exploration and production company engaged in the acquisition, exploration and development of properties for the production of oil, natural gas and natural gas liquids (NGL) from underground reservoirs. Our operations are located onshore in the United States. To facilitate our financial statement presentations, we refer to the post-emergence reorganized company in these consolidated financial statements and footnotes as the “Successor” for periods subsequent to February 9, 2021, and to the pre-emergence company as “Predecessor” for periods on or prior to February 9, 2021. As discussed in Note 2 below, we filed the Chapter 11 Cases on the Petition Date and subsequently operated as a debtor-in-possession, in accordance with applicable provisions of the Bankruptcy Code, until emergence on February 9, 2021.

Basis of Presentation

The accompanying consolidated financial statements of Chesapeake were prepared in accordance with GAAP and include the accounts of our direct and indirect wholly owned subsidiaries and entities in which Chesapeake has a controlling financial interest. Intercompany accounts and balances have been eliminated. The accompanying consolidated financial statements have been prepared assuming the Company will continue as a going concern .

Accounting During Bankruptcy

We have applied Accounting Standards Codification (ASC) 852, Reorganizations, in preparing the consolidated financial statements. ASC 852 requires that the financial statements, for periods subsequent to the filing of a petition of Chapter 11 Cases, distinguish transactions and events that are directly associated with the reorganization from the ongoing operations of the business. Accordingly, certain revenues, expenses, realized gains and losses and provisions for losses that are realized or incurred during the bankruptcy proceedings, including losses related to executory contracts that were approved for rejection by the Bankruptcy Court, and unamortized deferred financing costs, premiums and discounts associated with debt classified as liabilities subject to compromise, are recorded as reorganization items, net on our accompanying consolidated statements of operations. In addition, pre-petition obligations that may be impacted by the Chapter 11 process have been classified on the consolidated balance sheet as of December 31, 2020 as liabilities subject to compromise. These liabilities are reported at the amounts we anticipate will be allowed by the Bankruptcy Court, even if they may be settled for lesser amounts. See Note 2 for more information regarding reorganization items.

Accounting Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosures in the financial statements. Management evaluates its estimates and related assumptions regularly, including those related to the impairment of oil and natural gas properties, oil and natural gas reserves, derivatives, income taxes, unevaluated properties not subject to evaluation, impairment of other property and equipment, environmental remediation costs, asset retirement obligations, litigation and regulatory proceedings and fair values. Changes in facts and circumstances or additional information may result in revised estimates, and actual results may differ significantly from these estimates.

Consolidation

We consolidate entities in which we have a controlling financial interest. We consolidate subsidiaries in which we hold, directly or indirectly, more than 50% of the voting rights and variable interest entities (“VIEs”) in which we are the primary beneficiary. We consolidate a VIE when we are the primary beneficiary, which is the party that has

Data imported from Chesapeake Energy Corp SEC filings. Check original filings before making any investment decision.