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Stocks making the biggest moves after hours: Chesapeake Energy, F5, Lattice Semiconductor and more - Reuters reveals Chesapeake Energy to offload part of south Texas operations for $1.4 bln
Chesapeake Energy
Key facts
- city: Oklahoma City
- state: OK
- country: United States
- sector: Energy
- foundation year: 1989
- industry: Oil, Gas & Consumable Fuels
- CEO: Domenic J. Dell'Osso Jr.
- CEO gender: Male
Classified as: organization
Summary
Chesapeake Energy is a company. It is located in Oklahoma City, the United States and was founded in 1989. The company is part of the Energy sector, specifically in the Oil, Gas & Consumable Fuels industry.
Business
Chesapeake Energy is one of the companies in the United States, companies in Oil, Gas & Consumable Fuels, companies in Energy and 3,466,499 companies in our database.
- Assets: 11B $
- Debt: 2.8B $
- Employees: 1,300 people
- Free cash flow: 2.4B $
- Market cap: 11.8B $
- Profits: 6.3B $
- Revenues: 8.6B $
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Talking Points:
- Headquartered in Oklahoma City, Chesapeake Energy Corporation is powered by dedicated and innovative employees who are focused on discovering and responsibly developing our leading positions in top U.S. oil and gas plays. With a goal to achieve net-zero direct GHG emissions by 2035, Chesapeake is committed to safely answering the call for ...
- Chesapeake Energy Corporation, an independent exploration and production company, engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs in the United States. The company holds interests in natural gas resource plays in the Marcellus Shale in the northern Appalachian Basin in Pennsylvania and the Haynesville/Bossier Shales in northwestern Louisiana; and the liquids-rich resource play in the Eagle Ford Shale in South Texas. As of December 31, 2021, it owned interests in approximately 8,200 gross productive wells, including 6,500 wells with working interest and 1,700 wells with an overriding or royalty interest; and had estimated proved reserves of 661 million barrels of oil equivalent. The company was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.
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