OverviewSuggest Edit

Chesapeake Energy is a petroleum and natural gas exploration and production company. It is focused on discovering and developing its geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The company also owns oil and natural gas marketing and natural gas gathering and compression businesses. 
TypePublic
Founded1989
HQOklahoma City, OK, US
Websitechk.com
Employee Ratings3.7
Overall CultureD+

Latest Updates

Employees (est.) (Feb 2021)1,300(-43%)
Job Openings12
Revenue (FY, 2020)$5.3 B(-37%)
Share Price (Jul 2021)$54.8(+2%)

Key People/Management at Chesapeake Energy

Robert D. Lawler

Robert D. Lawler

President, Chief Executive Officer and Director
Domenic J. Dell'Osso

Domenic J. Dell'Osso

Executive Vice President and Chief Financial Officer
Frank J. Patterson

Frank J. Patterson

Executive Vice President – Exploration and Production
James R. Webb

James R. Webb

Executive Vice President – General Counsel and Corporate Secretary
William M. Buergler

William M. Buergler

Senior Vice President and Chief Accounting Officer
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Chesapeake Energy Office Locations

Chesapeake Energy has an office in Oklahoma City
Oklahoma City, OK, US (HQ)
6100 N Western Ave
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Chesapeake Energy Financials and Metrics

Chesapeake Energy Revenue

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Chesapeake Energy's revenue was reported to be $5.3 b in FY, 2020 which is a 37.6% decrease from the previous period.
USD

Revenue (Q1, 2021)

830.0m

Gross profit (Q1, 2021)

374.0m

Gross profit margin (Q1, 2021), %

45.1%

Net income (Q1, 2021)

295.0m

EBIT (Q1, 2021)

285.0m

Market capitalization (23-Jul-2021)

5.3b

Closing stock price (23-Jul-2021)

54.8

Cash (31-Mar-2021)

340.0m

EV

6.2b
Chesapeake Energy's current market capitalization is $5.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

10.2b8.5b5.3b

Revenue growth, %

(17%)(38%)

Cost of goods sold

7.2b5.9b3.9b

Gross profit

3.0b2.6b1.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

2.2b2.4b2.1b2.5b507.0m959.0m830.0m

Cost of goods sold

1.7b1.4b1.4b1.5b758.0m832.0m456.0m

Gross profit

468.0m938.0m681.0m1.0b(251.0m)127.0m374.0m

Gross profit Margin, %

22%40%33%41%(50%)13%45%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

4.0m6.0m279.0m

Accounts Receivable

1.2b990.0m746.0m

Current Assets

1.6b1.3b1.1b

PP&E

9.0b14.8b5.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

8.0m4.0m14.0m82.0m82.0m306.0m340.0m

Accounts Receivable

1.2b1.0b977.0m762.0m513.0m676.0m704.0m

Current Assets

1.4b1.4b1.4b1.8b690.0m1.1b1.2b

PP&E

14.9b14.8b14.9b5.8b5.7b5.6b5.6b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

877.0m(308.0m)(9.7b)

Depreciation and Amortization

1.1b2.3b1.1b

Accounts Payable

138.0m(630.0m)612.0m

Cash From Operating Activities

2.0b1.6b1.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(21.0m)77.0m16.0m(8.3b)(8.6b)(9.3b)295.0m

Depreciation and Amortization

519.0m1.1b1.7b603.0m761.0m931.0m122.0m

Cash From Operating Activities

456.0m853.0m1.2b397.0m773.0m1.2b409.0m

Purchases of PP&E

(9.0m)(18.0m)(27.0m)(11.0m)(15.0m)(18.0m)
USDFY, 2018

EV/EBIT

11.1 x

EV/CFO

4.9 x

Revenue/Employee

4.4m

Debt/Equity

16.8 x

Debt/Assets

0.7 x

Financial Leverage

23.4 x

P/E Ratio

2.5
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Chesapeake Energy Operating Metrics

FY, 2018FY, 2019FY, 2020

Total Exploratory Wells

1252

Net Exploratory Wells

1152

Productive Exploratory Wells

101

Dry Exploratory Wells

242
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Chesapeake Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
WildHorse Resource DevelopmentOctober 30, 2018$4 b
Appalachia Midstream ServicesDecember 28, 2011$865 m
Bronco DrillingApril 15, 2011$315 m
Gene D. Yost & SonAugust 28, 2006
Hodges Trucking CompanyJuly 11, 2006
AnSon ProductionOctober 22, 1997
DLB Oil & GasOctober 22, 1997
Brazos Valley Longhorn
Chesapeake Appalachia
Chesapeake Energy Marketing
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Chesapeake Energy Revenue Breakdown

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Chesapeake Energy revenue breakdown by business segment: 64.1% from Oil, Natural Gas and Natural Gas Liquids and 35.9% from Marketing

Human Capital Metrics

Source: www.chk.com
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Chesapeake Energy Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Chesapeake Energy Online and Social Media Presence

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Chesapeake Energy Company Culture

  • Overall Culture

    D+

    61/100

  • CEO Rating

    F

    47/100

  • Compensation

    C

    63/100

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Chesapeake Energy Blogs

Chesapeake Energy Corporation Declares Quarterly Preferred Stock Dividends and Provides 2018 Third Quarter Earnings Conference Call Information

CHESAPEAKE ENERGY CORPORATION DECLARES QUARTERLY PREFERRED STOCK DIVIDENDS AND PROVIDES 2018 THIRD QUARTER EARNINGS CONFERENCE CALL INFORMATION

Chesapeake Energy Corporation Announces Pricing of $1.25 Billion Senior Notes Offering

CHESAPEAKE ENERGY CORPORATION ANNOUNCES PRICING OF $1 BILLION SENIOR NOTES OFFERING

Chesapeake Energy Corporation Announces Amended and Restated Senior Secured Revolving Credit Facility

Chesapeake Energy Corporation Announces Amended and Restated Senior Secured Revolving Credit Facility

Chesapeake Energy Corporation Announces the Appointment of Mark Edmunds to Board of Directors

CHESAPEAKE ENERGY CORPORATION ANNOUNCES THE APPOINTMENT OF MARK EDMUNDS TO BOARD OF DIRECTORS

Chesapeake Energy Corporation Reports 2018 Second Quarter Financial and Operational Results

CHESAPEAKE ENERGY CORPORATION REPORTS 2018 SECOND QUARTER FINANCIAL AND OPERATIONAL RESULTS

Chesapeake Energy Corporation Agrees to Sell Utica Shale Position For $2.0 Billion, Provides Powder River Basin Update and 2018 Updated Guidance

CHESAPEAKE ENERGY CORPORATION AGREES TO SELL UTICA SHALE POSITION FOR $2.0 BILLION, PROVIDES POWDER RIVER BASIN UPDATE AND 2018 UPDATED GUIDANCE
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Chesapeake Energy Frequently Asked Questions

  • When was Chesapeake Energy founded?

    Chesapeake Energy was founded in 1989.

  • Who are Chesapeake Energy key executives?

    Chesapeake Energy's key executives are Robert D. Lawler, Domenic J. Dell'Osso and Frank J. Patterson.

  • How many employees does Chesapeake Energy have?

    Chesapeake Energy has 1,300 employees.

  • What is Chesapeake Energy revenue?

    Latest Chesapeake Energy annual revenue is $5.3 b.

  • What is Chesapeake Energy revenue per employee?

    Latest Chesapeake Energy revenue per employee is $4.1 m.

  • Who are Chesapeake Energy competitors?

    Competitors of Chesapeake Energy include Noble Energy, Ovintiv and EOG Resources.

  • Where is Chesapeake Energy headquarters?

    Chesapeake Energy headquarters is located at 6100 N Western Ave, Oklahoma City.

  • Where are Chesapeake Energy offices?

    Chesapeake Energy has an office in Oklahoma City.

  • How many offices does Chesapeake Energy have?

    Chesapeake Energy has 1 office.