Everything you need to know from Chesapeake Energy Corporation’s second quarter conference call.
By Marshall Hargrave: Chesapeake Energy (NYSE:CHK) managed to post 2Q earnings of $0.36 a share (missing $0.44 consensus) and revenues were $5.15 billion (topping $4.67 billion consensus). For the quarter, average production was up 13%, but the EPS miss was a result of a loss on repurchased debt securities and lower natural gas liquid prices. Show More Summary
By Winning Strategies: Chesapeake Energy (NYSE:CHK) has been gaining momentum with its recent strategic moves. The company is looking to strengthen its financial flexibility and to generate growth from its existing asset portfolio at a lower cost. Show More Summary
Chesapeake Energy missed earnings estimates and disappointed investors as its earnings plunged 67%. Here’s why it flopped.
By The Value Investor: Investors in Chesapeake (NYSE:CHK) were not very happy with the company's second quarter results. While operational growth has been impressive the company was hurt by much lower natural gas price realizations in particular. Show More Summary
By Callum Turcan: Chesapeake Energy Inc (NYSE:CHK) keeps chugging along just fine. Last quarter, capex fell by 27% year-over-year as total adjusted production rose 13%. The best part about Chesapeake's production growth is that it was heavily weighted towards liquids. Show More Summary
By David White: Chesapeake Energy Corp. (NYSE:CHK) is a former natural gas E & P company that has remade itself into an oil and natural gas E & P. It came close to going bankrupt as a natural gas E & P, when natural gas prices fell dramatically the first time. Show More Summary
Chesapeake Energy Corporation (NYSE:CHK) Q2 2014 Results Earnings Conference Call August 6, 2014 9:00 AM ET Executives Gary Clark - Investor Relations Doug Lawler - Chief Executive Officer Nick Dell'Osso - Chief Financial Officer Chris...Show More Summary
By Daniel Jennings: The Obama Administration's efforts to limit greenhouse gases and the deficiencies in America's transportation infrastructure could give gas producers like Chesapeake Energy (NYSE:CHK) and Devon Energy (NYSE:DVN) a huge boost in revenues. Show More Summary
By Callum Turcan: Ohio is home to one of America's best emerging shale plays, the Utica shale. Located right next to the well established Marcellus, the Utica formation offers plenty of upside potential to E&P players willing to take the risk in developing a new area. Show More Summary
ByRichard Zeits: Yesterday morning, Chesapeake Energy (NYSE:CHK) put out a press release that included an update on the company's commodity price realizations in the second quarter. The fact that Chesapeake elected to provide such disclosure...Show More Summary
By Mitu Anand: Natural gas producer Chesapeake Energy (NYSE:CHK) has seen a remarkable drop in its fortunes in the last month. Chesapeake shares have lost almost 12% in past month, underperforming the S&P 500's 1% gain. But, the slowdown...Show More Summary
Seventy Seven Energy Inc was recently spun off from Chesapeake Energy but has yet to prove itself as a stand-alone company
Chesapeake Energy’s decision to accelerate drilling in the out-of-favor Haynesville shale gas play could actually pay off in the long run.
Chesapeake Energy's hedging strategy looks like it will be a benefit for shareholders as natural gas prices continue to approach $4.
ByRichard Zeits: Last week, Rice Energy (NYSE:RICE) emerged as the acquirer of a high-quality acreage package in the Marcellus Shale from Chesapeake Energy (NYSE:CHK) and its partners. The transaction includes approximately 22,000 net acres and 12 Marcellus wells in Southwestern Pennsylvania. Show More Summary
The possibility of more downside from Chesapeake Energy will keep new spin-off Seventy Seven Energy from prospering in the current strong market for oilfield services, but investors should keep an eye on it for the future.
Eroding margins, poor quarterly results, and criminal charges make these three names the worst performers in the stock market today
By Alpha Strategist: Chesapeake Energy (CHK) raised its 2014 total production growth outlook to 9%-12%, up from the previous estimate of 8%-10% driven by better natural gas liquids volumes. In addition, since the company has shifted its focus on the liquid-rich plays, its liquid production is expected to increase by approximately 29%- 33% in 2014. Show More Summary