UPDATE: Chesapeake Energy (CHK) Reports In-Line Q2 Loss of 11c/Share

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Go back to UPDATE: Chesapeake Energy (CHK) Reports In-Line Q2 Loss of 11c/Share

Chesapeake Energy Corporation Reports 2015 Second Quarter Financial and Operational Results

August 5, 2015 7:01 AM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Chesapeake Energy Corporation (NYSE: CHK) today reported financial and operational results for the 2015 second quarter. Highlights include:

Production averaged approximately 703,000 boe per day, an increase of 13% year over year, adjusted for asset sales

Adjusted net loss of $0.11 per fully diluted share and adjusted ebitda of $600 million

2015 total production guidance increased to 667 677 mboe per day, up 4% from midpoint of prior guidance

2015 production and general and administrative expense guidance lowered

2015 capital guidance maintained at $3.5 $4.0 billion

... More