Chesapeake Energy (CHK) Misses Q2 EPS by 3c; Increases Divestiture Proceeds Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. CVS
10. SPY

Go back to Chesapeake Energy (CHK) Misses Q2 EPS by 3c; Increases Divestiture Proceeds Outlook

Chesapeake Energy Corporation Reports 2016 Second Quarter Financial And Operational Results

August 4, 2016 7:01 AM EDT

OKLAHOMA CITY, Aug. 4, 2016 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today reported financial and operational results for the 2016 second quarter. Highlights include:

Total debt reduction of more than $1.0 billion year to date 2016 second quarter production averaged approximately 657,100 boe per day; company increases full-year 2016 production guidance by 3% while maintaining capital expenditure guidance Cost structure improvements lead to lower full-year 2016 production expense guidance Company increases target of 2016 total gross proceeds from asset divestitures by year-end to more than $2.0 billion from $1.2 to... More