Chesapeake Energy (CHK) Sees 2017 Capital Expenditures of $1.9B-$2.5B

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Chesapeake Energy Corporation Provides 2017 Guidance And Operational Update

February 14, 2017 7:00 AM EST

OKLAHOMA CITY, Feb. 14, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today announced additional details of its 2017 guidance outlook. Highlights include:

Projected total capital expenditures guidance of $1.9 $2.5 billion, including capitalized interest Projected total company production guidance ranging from a decline of 3% to growth of 2%, adjusted for asset sales Exit rate oil production projected to grow by 10% in 2017, while exit rate gas production projected to remain relatively flat, adjusted for asset sales Plan to operate an average of... More