Chesapeake Energy (CHK) Tops Q1 EPS by 4c, Revs Beat

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Go back to Chesapeake Energy (CHK) Tops Q1 EPS by 4c, Revs Beat

Chesapeake Energy Corporation Reports 2017 First Quarter Financial And Operational Results

May 4, 2017 7:00 AM EDT

OKLAHOMA CITY, May 4, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today reported financial and operational results for the 2017 first quarter plus other recent developments. Highlights include:

Average 2017 first quarter production of 528,000 boe per day, above midpoint of guidance of 515,000 to 535,000 boe per day Oil production expected to reach 100,000 barrels per day by year-end 2017; average 2017 first quarter oil production of 83,700 barrels per day, above midpoint of guidance of 80,000 to 85,000 barrels per day Combined production and G&A expenses per boe down 2% quarter over... More