Chesapeake Energy (CHK) Tops Q2 EPS by 3c

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Chesapeake Energy Corporation Reports 2017 Second Quarter Financial And Operational Results

August 3, 2017 7:01 AM EDT

OKLAHOMA CITY, Aug. 3, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today reported financial and operational results for the 2017 second quarter plus other recent developments. Highlights include:

Average 2017 second quarter production of 527,600 boe per day, flat sequentially Average 2017 second quarter oil production of 88,400 barrels per day, up 6% sequentially Total production averaged approximately 548,300 boe per day, including a peak rate of 90,400 barrels of oil, in July; goal of reaching 100,000 barrels of oil per day by year-end on track Actively managing capital... More