Chesapeake Energy (CHK) Updates Q3 Guidance
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Chesapeake Energy Corporation Provides 2017 Third Quarter Update
September 26, 2017 7:00 AM EDTOKLAHOMA CITY, Sept. 26, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today provided an update on its 2017 third quarter operational results and revisions to its 2017 full-year guidance. Highlights include:
Disruptive weather, closed asset sales and changes in capital allocation result in adjusted average 2017 third quarter production estimate of approximately 542,000 boe per day, higher sequentially compared to 527,600 boe in the 2017 second quarter Average 2017 third quarter oil production estimate of 86,000 barrels per day With delays largely mitigated, Chesapeake expects 2017 fourth quarter oil production to... More