Chesapeake Energy (CHK) Tops Q4 EPS by 6c
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Chesapeake Energy Corporation Reports 2017 Full Year And Fourth Quarter Financial And Operational Results And Announces 2018 Guidance
February 22, 2018 7:00 AM ESTOKLAHOMA CITY, Feb. 22, 2018 /PRNewswire/ --Â Chesapeake Energy Corporation (NYSE: CHK) today reported financial and operational results for the 2017 full year and fourth quarter plus other recent developments. Highlights include:
Average 2017 production of approximately 547,800 barrels of oil equivalent (boe) per day, up 3 percent compared to 2016 levels, adjusted for asset sales; oil production up 11 percent in 2017 fourth quarter compared to 2016 fourth quarter, adjusted for asset sales Reduced production, general and administrative and gathering, processing and transportation expenses by approximately $510 million, down 18 percent compared to 2016 levels Projected 2018 capital... More