Chesapeake Energy (CHK) Tops Q1 EPS by 7c

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Chesapeake Energy Corporation Reports 2018 First Quarter Financial And Operational Results

May 2, 2018 7:00 AM EDT

OKLAHOMA CITY, May 2, 2018 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE: CHK) today reported financial and operational results for the 2018 first quarter. Highlights include:

2018 first quarter net income available to common stockholders of $268 million, or $0.29 per diluted share; 2018 first quarter adjusted net income available to common stockholders of $361 million, or $0.34 per diluted share 2018 first quarter net cash provided by operating activities increased $557 million compared to 2017 first quarter Reduced $581 million principal amount of long-term debt in 2018 first quarter Average 2018 first quarter... More