Chesapeake Energy (CHK) Tops Q1 EPS by 70c

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CHESAPEAKE ENERGY CORPORATION REPORTS 2022 FIRST QUARTER RESULTS

May 4, 2022 4:01 PM EDT

OKLAHOMA CITY, May 4, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) today reported 2022 first quarter financial and operating results. Highlights include:

Net cash provided by operating activities of $853 millionDelivered $532 million in adjusted free cash flow(1), the highest quarterly amount in company historyNet loss totaled $764 million, or $6.32 per diluted share; adjusted net income(1) of $436 million, or $3.09 per diluted shareAdjusted EBITDAX(1) of $913 millionQuarterly dividend of... More