OKLAHOMA CITY, April 21, 2017 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below.



                                                   4.50%               5%         5.75%   5.75% (Series A)
                                                    ----               ---           ----     ---------------

    NYSE Symbol                                 CHK Pr D              N/A           N/A                N/A
    -----------                                 --------              ---           ---                ---

    Date of Original Issue           September 14, 2005  November 8, 2005  May 17, 2010       May 17, 2010
    ----------------------           ------------------  ----------------  ------------       ------------

    Registered CUSIP                           165167842         165167826      165167768           165167750
    ----------------                           ---------         ---------      ---------           ---------

    144A CUSIP                                       N/A        165167834      165167776           165167784
    ----------                                       ---        ---------      ---------           ---------

    RegS CUSIP                                       N/A              N/A     U16450204          U16450113
    ----------                                       ---              ---     ---------          ---------

    Clean (no legends) CUSIP                         N/A              N/A     165167768           165167750
    ------------------------                         ---              ---     ---------           ---------

    Par Value per Share                            $0.01             $0.01          $0.01               $0.01
    -------------------                            -----             -----          -----               -----

    Shares Outstanding                         2,558,900         1,810,667        770,528             463,363
    ------------------                         ---------         ---------        -------             -------

    Liquidation Preference per Share                $100              $100         $1,000              $1,000
    --------------------------------                ----              ----         ------              ------

    Record Date                             June 1, 2017      May 1, 2017   May 1, 2017        May 1, 2017
    -----------                             ------------      -----------   -----------        -----------

    Payment Date                           June 15, 2017     May 15, 2017  May 15, 2017       May 15, 2017
    ------------                           -------------     ------------  ------------       ------------

    Amount per Share                              $1.125             $1.25        $14.375             $14.375
    ----------------                              ------             -----        -------             -------

Headquartered in Oklahoma City, Chesapeake Energy Corporation's (NYSE: CHK) operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The company also owns oil and natural gas marketing and natural gas gathering and compression businesses.




    INVESTOR CONTACT:   MEDIA CONTACT:  CHESAPEAKE ENERGY CORPORATION

    Brad Sylvester, CFA Gordon Pennoyer 6100 North Western Avenue

    (405) 935-8870      (405) 935-8878  P.O. Box 18496

    ir@chk.com          media@chk.com   Oklahoma City, OK 73154

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SOURCE Chesapeake Energy Corporation