Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Chesapeake Energy Corporation    CHK

Delayed Quote. Delayed  - 08/30 08:35:42 pm
6.45 USD   +0.16%
08/29 CHESAPEAKE ENER : DFW Airport considers $9 million settlement from C..
08/26 CHESAPEAKE ENER : Announces Increase In Size Of Cash Tender Offers F..
08/26 CHESAPEAKE ENER : Announces Early Results Of Cash Tender Offers For ..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Chesapeake Energy Corporation : General Counsel Henry J. Hood Issues Statement

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/19/2012 | 12:20am CEST

Chesapeake Energy Corporation (NYSE:CHK) General Counsel Henry J. Hood issued the following statement in response to recently published media reports: "The Founders Well Participation Program (FWPP) has been in place since the company's founding and was reapproved by shareholders by a wide margin in 2005. The terms and procedures for the program are clear and detailed in every proxy for all shareholders to see. Mr. McClendon's interests and Chesapeake's are completely aligned. In addition, there are numerous third-party participants in the company's wells, including some of the largest energy companies in the world, that monitor the actions of the company through a number of processes, including well audits, reporting, governmental filings and hearings, participation in development plans and marketing of production. The suggestion of any conflicts of interest is unfounded."

Hood also added, "The Board of Directors is fully aware of the existence of Mr. McClendon's financing transactions and the fact that these occur is disclosed in the proxy. Additionally, the total amount of his cost obligations and revenue attributable to the FWPP for each year are detailed in the proxy. The FWPP fully aligns the interests of Mr. McClendon with the company and the Board of Directors supports this program as does the majority of its shareholders."

Please visit www.chk.com/Reuters for more information regarding the company's disclosure on this topic.

Headquartered in Oklahoma City, Chesapeake Energy Corporation (NYSE:CHK) is focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S. Chesapeake owns positions in the Barnett, Haynesville, Bossier, Marcellus and Pearsall natural gas shale plays and in the Eagle Ford, Utica, Granite Wash, Cleveland, Tonkawa, Mississippi Lime, Bone Spring, Avalon, Wolfcamp, Wolfberry and Niobrara unconventional liquids plays. The company has also vertically integrated its operations and owns substantial marketing, midstream and oilfield services businesses directly and indirectly through its subsidiaries Chesapeake Energy Marketing Inc., Chesapeake Midstream Development, L.P. and COS Holdings,, L.L.C. and its affiliate Chesapeake Midstream Partners, L.P. (NYSE:CHKM). Further information is available at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.

Chesapeake Contacts:
Jeffrey L. Mobley, CFA, 405-767-4763
jeff.mobley@chk.com
or
John J. Kilgallon, 405-935-4441
john.kilgallon@chk.com
or
Media Contacts:
Michael Kehs, 405-935-2560
michael.kehs@chk.com
or
Jim Gipson, 405-935-1310
jim.gipson@chk.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHESAPEAKE ENERGY CORPORAT
08/29 CHESAPEAKE ENERGY : DFW Airport considers $9 million settlement from Chesapeake
08/26 CHESAPEAKE ENERGY CORPORATION : Announces Increase In Size Of Cash Tender Offers..
08/26 CHESAPEAKE ENERGY CORPORATION : Announces Early Results Of Cash Tender Offers Fo..
08/25DJCHESAPEAKE ENERGY : College Goes After Oil Man's Pledge -- WSJ
08/24 CHESAPEAKE ENERGY CORP : Entry into a Material Definitive Agreement, Creation of..
08/24 CHESAPEAKE ENERGY : Aubrey McClendon's wine collection expected to draw millions..
08/24DJCHESAPEAKE ENERGY : Duke University Makes Claim on Estate of Aubrey McClendon
08/24DJCHESAPEAKE ENERGY : Duke University Makes Claim on Estate of Aubrey McClendon
08/23DJU.S. Stocks Creep Higher
08/18 S&P 500 MOVERS : Spls, ntap
More news
Sector news : Oil & Gas Exploration and Production - NEC
06:53pDJU.S. Oil Firms Continue Tussle Over Taxes
05:03aDJASIA MARKETS : Asian Markets Get A Lift From U.S. Stock Gains
08/29 CONOCOPHILLIPS : Oil down 1 percent, pressured by glut, dollar, Nigeria outlook
08/29DJAmerican Airlines President Moves to United Continental
08/29DJWilliams Adds Three New Directors
More sector news : Oil & Gas Exploration and Production - NEC
News from SeekingAlpha
12:17p Chesapeake Energy - Why I'm Raising My Short-Term Price Target To $8
07:00a Williams Gets 3 New Directors- Is That Enough To Avoid A Proxy Battle?
08/29 Chesapeake Energy Makes Another Astute Decision
08/29 Insider Weekends - August 26, 2016
08/28 Learn And Adjust - Key Learnings From Following VAR Models
Advertisement
Financials ($)
Sales 2016 7 978 M
EBIT 2016 -119 M
Net income 2016 -2 521 M
Debt 2016 9 878 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 9,09
EV / Sales 2016 1,87x
EV / Sales 2017 1,57x
Capitalization 5 004 M
More Financials
Chart CHESAPEAKE ENERGY CORPORAT
Duration : Period :
Chesapeake Energy Corporat Technical Analysis Chart | CHK | US1651671075 | 4-Traders
Full-screen chart
Technical analysis trends CHESAPEAKE ENERGY...
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 32
Average target price 5,37 $
Spread / Average Target -17%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Robert Douglas Lawler President, Chief Executive Officer & Director
R. Brad Martin Non-Executive Chairman
Domenic J. Dell’Osso Chief Financial Officer & Executive Vice President
Cathy L. Tompkins CTO & Senior Vice President-Information Technology
Merrill A. Miller Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHESAPEAKE ENERGY CORP..43.11%5 004
OCCIDENTAL PETROLEUM C..15.29%59 548
CNOOC LTD16.50%54 891
CONOCOPHILLIPS-9.30%52 451
EOG RESOURCES INC28.75%50 186
CANADIAN NATURAL RESOU..41.12%35 033
More Results