Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
The feature you requested does not exist. However, we suggest the following feature:

Chesapeake Energy : reports 1Q loss

share with twitter share with LinkedIn share with facebook
share via e-mail
05/05/2016 | 02:28pm CEST

OKLAHOMA CITY (AP) _ Chesapeake Energy Corp. (CHK) on Thursday reported a loss of $921 million in its first quarter.

On a per-share basis, the Oklahoma City-based company said it had a loss of $1.44. Losses, adjusted for asset impairment costs and non-recurring costs, came to 10 cents per share.

The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The natural gas company posted revenue of $993 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $920.8 million.

Chesapeake shares have risen 26 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. The stock has decreased 66 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHK at http://www.zacks.com/ap/CHK

Keywords: Chesapeake Energy, Earnings Report

Automated Insights, source Associated Press News

share with twitter share with LinkedIn share with facebook
share via e-mail
React to this article
Latest news
Date Title
02:28p CHESAPEAKE ENERGY : reports 1Q loss
02:28p COCA COLA : S/Africa welcomes Coca-Cola merger deal - Minister
02:28p CHUANGMEI PHARMACEUTICAL : HKTDC Hong Kong International Medical Devices and Supplies Fair Concludes
02:28p PRIMORIS SERVICES : misses 1Q profit forecasts
02:27p OLD MUTUAL : OMAM Sees Drop In First-Quarter Net Income
02:27p BAIDU : Beijing tightens hospital oversight following man's death
02:27p VONAGE : Announces Strong First Quarter 2016 Results and Agreement to Acquire Nexmo, Inc.; Acquisition Accelerates Company's Growth Strategy and Elevates Leadership Position in Cloud Communications
02:27p CANNASYS INC : CannaSys, Inc. to Present on CANNAINVESTOR Webcast
02:26pDJTurkey Premier Says He Will Step Aside
02:25p PERFICIENT : posts 1Q profit
Latest news
Hot News 
FILTRONIC : New Contract Win
BANGO : Implements Google Play Direct Carrier Billing In India
FALANX GROUP LIMITED : Acquisition, Placing and issue of Loan Notes
DELTEX MEDICAL : 4 May 2016 Enhanced performance TruFlow probe launched in UK
ROBINSON : Says Lower Resin Prices Hit Revenue In First Quarter
Most Read News
05/04DJAustralia March Trade Deficit Narrows
05/04DJAustralian March Retail Sales Rise
05/04 KANTAR HEALTH : Names Diana Tan General Manager for China, Expanding Expertise in Innovative Patient Insights
05/04 PRODUCER PRICE SURVEY : March 2016
Most recommended articles
05/03DJUBS Shares Drop As Profit Slumps
08:26aDJTurkey Premier Says He Will Step Aside
08:25aDJFEDERAL HOME LOAN MORTGAGE : Fannie Mae to Pay $919 Million Dividend to U.S. as Profit Falls
08:25aDJHong Kong Stock Exchange Calls Out J.P. Morgan
08:25aDJCOSTCO WHOLESALE : April Sales at Established Stores Miss Estimates