Chesapeake Earnings Reports

Expand Energy Corporation reported a net loss of $249 million for the first quarter of 2025, or $1.06 per fully diluted share. Despite the net loss, the company achieved an adjusted net income of $487 million and adjusted EBITDAX of $1,395 million. Net cash provided by operating activities was $1,096 million, and the company produced approximately 6.79 Bcfe/d net. Expand Energy was added to the S&P 500 and received an Investment Grade credit rating from Moody's, achieving a uniform Investment Grade rating from all agencies.

Expand Energy reported a Q4 2024 net loss of $399 million ($1.72 per share), while adjusted net income reached $131 million ($0.55 per share). Revenue totaled $2.001 billion, driven by strong production of 6.41 Bcfe/d. The company continues to invest in expansion and efficiency improvements despite market challenges.

Expand Energy Corporation reported strong third quarter results with net cash provided by operating activities of $422 million and adjusted EBITDAX of $365 million. The company raised its annual synergy target by $100 million and expects to achieve approximately $225 million in synergies in 2025 and approximately $500 million in annual synergies by year end 2027.

Chesapeake Energy Corporation reported a net loss of $227 million, or $1.73 per fully diluted share, but an adjusted net income of $1 million, or $0.01 per share. The company's adjusted EBITDAX was $358 million. They lowered their 2024 Capital and Production Expense guidance by approximately 4% and 8%, respectively.

Chesapeake Energy Corporation reported a net income of $26 million, or $0.18 per fully diluted share, and an adjusted net income of $80 million, or $0.56 per share for the first quarter of 2024. The company generated $552 million in net cash from operating activities and $131 million in free cash flow. Adjusted EBITDAX was $508 million.

Chesapeake Energy Corporation reported strong operational performance for 2023, returning approximately $840 million to shareholders despite a challenging commodity price environment. The company's 2024 operating plan focuses on capital discipline, operational efficiency, and free cash flow generation. A strategic combination with Southwestern Energy is targeted to close in the second quarter.

Chesapeake Energy Corporation reported a net income of $70 million, or $0.49 per diluted share, and an adjusted net income of $155 million, or $1.09 per share, for the third quarter of 2023. The company delivered a total net production of 3,495 mmcfe per day and adjusted EBITDAX of $580 million. They returned over $200 million to shareholders through dividends and share buybacks.

Chesapeake Energy Corporation reported a strong second quarter in 2023, marked by $515 million in operating cash flow, a net income of $391 million, and adjusted EBITDAX of $524 million. The company increased its base dividend and continued share repurchases, demonstrating a commitment to shareholder returns. Operational efficiency improvements and strategic agreements position Chesapeake well for future growth.

Chesapeake Energy Corporation reported strong first quarter 2023 results, including net income of $1,389 million, adjusted EBITDAX of $774 million, and adjusted free cash flow of $241 million. The company remains focused on disciplined capital program and returning cash to shareholders.

Chesapeake Energy Corporation reported strong fourth quarter results with a net income of $3,513 million and adjusted EBITDAX of $1,032 million. The company produced approximately 4.05 bcfe/d net (90% natural gas) and generated $1,050 million of operating cash flow.

Chesapeake Energy Corporation reported strong third quarter results with net income of $883 million, adjusted EBITDAX of $1,256 million, and adjusted free cash flow of $773 million. The company produced approximately 4,108 mmcfe per day, of which 90% was natural gas. They are also progressing efforts to exit their Eagle Ford position.

Chesapeake Energy Corporation reported strong second-quarter results, highlighted by net income of $1,237 million and adjusted EBITDAX of $1,269 million. The company is solidifying its strategic focus on its core Marcellus and Haynesville positions and increasing its capital allocation to the Haynesville.

Chesapeake Energy Corporation reported strong first quarter results for 2022, including record quarterly adjusted free cash flow of $532 million and adjusted EBITDAX of $913 million. The company initiated a share repurchase program, retiring $83 million of common shares, and increased its 2022 adjusted EBITDAX and free cash flow guidance.

Chesapeake Energy Corporation reported strong fourth quarter 2021 results, with a net income of $1.4 billion and adjusted EBITDAX of $687 million. The company generated $372 million in adjusted free cash flow and will pay a quarterly dividend of $1.7675 per common share. They also increased their 2022 adjusted EBITDAX guidance to $3.8 – $4.0 billion.

Chesapeake Energy Corporation reported a net loss of $345 million, or $3.51 per diluted share, but an adjusted net income of $269 million, or $2.38 per diluted share. The company generated $443 million in operating cash flow and $265 million in free cash flow. Increased 2021 guidance for adjusted EBITDAX and total production with no change in capital spending; increased preliminary 2022 guidance for adjusted EBITDAX significantly.

Chesapeake Energy Corporation reported strong second quarter results, with a net loss of $439 million but an adjusted net income of $181 million. The company generated $394 million in operating cash flow and $292 million in free cash flow. They also announced a variable return program to deliver 50% of free cash flow to shareholders quarterly and increased adjusted EBITDAX guidance for the year.

Chesapeake Energy Corporation reported a net loss of $324 million for Q4 2019. However, the adjusted EBITDAX increased by 19% year over year. The company is targeting free cash flow and reducing capital expenditure budget by approximately 30% in 2020.