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Wednesday, February 27, 2019

=Chesapeake Energy (CHK) reported earnings on Wed 27 Feb 19 (b/o)



Chesapeake Energy beats by $0.31, beats on revs; provides FY19 outlook 
  • Reports Q4 (Dec) earnings of $0.49 per share, $0.31 better than the S&P Capital IQ Consensus of $0.18; revenues rose 21.8% year/year to $3.07 bln vs the $1.07 bln S&P Capital IQ Consensus.
  • FY19 Outlook:
    • Production Growth Adjusted for Asset Sales: 13% to 20%
    • Adjusted EBITDA (based on 2/22/19 strip prices) $2,500-2,700 mln

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