Form 8-K · Current Report · Filed 2024-04-30
Chesapeake Energy Reports Q1 2024 Financial Results and Announces Presentation
Chesapeake Energy Corporation reported its first quarter 2024 financial and operational results on April 30, 2024, revealing a net income of $26 million, or $0.18 per fully diluted share, and adjusted net income of $80 million, or $0.56 per share.
- Filer
- Expand Energy Corp. EXE · NASDAQ
- Filed
- Accession
- 0000895126-24-000053
- CIK
- 0000895126
- Signal
- Low impactEnergy
- Source
- Official filing on sec.gov ↗
Details
The company generated $552 million in net cash from operating activities and announced a presentation about its financial and operating results for the first quarter on May 1, 2024. Chesapeake also reaffirmed its credit facility borrowing base and increased aggregate commitments to $2.5 billion. The company declared a total dividend of $0.715 per common share to be paid in June 2024.
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$92.96
Next session
-6.8%
Since filing
+1.2%
Latest close
$94.03
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Precedent
Previous filings from EXE reporting the same item, with the next session's move:
Exhibits (2)
About Expand Energy Corp.
Expand Energy Corp. is a prominent player in the energy sector, engaged primarily in the exploration, development, and production of oil and natural gas resources. The company focuses on leveraging advanced technology and innovative techniques to efficiently harness energy resources while maintaining environmental and safety standards. Expand Energy Corp. operates across multiple regions, capitalizing on a diverse portfolio of onshore and offshore assets that provide stability and growth opportunities. Its activities are crucial in supporting energy supply chains, addressing global energy demand, and contributing to energy security. The company's strategic investments in renewable energy projects also reflect a commitment to transitioning towards more sustainable energy solutions. Through partnerships and collaborations with industry leaders, Expand Energy Corp. plays a significant role in driving technological advancements and sustainable practices within the energy market. As the industry navigates the evolving landscape of energy consumption and regulatory changes, Expand Energy Corp.'s comprehensive approach ensures its participation in the broader dialogue on future energy solutions.
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