CHESAPEAKES FOCUS IN 2016 DELIVERING ON OUR PLAN 2016 Plan 2016 Progress to Date Reduce capital budget by 50% Raised 2016 production guidance and reiterated Maximize 10% reduction in LOE/boe capex guidance Liquidity 15% reduction…
3Q16 FINANCIAL AND OPERATIONAL RESULTS ADJ. EPS ADJ. EBITDA PROD. and G&A EXP. 0.09 421mm 20% YOY 3.88/boe (1) ADJ. PRODUCTION LIQUIDS MIX (3) ADJ. OIL PRODUCTION 2% YOY (2) 24% of total production 16% YOY (2) 638…
RETURNING TO GROWTH SIGNIFICANT OIL GROWTH WILL DRIVE MARGIN EXPANSION Total Production (mboe/d) (1) Oil Production (mbo/d) (1) 750 140 700 120 650 600 100 550 80 500 450 60 4Q'16E 4Q'17E 4Q'18E 4Q'16E…
ADJUSTED PRODUCTION RECONCILIATION CUMULATIVE IMPACT OF MULTIPLE SALES TRANSACTIONS IN 2016 Production with Divestiture Adjustments (1) 800 Full impact of Barnett and Mid-Continent Partial quarter planned Devonian 700 divestitures…
CONTINUE TO DELIVER IN 2016 1.4 billion incremental liquidity generated through proactive liability management (1) 1.3 billion in gross proceeds from asset divestitures YTD; Expect more than 2.0 billion in gross proceeds…
APPENDIX 3Q'16 Earnings 9
RECONCILIATION OF ADJUSTED EARNINGS PER SHARE (a) Weighted average common and common equivalent shares outstanding do not include 113 million shares that were considered antidilutive f or calculating earnings per share in accordance…
RECONCILIATION OF ADJUSTED EBITDA (a) Adjusted ebitda excludes certain items that management believes affect the comparability of operating results . The company believes these non-GAAP financial measures are a useful adjunct to…
CORPORATE INFORMATION HEADQUARTERS PUBLICLY TRADED SECURITIES CUSIP TICKER 6.25% Senior Notes due 2017 027393390 N/A 6100 N. Western Avenue Oklahoma City, OK 73118 6.50% Senior Notes due 2017 165167BS5 CHK17 WEBSITE: www.chk.com 7.25%…