Chesapeake Energy 2017 Q3 Earnings NOVEMBER 2, 2017
3Q17 FINANCIAL AND OPERATIONAL RESULTS (1) See non-GAAP reconciliation on pages 11 and 12 (2) As of October 30, 2017 (3) Oil and NGLS collectively referred to as liquids Q3 2017 EARNINGS 3
MOMENTUM BUILDING INTO 2018 OPERATIONS SETTING THE STAGE 600 Total Production 575 Total Net Production (mboe/d) 4Q17 production 550 accelerating due to TILs 525 130 TILs projected for 4Q17; 500 73 in STX 475 450…
GULF COAST HAYNESVILLE DELIVERING EXCEPTIONAL PRODUCTIVITY One pad, 133 mmcf/d BSNR 1H 37 mmcf/d, 9,800' lateral, 9/26/2017 TIL BSNR 2H 32 mmcf/d, 9,800' lateral, 9/26/2017 TIL BSNR 3H 35 mmcf/d, 9,800' lateral, 9/28/2017 TIL BSNR 4H…
SOUTH TEXAS UPDATE TESTING NEW COMPLETIONS DESIGNS Notable performance Vesper Unit IV DIM H 3H TIL 10/06/2017 16,194' lateral Peak rate 2,350 bo/d, 2,580 boe/d Longer laterals are paying off 60 Vesper Unit IV DIM H 3H…
MARCELLUS SHALE THE FUTURE OF APPALACHIA DEVELOPMENT STACKED POTENTIAL Resource potential Maris pad two Upper Marcellus wells 60 mmcf/d combined peak flow rate TIL 9/01/2017, 6,700' avg. lateral Upper Marcellus Co-development…
DEBT MATURITY PROFILE 9.2 billion (1) Principal balance 10/31/2017 2,500 Current Pro Forma 2,078 2,000 Secured 1,868 815 451 1,500 1,300 1,300 Millions 1,250 1,000 1,263 1,417 665 500 380 338 53 0 2018…
CHESAPEAKE ENERGY CORPORATION RECONCILIATION OF ADJUSTED NET INCOME AVAILABLE TO COMMON STOCKHOLDERS ( in millions except per share data) (unaudited) THREE MONTHS ENDED: September 30, 2017 /Diluted Share(b)(c) Net loss available…
CHESAPEAKE ENERGY CORPORATION RECONCILIATION OF ADJUSTED EBITDA ( in millions) (unaudited) September 30, September 30, THREE MONTHS ENDED: 2017 2016 EBITDA 345 (865) Adjustments: Unrealized (gains) losses on commodity…
CORPORATE INFORMATION HEADQUARTERS PUBLICLY TRADED SECURITIES CUSIP TICKER 7.25% Senior Notes due 2018 165167CC9 CHK18A 6100 N. Western Avenue 3mL + 3.25% Senior Notes due 2019 165167CM7 CHK19 Oklahoma City, OK 73118 WEBSITE:…