BUSINESS STRATEGIES Our strategy remains unchanged resilient to commodity price volatility STRATEGIC GOALS Financial discipline 1 Debt reduction of 2 3 billion Profitable and efficient growth ultimate goal of net debt from captured…
WHERE WE HAVE BEEN PRESERVING CHESAPEAKES LONG-TERM FUTURE High debt Reduced 48% of total leverage since 2012 Challenging legacy Reduced 50% of midstream commitments since 2012 transportation commitments 2017 capex budget was…
TOP-QUARTILE EHS PERFORMANCE PROTECTING THE PROTECTING OUR REGULATORY ENVIRONMENT EMPLOYEES COMPLIANCE LEADER Reportable Spills Total Recordable Notice of Regulatory Violations 1.47 Incident Rate Incident Count (1) 304 1,929…
TRANSFORMATION DELIVERING INCREASED MARGINS 30 25 Cash cost leadership 20 Efforts to attack GP&T yielding positive results /boe 15 10 Continued focus on delivering value vs. volume 5 0 Revenue / Boe Adj. Ebitda…
RETURN ON CAPITAL 25% 45.00 Operating Cash Flow / Net Debt + Equity 40.00 Weighted Average Revenue / boe 20% 35.00 Return on Capital 30.00 Revenue / boe 15% 25.00 20.00 10% 15.00 10.00 5% 5.00 0% 0.00 2012…
PREMIER, DIVERSIFIED ASSET BASE World-class gas assets Appalachia North Appalachia South Gulf Coast 2018 Annual Meeting of Shareholders 10
PREMIER, DIVERSIFIED ASSET BASE Emerging oil-growth assets Eagle Ford Mid-Continent Powder River 2018 Annual Meeting of Shareholders 11
The Unconventional Leader The Unconventional Leader Reducing leverage Focused on capital discipline Capital efficiency 2 3 billion of debt reduction targeted Funding our highest returning projects Ultimate goal of 2x debt/EBITDA…