Skip to main content 3Q 2021 Investor Presentation – Chesapeake Energy Corp | Shale Experts
Loading...
Pm

3Q 2021 Investor Presentation – Chesapeake Energy Corp

Chesapeake Energy Corp · Nov 3, 2021 · 13 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 1
    Consistent Returns, Sustainable Future 3Q 2021 EARNINGS / NOVEMBER 3, 2021
  2. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 2
    CHK Strategic Priorities 2022 Value Drivers Disciplined capital investment Disciplined capital allocation Focused on highest ROR opportunities 85% of 2022 Capex focused on high-certainty Targeting 60% 70% reinvestment of projected…
  3. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 3
    3Q Highlights: Delivering Value Adjusted EBITDAX (1) Balance sheet cash 519mm 849mm as of 9/30/21 Base dividend increase 27% to 1.75/share/year Net debt(1) to 2021E adjusted EBITDAX Free cash flow(1) 0.2x 265mm as of…
  4. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 4
    2022: Continuing to Build Momentum 2022E ACTIVITY 2022E PRELIMINARY OUTLOOK APPALACHIA Appalachia 540,000 net acres Adjusted EBITDAX Net debt to 2022E adjusted EBITDAX(1) 3.2 3.4 billion 40% WI, 35% NRI Powder POWDER River…
  5. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 5
    Reducing Direct GHG and Methane Emissions 0 5.5 0.09% Routine flaring on wells GHG intensity by 2025 Methane intensity by 2025 completed in 2021 and beyond, (tCO2e/gross mboe produced) (volume methane emissions/ enterprise-wide by…
  6. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 6
    Appendix
  7. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 7
    Current CHK PF Hedge Book with Prices AVERAGE HEDGED PRICE RMDR 2021 FY 2022 FY 2023 Gas (/mcf) 2.66 2.69 2.73 3.06 2.68 Oil (/bbl) 42.62 44.30 47.17 76% 78% 61% NATURAL GAS OIL 53% SWAPS COLLARS SWAPS Volume Avg. Price Volume…
  8. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 8
    Hedged Basis Projection As of 11/2/2021 APPALACHIA NATURAL GAS HEDGES (1) BASIS TRANSPORT SPREAD TOTAL APPALACHIA TETCO M3 TGP Z4 300L LEIDY TETCO M3 LEIDY Avg. Avg. Avg. Avg. Avg. Avg. Volume % of Price Volume % of Price Volume…
  9. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 9
    Managements Outlook as of November 2, 2021 2021E CHK 2021E CHK 2021E CHK Previous 11/2/21 Pro Forma Total production: Oil mmbbls 23.5 25.5 24.5 26.5 24.5 26.5 NGL mmbbls 6.5 8.5 6.5 8.5 6.5 8.5 Natural gas bcf 725 745 735 755 790…
  10. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 10
    2022 Preliminary Outlook as of November 2, 2021 2022E CHK 2022E CHK Previous 11/2/2021 Total production: Oil mmbbls 20.0 22.0 20.0 22.0 Natural gas bcf 1,095 1,125 1,095 1,125 Total daily rate mboe per day 575 595 575 595…
  11. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 11
    Reconciliation of Net Income (Loss) to Adjusted EBITDAX (unaudited) Successor Predecessor Three Months Three Months Ended Ended September 30, 2021 September 30, 2020 ( in millions) Net loss (GAAP) (345) (745) Adjustments:…
  12. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 12
    Reconciliations of Free Cash Flow and Net Debt FREE CASH FLOW Successor Predecessor Three Months Three Months Ended Ended September 30, September 30, 2021 2020 ( in millions) Net cash provided by operating activities (GAAP) 443…
  13. 3Q 2021 Investor Presentation – Chesapeake Energy Corp – slide 13
    Non-GAAP Financial Measures This document includes non-GAAP financial measures. Such non-GAAP measures should not be considered as an alternative to, or more meaningful than, GAAP measures. The Companys management believes that these…

From the store

Browse maps, data & reports in the Shale Experts store