Name | Value |
---|---|
Revenues | 3,035.0M |
Cost of Revenue | 1,505.0M |
Gross Profit | 1,530.0M |
Operating Expense | 45.0M |
Operating I/L | 1,820.0M |
Other Income/Expense | -27.0M |
Interest Income | 2.0M |
Pretax | 1,793.0M |
Income Tax Expense | 404.0M |
Net Income/Loss | 1,389.0M |
Chesapeake Energy Corporation is an independent exploration and production company specializing in acquiring, exploring, and developing properties for oil, natural gas, and natural gas liquids production in the United States. The company's interests include natural gas resource plays in the Marcellus Shale in Pennsylvania, the Haynesville/Bossier Shales in Louisiana, and the liquids-rich resource play in the Eagle Ford Shale in Texas. With approximately 8,200 gross productive wells and estimated proved reserves of 661 million barrels of oil equivalent, Chesapeake Energy generates revenue through the extraction and sale of oil, natural gas, and natural gas liquids from its underground reservoirs.