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 a leading player in the acquisition, exploration, and development of oil, natural gas, and natural gas liquids in the United States. The company's primary revenue stream comes from owning interests in natural gas resource plays, including the Marcellus, Haynesville, Eagle Ford, Brazos Valley, Powder River Basin, and Mid-Continent. With approximately 13,500 oil and natural gas wells and estimated proved reserves of 1,572 million barrels of oil equivalent, Chesapeake Energy Corporation is focused on the production and sale of these energy resources to meet the demand for oil and natural gas in the market.