Name | Value |
---|---|
Revenues | 1,419.0M |
Cost of Revenue | 1,323.0M |
Gross Profit | 96.0M |
Operating Expense | 48.0M |
Operating I/L | 517.0M |
Other Income/Expense | 1.0M |
Interest Income | 3.0M |
Pretax | 518.0M |
Income Tax Expense | 127.0M |
Net Income/Loss | 391.0M |
Chesapeake Energy Corporation is engaged in the acquisition, exploration, and development of properties for oil, natural gas, and natural gas liquids production in the United States. The company holds interests in various natural gas resource plays, including the Marcellus, Haynesville, Eagle Ford, Brazos Valley, Powder River Basin, and Mid-Continent. With ownership of approximately 13,500 oil and natural gas wells and estimated proved reserves of 1,572 million barrels of oil equivalent, Chesapeake Energy generates revenue through the extraction and sale of oil, natural gas, and NGL from its underground reservoirs across different regions in the U.S.