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CHESAPEAKE ENERGY CORP (CHK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q8-K10-Q10-Q8-K10-K10-Q
Revenues and other:          
Revenues   935.05,177.0890.0693.0 1,248.0 
            Revenues growth    314.8% 57.5% 12.9% 
Natural gas and oil derivatives      -740.0   
Gains on sales of assets   279.03.03.02.0 29.0 
    Total revenues and other   935.05,177.0890.0693.0 1,248.0 
            Total revenues and other growth    314.8% 57.5% 12.9% 
Operating expenses:          
Production      74.0   
Gathering, processing and transportation      211.0   
Severance and ad valorem taxes   63.0 41.041.0 33.0 
   
Cost of goods and services          
General and administrative   26.028.030.024.0 38.0 
Separation and other termination costs      11.0 1.0 
Depreciation, depletion and amortization   409.0 228.0229.0 166.0 
Impairments      1.0 13.0 
Other operating expense (income), net   23.083.03.0-4.0 13.0 
    Total operating expenses   1,729.03,756.01,228.01,123.0 1,072.0 
    Income (loss) from operations   -794.01,421.0-338.0-430.0 176.0 
            Operating margin   -84.9%27.4%-38.0%-62.0% 14.1% 
   
Other income (expense):          
Interest expense   -32.0-26.0-17.0-18.0 -24.0 
Gains (losses) on purchases, exchanges or extinguishments of debt          
Other income (expense)   16.0  9.0 5.0 
    Total other income (expense)     -17.0  -598.0 
    Income (loss) before income taxes   -810.0 -355.0-439.0 -422.0 
Income tax benefit   -46.0-39.0-10.0  -6.0 
    Net income (loss)     -345.0  -416.0 
Net loss attributable to noncontrolling interests          
    Net income (loss) available to Chesapeake   -764.01,434.0-345.0-439.0 -416.0 
Preferred stock dividends          
    Net income (loss) available to common stockholders, Diluted   -764.01,434.0-345.0-439.0 -416.0 
   
Earnings (loss) per common share:          
Basic (in dollars per share)   ($6.32)$12.90($3.51)($4.48) ($42.27) 
Diluted (in dollars per share)   ($6.32)$11.13($3.51)($4.48) ($42.27) 
   
Weighted average common shares outstanding (in thousands):          
Basic (in shares)   120.8111.298.297.9 9.8 
Diluted (in shares)   120.8128.898.297.9 9.8 

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