Overview Financials News + Filings IR Vault Key Docs Charts Transactions Holdings Ownership Insiders
|
| In millions, except per share items | Dec-31-22 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues and other: | | | | | | | | |
| Revenues | 11,743.0 | 5,240.0 | 8,532.0 | 5,189.0 | 10,039.0 | 7,872.0 | 12,764.0 | 23,125.0 |
| Revenues growth | | -38.6% | 64.4% | -48.3% | 27.5% | -38.3% | -44.8% | 21.2% |
| Natural gas and oil derivatives | -2,680.0 | 596.0 | | | | | | |
| Gains on sales of assets | 300.0 | 30.0 | 43.0 | -264.0 | 476.0 | | 4.0 | -199.0 |
| Total revenues and other | 11,743.0 | 5,240.0 | 8,532.0 | 5,189.0 | 10,039.0 | 7,872.0 | 12,764.0 | 23,125.0 |
| Total revenues and other growth | | -38.6% | 64.4% | -48.3% | 27.5% | -38.3% | -44.8% | 21.2% |
| Operating expenses: | | | | | | | | |
| Production | 475.0 | 373.0 | | | | | | |
| Gathering, processing and transportation | 1,059.0 | 1,082.0 | | | | | | |
| Severance and ad valorem taxes | 242.0 | 149.0 | 224.0 | 189.0 | 134.0 | 74.0 | 99.0 | |
| |
| Cost of goods and services | | | | | | | | |
| General and administrative | 142.0 | 267.0 | 315.0 | 335.0 | 333.0 | 240.0 | 235.0 | 554.0 |
| Separation and other termination costs | 5.0 | 44.0 | 12.0 | 38.0 | | 6.0 | 36.0 | 7.0 |
| Depreciation, depletion and amortization | 1,753.0 | 1,097.0 | 2,264.0 | 1,737.0 | 1,697.0 | 1,107.0 | 2,229.0 | 2,915.0 |
| Impairments | | 8,535.0 | 11.0 | 131.0 | 814.0 | 3,025.0 | 194.0 | 88.0 |
| Other operating expense (income), net | 49.0 | 80.0 | 48.0 | | 416.0 | 365.0 | 353.0 | |
| Total operating expenses | 7,963.0 | 13,943.0 | 8,563.0 | 9,648.0 | 10,177.0 | 12,283.0 | 31,683.0 | 19,648.0 |
| Income (loss) from operations | 3,780.0 | -8,703.0 | -31.0 | 382.0 | -138.0 | -4,411.0 | -18,919.0 | 3,477.0 |
| Operating margin | 32.2% | -166.1% | -0.4% | 7.4% | -1.4% | -56.0% | -148.2% | 15.0% |
| |
| Other income (expense): | | | | | | | | |
| Interest expense | -160.0 | -331.0 | -651.0 | -633.0 | -601.0 | -296.0 | -317.0 | -89.0 |
| Gains (losses) on purchases, exchanges or extinguishments of debt | -5.0 | 65.0 | 75.0 | 263.0 | 233.0 | 236.0 | 279.0 | -197.0 |
| Other income (expense) | 36.0 | -4.0 | -32.0 | 67.0 | 6.0 | 19.0 | 8.0 | 22.0 |
| Total other income (expense) | -129.0 | -1,066.0 | -608.0 | -164.0 | -362.0 | -178.0 | -179.0 | -277.0 |
| Income (loss) before income taxes | 3,651.0 | -9,769.0 | -639.0 | 218.0 | -500.0 | -4,589.0 | -19,098.0 | |
| Income tax benefit | -1,285.0 | -19.0 | -331.0 | -10.0 | 2.0 | -190.0 | -4,463.0 | 1,144.0 |
| Net income (loss) | 4,936.0 | -9,750.0 | -308.0 | 228.0 | -502.0 | -4,399.0 | -14,635.0 | 2,056.0 |
| Net loss attributable to noncontrolling interests | | 16.0 | | -2.0 | -3.0 | 9.0 | 68.0 | -139.0 |
| Net income (loss) available to Chesapeake | 4,936.0 | -9,734.0 | -308.0 | 226.0 | -505.0 | -4,390.0 | -14,567.0 | 1,917.0 |
| Deemed dividend on warrants | -67.0 | | | | | | | |
| Preferred stock dividends | | -22.0 | -91.0 | -92.0 | -85.0 | -97.0 | -171.0 | -171.0 |
| Net income (loss) available to common stockholders, Diluted | 4,869.0 | -9,756.0 | -416.0 | 133.0 | -631.0 | -4,915.0 | -14,738.0 | 1,273.0 |
| |
| Earnings (loss) per common share: | | | | | | | | |
| Basic (in dollars per share) | $38.71 | ($998.26) | ($49.97) | $29.26 | ($0.70) | ($6.43) | ($22.26) | $1.93 |
| Diluted (in dollars per share) | $33.36 | ($998.26) | ($49.97) | $29.26 | ($0.70) | ($6.43) | ($22.26) | $1.87 |
| |
| Weighted average common shares outstanding (in thousands): | | | | | | | | |
| Basic (in shares) | 125.8 | 9.8 | 8.3 | 4.5 | 906.0 | 764.0 | 662.0 | 659.0 |
| Diluted (in shares) | 146.0 | 9.8 | 8.3 | 4.5 | 906.0 | 764.0 | 662.0 | 772.0 |
|