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Chesapeake Energy Corporation Consolidates Haynesville With At- Market Acquisition Of Vine Energy Inc

Chesapeake Energy Corporation Announces New Collaboration With MiQ And Equitable Origin To Provide Independent Certification Of Its Natural Gas Production In Two Major U S Shale Basins

Chesapeake Energy Corporation Announces New Collaboration With MiQ And Equitable Origin To Provide Independent Certification Of Its Natural Gas Production In Two Major U S Shale Basins
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Chesapeake Energy Corporation Reports 2021 First Quarter Results, Initiates Common Stock Dividend And Announces Updated Guidance

Chesapeake Energy Corporation Reports 2021 First Quarter Results, Initiates Common Stock Dividend And Announces Updated Guidance News provided by Share this article Share this article OKLAHOMA CITY, May 11, 2021 /PRNewswire/  Chesapeake Energy Corporation (NASDAQ: CHK) today reported 2021 first quarter results, launched a cash dividend program based on strong operating cash flow performance and announced its updated 2021 guidance. Highlights include: Successor net income totaled $295 million, or $2.75 per diluted share Generated adjusted EBITDAX (a non-GAAP measure) of $510 million for the combined 2021 Successor and Predecessor Periods (January 1, 2021 - March 31, 2021) March 31, 2021 unrestricted cash balance of $340 million; reducing March 31, 2021 net debt (a non-GAAP measure) to adjusted 2021E EBITDAX ratio to 0.6x

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