Chesapeake Energy (NYSE:CHK)
Historical Stock Chart
2 Months : From Jul 2019 to Sep 2019
By Michael Tobin
Chesapeake Energy Corp. (CHK) reported Tuesday that second quarter profit that revenue exceeded analysts expectations, but the company missed The Street's adjusted earnings expectations.
The Oklahoma City-based upstream oil company reported earnings of 5 cents a share, up from a loss of 30 cents a share in the prior year period. Analysts polled by FactSet estimated a loss of 6 cents a share.
On an adjusted basis, Chesapeake the company posted a loss of 10 cents a share. Analysts were expecting a loss of 6 cents a share.
Chesapeake reported second quarter revenue of $2.39 billion, up from $2.29 billion during last year's second quarter. Analysts were looking for revenue of $2.37 billion.
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(END) Dow Jones Newswires
August 06, 2019 07:38 ET (11:38 GMT)
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