Clean Fuel

about 13 years ago

Chesapeake Posts Strong Results (USA)

Chesapeake Energy reported financial and operational results for the 2013 second quarter. Key information related to the quarter is as follows: Adjusted net income per fully diluted share of $0.51, compared to $0.06 in the 2012 second quarter Adjusted ebitda of $1.424 billion increases 77% year over

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Chesapeake Energy reported financial and operational results for the 2013 second quarter.

Key information related to the quarter is as follows:

Doug Lawler, Chesapeake’s Chief Executive Officer , said:

“ Chesapeake reported a strong quarter operationally and financially. I am very excited and energized by what I have seen during my first six weeks with the company.

Chesapeake has an exceptionally broad and deep asset base, which offers tremendous opportunity for value creation.

A comprehensive companywide review of our capital allocation and other processes is underway and I believe these initiatives will result in substantial further improvement in both near-term and long-term capital efficiency and returns .”

[mappress]

LNG World News Staff, August 16, 2013

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