CHESAPEAKE ENERGY CORPORATION CHK Income Statement

Chesapeake energy corporation (CHK)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
REVENUES AND OTHER:
Oilfield services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	546	790	1,039	970	895	812	715	662	607	591	592	555	521	443	349	285	240	224	214	200	190	184	175	0	0	0
Revenues
8,940	8,595	9,462	9,799	9,702	10,030	10,299	9,818	9,810	10,039	8,998	9,331	8,672	7,872	8,500	9,600	11,499	12,764	17,339	19,666	21,297	23,125	22,015	21,179	20,702	19,080	16,504	14,607	13,321	12,316	11,506	12,513	12,442	11,635	10,882	9,486	8,180	9,366	9,614	8,844	8,505	7,702	12,970	10,704	0	0	0
Gains on sales of assets
24	43	-258	-281	-264	-264	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OPERATING EXPENSES:
Severance and ad valorem taxes
227	224	224	223	209	189	161	148	143	134	84	80	78	74	66	74	89	99	135	172	210	232	239	239	226	229	221	212	194	188	192	189	194	192	179	163	154	157	154	145	132	107	159	222	0	0	0
Oilfield services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	431	625	836	801	736	687	592	524	465	436	438	421	402	341	275	236	208	201	198	191	182	172	155	0	0	0
General and administrative
277	315	320	335	351	335	417	390	355	333	257	266	257	240	233	219	227	235	267	278	299	322	350	410	426	457	435	460	509	535	573	579	554	548	524	498	474	453	430	400	368	349	367	373	0	0	0
Restructuring and other termination costs
17	12	0	0	0	38	38	38	38	0	0	3	0	-	0	0	-	36	34	-33	4	7	57	134	108	248	206	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for legal contingencies, net
20	19	12	20	21	26	37	46	0	-	0	0	-	-	-	-	-	-	493	593	259	234	100	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion and amortization
2,348	2,264	2,074	1,906	1,797	1,737	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments of fixed assets and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee retirement and other termination benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil, natural gas and NGL depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	839	862	937	-	1,117	1,354	1,678	2,099	2,479	2,679	2,739	2,683	2,621	2,585	2,569	2,589	2,596	2,706	2,649	2,507	2,341	2,002	1,780	1,632	1,515	1,470	1,444	1,394	1,360	1,277	1,232	1,371	1,517	1,745	0	0	0
Depreciation and amortization of other assets
-	-	-	-	-	-	-	-	-	-	83	88	96	-	113	119	124	130	138	144	189	232	275	317	314	314	304	291	298	304	318	327	307	291	267	248	238	220	226	232	237	244	225	203	0	0	0
Impairment of oil and natural gas properties
0	-	-	-	0	-	-	-	-	-	-	-	-	-	5,395	10,314	14,259	18,238	15,407	9,991	4,976	0	0	0	0	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairments
-	-	20	69	-	131	542	487	433	814	2,624	3,372	3,378	3,025	822	150	228	194	180	116	72	88	278	348	539	546	381	539	0	-	0	0	-	-	-	-	-	-	0	-	-	-	-	0	0	0	0
Other operating expense
-114	-92	-80	-65	-61	0	-385	-391	-418	-416	-283	-285	-330	-365	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gains) losses on sales of fixed assets
-	-	-	-	-	-	-	-	-	-	7	6	8	-	4	5	3	-4	-6	79	173	199	214	260	276	302	562	423	314	267	438	442	434	437	-23	0	0	-	0	-	-	-	-	-	-	0	-
(Gains) losses on sales of other property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0
Total Operating Expenses
17,016	8,626	8,902	9,203	9,544	9,648	11,207	10,714	10,147	10,177	8,559	10,220	11,743	12,283	15,535	20,854	26,477	31,683	32,379	28,079	23,593	19,648	19,249	19,151	18,117	17,011	13,928	15,661	14,804	14,010	13,219	9,549	9,231	8,714	8,369	7,639	6,871	6,561	7,851	7,501	7,185	16,647	15,724	16,388	0	0	0
LOSS FROM OPERATIONS
-8,076	-31	560	596	158	382	-908	-896	-337	-138	439	-889	-3,071	-4,411	-7,035	-11,254	-14,978	-18,919	-15,040	-8,413	-2,296	3,477	2,766	2,028	2,585	2,069	2,576	-1,054	-1,483	-1,694	-1,713	2,964	3,211	2,921	2,513	1,847	1,309	2,805	1,763	1,343	1,320	-8,945	-2,754	-5,684	0	0	0
OTHER INCOME (EXPENSE):
Interest Income (Expense), Nonoperating, Net
635	651	664	652	632	633	1,195	916	668	601	-13	174	329	296	304	319	328	317	216	145	101	89	145	168	245	227	180	176	86	77	70	38	49	44	43	42	1	19	90	130	124	113	69	80	0	0	0
Losses on investments
-93	-71	-28	-24	-1	139	139	139	139	0	-1	-3	0	-	0	0	-	-96	-60	-54	-61	-75	-252	-247	-200	-216	-52	-53	-135	-103	-31	20	126	156	251	0	0	-	0	-	-	-	-	-	-	-	-
Loss on sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	-10	-10	0	0	0	0	67	67	70	60	-7	24	1,051	0	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Impairments of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	0	-	-	162	162	163	0	0	0
Earnings from equity investees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-
Gains on purchases or exchanges of debt
0	-	0	-	0	-	0	-	-	233	164	252	129	236	534	447	379	279	0	-195	0	-	0	0	-	-	0	0	-	-	0	0	-	-176	-175	-234	-129	-129	-147	-90	0	-	0	0	-	0	0
Other income
36	39	35	38	77	67	62	60	2	6	12	15	19	19	18	9	5	8	13	14	22	22	19	30	26	26	25	6	8	8	17	30	27	23	12	25	16	16	47	0	5	11	-36	-7	0	0	0
Total Other Expense
-554	-608	-256	-375	-293	-164	-598	-482	-287	-362	-349	-218	-308	-178	143	0	-96	-179	-270	-192	-342	-277	-639	-643	-562	-627	-453	-441	679	720	977	1,042	-70	-41	-70	-8	109	79	-41	-221	-224	-343	-334	-299	0	0	0
LOSS BEFORE INCOME TAXES
-8,630	-639	304	221	-135	218	-1,506	-1,378	-624	-500	90	-1,107	-3,379	-4,589	-6,892	-11,254	-15,074	-19,098	-15,310	-8,605	-2,638	3,200	2,127	1,385	2,023	1,442	2,123	-1,495	-804	-974	-736	4,006	3,141	2,880	2,443	1,839	1,418	2,884	1,722	1,122	1,096	-9,288	-3,088	-5,983	0	0	0
Current income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-36	31	33	44	47	22	27	24	22	33	48	48	47	26	3	7	13	10	16	0	-	0	0	-	4	194	197	0	0	0
Deferred Income Tax Expense (Benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,427	-3,560	-2,188	-552	1,097	790	495	741	526	780	-642	-363	-427	-312	1,560	1,218	1,110	943	703	538	1,110	664	429	419	-3,487	-1,299	-2,413	0	0	0
Income tax benefit
-30	-331	-317	-315	-324	-10	-8	-9	1	2	-188	-188	-189	-190	-648	-1,585	-3,091	-4,463	-3,529	-2,155	-508	1,144	812	522	765	548	813	-594	-315	-380	-286	1,563	1,225	1,123	950	710	544	1,110	671	437	423	-3,483	-1,105	-2,216	0	0	0
NET LOSS
-8,600	-308	621	536	189	228	-1,498	-1,369	-625	-502	278	-919	-3,190	-4,399	-6,244	-9,669	-11,983	-14,635	-11,781	-6,450	-2,130	2,056	1,315	863	1,258	894	1,310	-901	-489	-594	-450	2,443	1,916	1,757	1,493	1,129	874	1,774	1,051	685	673	-5,805	-1,983	0	0	0	-
Net loss attributable to noncontrolling interests
-16	0	1	1	1	2	1	2	3	3	-7	-7	-8	-9	-117	-105	-87	-68	79	96	117	139	153	161	167	170	171	174	194	175	131	0	0	-	0	-	-	-	-	-	-	25	0	0	0	0	-
NET LOSS ATTRIBUTABLE TO CHESAPEAKE
-8,584	-308	620	535	188	226	-1,499	-1,371	-628	-505	285	-912	-3,182	-4,390	-6,127	-9,564	-11,896	-14,567	-11,860	-6,546	-2,247	1,917	1,162	702	1,091	724	1,139	-1,075	-683	-769	-596	2,338	1,876	1,742	0	0	0	-	-	-	-	-5,830	-1,983	-3,767	0	0	0
Preferred stock dividends
90	91	92	92	92	92	92	92	85	85	32	51	77	97	169	170	171	171	171	171	171	171	171	171	171	171	171	171	171	171	172	172	172	172	171	171	148	111	74	37	23	23	24	27	0	0	0
Preferred Stock Conversions, Inducements
-	-	0	-	-	-	0	-	-	41	469	469	469	428	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Repurchase of preferred shares of CHK Utica
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings allocated to participating securities
-	-	-	-	-	-	-	-	-	0	9	9	1	0	0	0	0	-	-	-	-	26	10	10	18	10	14	11	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS
-8,691	-416	510	442	95	133	-1,582	-1,454	-712	-631	-225	-1,441	-3,729	-4,915	-6,296	-9,734	-12,067	-14,738	-12,043	-7,179	-2,883	1,273	534	521	833	474	885	-1,326	-854	-940	-768	2,166	1,704	1,570	1,322	958	726	1,663	952	623	625	-5,853	-2,032	-3,861	0	0	0
LOSS PER COMMON SHARE:
Basic (in dollars per share)
-852.97	6.13	-0.06	0.05	-6.37	0.65	-0.19	-0.30	-0.01	-1.25	-0.05	0.52	0.08	-0.64	-1.62	-2.51	-1.66	-3.19	-7.08	-6.27	-5.72	0.88	0.26	0.22	0.57	-0.23	0.24	0.70	0.02	0.39	-3.19	1.45	-0.11	0.67	1.38	0.74	-0.32	0.28	0.81	0.37	1.17	-0.63	0.30	0.39	-9.63	5.94	-3.16
Diluted (in dollars per share)
-852.97	6.13	-0.06	0.05	-6.37	0.65	-0.19	-0.30	-0.01	-1.20	-0.05	0.47	0.08	-0.64	-1.62	-2.51	-1.66	-3.19	-7.08	-6.27	-5.72	0.85	0.26	0.22	0.54	-0.19	0.24	0.66	0.02	0.55	-3.19	1.29	-0.11	0.73	1.23	0.68	-0.32	0.25	0.75	0.37	1.14	-0.63	0.30	0.39	-9.63	5.62	-3.16
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.08	0.08	0.08	0.08	0.08	0.17	0.08	0.08	0.00	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07	0.07
WEIGHTED AVERAGE COMMON AND COMMON EQUIVALENT SHARES OUTSTANDING
Basic (in shares)
9	3,327	1,698	1,628	6	910	910	909	907	901	909	908	906	887	777	724	668	662	663	662	661	659	660	659	658	652	656	653	651	644	644	642	642	641	638	635	634	631	632	631	630	629	619	603	597	554	521
Diluted (in shares)
9	3,327	1,698	1,628	6	910	910	909	907	694	909	1,114	907	887	777	724	668	662	663	662	661	1,004	660	659	765	545	656	760	651	535	644	751	642	870	753	751	634	798	744	635	647	615	626	610	597	588	521
Oil, natural gas and NGL
Revenues
5,394	4,522	5,284	5,313	4,841	5,155	4,682	4,462	4,759	4,985	4,405	4,603	3,764	3,288	3,879	4,065	4,841	5,391	8,665	9,643	10,131	10,354	8,992	8,237	8,939	8,626	7,101	6,952	6,663	6,278	5,958	6,923	6,598	6,024	5,637	4,874	4,243	5,647	6,066	5,614	5,550	5,049	10,089	7,308	0	0	0
Marketing
Revenues
3,458	3,967	4,376	4,706	5,063	5,076	4,999	4,744	4,473	4,511	4,593	4,728	4,908	4,584	4,621	5,535	6,658	7,373	8,674	10,023	10,885	12,225	12,233	11,903	10,793	9,559	8,591	6,940	5,996	5,431	4,957	4,998	5,289	5,090	4,802	4,263	3,652	3,479	3,324	3,016	2,755	2,463	2,697	3,221	0	0	0
Expense
3,519	4,003	4,431	4,768	5,120	5,158	5,063	4,803	4,538	4,598	4,701	4,984	5,164	4,778	4,789	5,483	6,372	7,130	8,472	9,886	10,956	12,236	12,194	11,834	10,696	9,461	8,462	6,792	5,860	5,312	4,856	4,909	5,179	4,967	4,666	4,125	3,522	3,352	3,176	2,871	2,608	2,316	2,583	3,112	0	0	0
Oil, natural gas and NGL and Marketing
Revenues
8,852	8,489	9,660	10,019	9,904	10,231	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Revenues
64	63	60	61	62	63	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil, natural gas and NGL production
Expense
527	520	493	470	442	474	508	527	529	517	584	597	639	710	772	859	953	1,046	1,166	1,213	1,219	1,208	1,150	1,134	1,140	1,159	1,177	1,215	1,262	1,304	1,295	1,257	1,184	1,073	1,024	973	924	893	858	845	845	876	908	909	0	0	0
Oil, natural gas and NGL gathering, processing and transportation
Expense
1,093	1,082	1,153	1,247	1,316	1,398	1,450	1,455	1,472	1,471	1,500	1,604	1,728	1,855	2,126	2,136	2,143	2,119	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration
Expense
342	84	95	100	105	162	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-