© Reuters. FILE PHOTO: Chesapeake Energy Corporation’s 50 acre campus is seen in Oklahoma City, Oklahoma, on April 17, 2012. REUTERS/Steve Sisney
(Reuters) – Chesapeake Energy Corp (NYSE:) on Tuesday reported adjusted net income of $269 million, or $2.38 per share, topping analysts expectations as the oil market recovers and prices hit multi-year highs.
The company also increased its forecasts for 2021 adjusted EBITDAX and total production, while holding its capital spending steady. The company increased its preliminary 2022 EBITDAX guidance significantly.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Be the first to comment