Apr 20, 2018   SOURCE: PR NewsWire

Chesapeake Energy Corporation Declares Quarterly Preferred Stock Dividends And Provides 2018 First Quarter Earnings Conference Call Information

Chesapeake Energy Corporation Declares Quarterly Preferred Stock Dividends And Provides 2018 First Quarter Earnings Conference Call Information

OKLAHOMA CITY, April 20, 2018 /PRNewswire/ -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared dividends on its outstanding convertible preferred stock issues, as stated below.

                                          4.50%               5%         5.75%   5.75% (Series A)
                                           ----               ---           ----     ---------------

    NYSE Symbol                        CHK Pr D              N/A           N/A                N/A
    -----------                        --------              ---           ---                ---

    Date of Original Issue   September 14, 2005 November 8, 2005  May 17, 2010       May 17, 2010
    ----------------------   ------------------ ----------------  ------------       ------------

    Registered CUSIP                  165167842         165167826      165167768           165167750
    ----------------                  ---------         ---------      ---------           ---------

    144A CUSIP                              N/A        165167834      165167776           165167784
    ----------                              ---        ---------      ---------           ---------

    RegS CUSIP                              N/A              N/A     U16450204          U16450113
    ----------                              ---              ---     ---------          ---------

    Clean (no legends) CUSIP                N/A              N/A     165167768           165167750
    ------------------------                ---              ---     ---------           ---------

    Par Value per Share                   $0.01             $0.01          $0.01               $0.01
    -------------------                   -----             -----          -----               -----

    Shares Outstanding                2,558,900         1,810,667        770,528             463,363
    ------------------                ---------         ---------        -------             -------

    Liquidation Preference
     per Share                             $100              $100         $1,000              $1,000
    ----------------------                 ----              ----         ------              ------

    Record Date                    June 1, 2018      May 1, 2018   May 1, 2018        May 1, 2018
    -----------                    ------------      -----------   -----------        -----------

    Payment Date                  June 15, 2018     May 15, 2018  May 15, 2018       May 15, 2018
    ------------                  -------------     ------------  ------------       ------------

    Amount per Share                     $1.125             $1.25        $14.375             $14.375
    ----------------                     ------             -----        -------             -------

Chesapeake will release its 2018 first quarter operational and financial results before market open on Wednesday, May 2, 2018. A conference call to discuss the results has been scheduled for the same day at 9:00 am EDT. The telephone number to access the conference call is 323-794-2093 or toll-free 866-548-4713. The passcode for the call is 2838919. The number to access the conference call replay is 719-457-0820 or toll-free 888-203-1112 and the passcode for the replay is 2838919. The conference call will be webcast and can be found at www.chk.com in the "Investors" section of the company's website. The webcast of the conference will be available on the website for one year.

Headquartered in Oklahoma City, Chesapeake Energy Corporation's (NYSE: CHK) operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States. The company also owns oil and natural gas marketing and natural gas compression businesses.


    INVESTOR CONTACT:   MEDIA CONTACT:  CHESAPEAKE ENERGY CORPORATION

    Brad Sylvester, CFA Gordon Pennoyer 6100 North Western Avenue

    (405) 935-8870      (405) 935-8878  P.O. Box 18496

    ir@chk.com          media@chk.com   Oklahoma City, OK 73154

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SOURCE Chesapeake Energy Corporation