Chesapeake declares dividends and sets date for 1Q financial results to be released

 

Oklahoma City’s Chesapeake Energy has declared a quarterly dividend and also announced it will release its financial results on May 8.

The dividends are on the company’s outstanding convertible preferred stock issues as shown 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, 2019 May 1, 2019 May 1, 2019 May 1, 2019
Payment Date June 15, 2019 May 15, 2019 May 15, 2019 May 15, 2019
Amount per Share $1.125 $1.25 $14.375 $14.375

The company plans a release of the first quarter results before the opening of markets on Wednesday, May 8.  It will release results of its transition from the Full Cost method of accounting to the Successful Efforts method of accounting.

A conference call will be held that morning at 8 o’clock central time.

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