Chesapeake Energy Corporation announced that it will release its 2021 second quarter operational and financial results after market close on Tuesday, August 10, 2021.
A conference call to discuss the results has been scheduled on Wednesday, August 11, 2021 at 9:00 am EDT.
Following Chesapeake’s emergence from Chapter 11 restructuring proceedings, the company generated $409 million of operating cash flow and ended the quarter with $340 million of unrestricted cash on hand. As of April 30, 2021, Chesapeake had approximately $500 million of unrestricted cash on hand.
The company’s first quarter results revealed in May showed $295 million or $2.75 per diluted share in net income. The company’s board of directors also declared an annual dividend on its common shares of $1.375 per share.