— Chesapeake Energy Corporation (NYSE: CHK) reported a loss of $0.04 per share in the fourth quarter of 2019, vs $0.06 per share loss expected.
— Q4 revenue fell 31% to $1.9 billion, vs. $2.1 billion expected.
— Oil production grew approximately 45% YoY in Q4 amidst decline in average prices for its oil, natural gas and NGL production.
— For 2020, the company sees Capex budget cut of about 30%. Chesapeake also plans to maintain flat oil production, while decreasing gas production.
— CHK shares rose 4.7% immediately following the announcement.
Southwest Airlines Co. (NYSE: LUV) today reported its first quarter financial results for the period ended March 31, 2021. First quarter GAAP net income was $116 million, or $0.19 per
Aviation company American Airlines Group Inc. (NASDAQ: AAL) reported its first-quarter 2021 earnings before regular market hours. The operating revenue for the first quarter of 2021 was down by 39% at
Biogen Inc. (NASDAQ: BIIB) reported first quarter 2021 earnings results today. Total revenues decreased 24% year-over-year to $2.6 billion. On a constant currency basis, revenues fell 25%. Net income attributable