— Chesapeake Energy Corporation (NASDAQ: CHK) reported an adjusted loss of of $0.11 per share for the third quarter of 2019, vs. $0.1 per share loss expected.
— Net loss available to common stockholders, on a reported basis, was $101 million or $0.06 per share, compared to a loss of $169 million or $0.19 per share a year earlier
— Total revenues decreased to $2.09 billion from $2.42 billion last year, vs. $3.01 billion expected
— Average daily production was 478,000 boe, on an adjusted basis, up 3% from last year
— Operating margin remained flat in the third quarter compared to the same period of last year
— Expects fourth-quarter oil production to increase approximately 10% sequentially
— Expects full-year 2020 capital expenditures in the range of $1.3 billion to $1.6 billion
— Anticipates 2020 production and general & administrative expenses to decline by 10%
Most Popular
MU Earnings: Micron Q2 profit jumps on higher revenues, tops expectations
Semiconductor company Micron Technology Inc. (NASDAQ: MU) Thursday reported a sharp increase in revenues and earnings for the second quarter of 2025. Earnings also surpassed Wall Street's forecasts. The Idaho-headquartered
Darden Restaurants sees growth in FY25 and beyond amid menu, tech Innovations
Darden Restaurants, Inc. (NYSE: DRI) has successfully navigated the challenging market environment by constantly innovating its menu offerings and fostering customer loyalty. In the third quarter, sales and profit margin
What to look for when McCormick & Company (MKC) reports Q1 2025 earnings
Shares of McCormick & Company, Incorporated (NYSE: MKC) were down 1% on Thursday. The stock has gained 5% year-to-date. The spice giant is slated to report its first quarter 2025 earnings results
