| Business Summary | | Chesapeake
Energy
Corporation
is
an
independent
natural
gas
producer
in
the
United
States.
Its
primary
operating
area
is
the
Mid-Continent
region
of
the
United
States,
which
includes
Oklahoma,
western
Arkansas,
southwestern
Kansas
and
the
Texas
Panhandle.
Other
core
operating
areas
include
the
Deep
Giddings
field
in
Texas,
which
includes
the
Austin
Chalk
and
Georgetown
formations,
the
Helmet
area
of
northeastern
British
Columbia
and
the
Permian
Basin
region
of
southeastern
New
Mexico.
The
Company
produced
134
bcfe
in
2000,
and
had
proved
oil
and
gas
reserves
of
1,656
bcfe
at
December
31,
2000.
The
Company
had
interests
in
approximately
6,000
producing
wells
at
December
31,
2000,
of
which
270
were
classified
as
primarily
oil
producing
wells
and
5,730
were
classified
as
primarily
gas
producing
wells.
Chesapeake
operates
approximately
4,000
of
the
total
6,000
producing
wells. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Chesapeake
Energy
Corporation
is
engaged
in
the
exploration
and
production
of
oil
and
natural
gas.
For
the
six
months
ended
6/30/01,
revenues
totaled
$553.1
million,
up
from
$249.1
million.
Net
income
applicable
to
Common
before
extraordinary
item
totaled
$155
million,
up
from
$57.8
million.
Revenues
benefitted
from
an
increase
in
average
oil
and
gas
prices
and
an
increase
in
production.
Net
income
also
reflects
decreased
S/G/A
expenses
as
a
percentage
of
revenues. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Aubrey McClendon, 41 Chairman,
CEO | $1.0M | $4.6M | Tom Ward, 41 Pres,
COO | 1.0M | -- | Marcus Rowland, 48 Exec.
VP and CFO | 449K | 622K | Thomas Winton, 54 Sr.
VP of Information Technology, CIO | -- | -- | Martha Burger, 48 Sr.
VP of HR, Treasurer | 236K | 82K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|