Chesapeake Energy Corp at JPMorgan Energy, Power & Renewables Conference Transcript

Jun 22, 2022 / 01:50PM GMT
Zachary Parham - JPMorgan Chase & Co, Research Division - Research Analyst

Good morning, and welcome to our seventh Annual JPMorgan Energy Conference. I'm Zach Parham from the E&P research team. Up next, we have Chesapeake Energy and E&P focused on development of assets in the Marcellus, Haynesville and Eagle Ford. With us today, we've got Nick Dell'Osso, President and CEO, will be doing the presentation. Nick, I'll turn it over to you.

Domenic J. Dell'Osso - Chesapeake Energy Corporation - President, CEO & Director

Great. Thanks. Thanks, Zach. Thanks for the introduction. Thanks, everybody, for being here. We're pretty excited to be here today. As I'm sure most of you saw, we announced a doubling of our buyback authorization this morning from $1 billion to $2 billion. This is important for us. It's a good signal to what we've been saying for a bit, which is that we think our stock is undervalued.

And so we're certainly putting our money where our mouth is there, and we're pleased to highlight for investors, not just

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