Chesapeake Energy (Chesapeake Energy) Interest Expense : $-94 Mil (TTM As of Mar. 2024)

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What is Chesapeake Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chesapeake Energy's interest expense for the three months ended in Mar. 2024 was $ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-94 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Chesapeake Energy's Operating Income for the three months ended in Mar. 2024 was $ 53 Mil. Chesapeake Energy's Interest Expense for the three months ended in Mar. 2024 was $ -21 Mil. Chesapeake Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 2.52. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chesapeake Energy Interest Expense Historical Data

The historical data trend for Chesapeake Energy's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chesapeake Energy Interest Expense Chart

Chesapeake Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-651.00

-476.00

-163.00

-112.00

Chesapeake Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-39.00	-25.00	-25.00	-23.00	-21.00

Chesapeake Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-94 Mil.

Chesapeake Energy (OTCPK:CHKAQ) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chesapeake Energy's Interest Expense for the three months ended in Mar. 2024 was $-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was $53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2,025 Mil.

Chesapeake Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	53	/	-21
	=	2.52

The higher the ratio, the stronger the company's financial strength is.

Chesapeake Energy (Chesapeake Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chesapeake Energy Corp (OTCPK:CHKAQ) » Definitions » Interest Expense

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CHK:USA CHK1:Mexico

Address

6100 North Western Avenue, Oklahoma City, OK, USA, 73118

Website

https://www.chk.com

Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.

Executives

Robert D. Lawler	director, officer: CEO	6100 N WESTERN AVE, OKLAHOMA CITY OK 73118
Frank J. Patterson	officer: EVP-Exploration & Production	C/O CHESAPEAKE ENERGY CORPORATION, 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Luke R Corbett	director	P O BOX 321, OKLAHOMA CITY OK 73101
William M Buergler	officer: SVP & Chief Accounting Officer	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Thomas L Ryan	director	1929 ALLEN PARKWAY, HOUSTON TX 77219
R Brad Martin	director
Cg Subsidiary Holdings L.l.c.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
G.f.w. Energy Xi, L.p.	10 percent owner	2850 NORTH HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Scott Gieselman	director	REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
David W Hayes	director	125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Gloria R. Boyland	director	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Leslie Starr Keating	director	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mark A Edmunds	director	6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118
Miller Merrill A Jr	director	7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
M. Jason Pigott	officer: EVP - Operations	6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118