CHESAPEAKE ENERGY
Corporate Fact Sheet
Chesapeake discovers and develops onshore unconventional oil, natural gas and natural gas liquids and has
grown to become the second-largest producer of natural gas and the 13th largest producer of oil and natural gas
liquids in the U.S.
Our focus on financial discipline and profitable and efficient growth from captured resources includes balancing
capital expenditures with cash flow from operations, reducing operational risk and complexity, promoting a culture
of safety and integrity, and being a great business. With leading positions in top U.S. oil and natural gas plays
from South Texas to Pennsylvania, we continue to unlock value in each of our operating areas.
COMPANY OVERVIEW
EMPLOYEES:
PRODUCTION:
REVENUE:
TOTAL ASSETS:
PROVED RESERVES:
4,400
248
$12.7
$17.3
1.50
as of January 1, 2016
as of December 31, 2015
as of December 31, 2015
as of December 31, 2015
as of December 31, 2015
mmboe
billion
billion
bboe
OPERATIONS MAY
Powder River Basin
Marcellus Shale
Utica Shale
Mid-Continent
Oklahoma City Headquarters
Eagle Ford Shale
Barnett Shale
Haynesville Shale
In 2015 we continued executing
on our strategy to optimize base
production, employ leading-edge
technology to drive capital
efficiency, improve margins and
maximize our liquidity. Fueled by
the strength of our people and
high-quality assets, we are committed to building lasting value.
MAY 2016 | 1
CORE VALUES
BUSINESS STRATEGIES
At Chesapeake our core values serve as the foundation for all of our activities and provide the lens
through which we evaluate every decision we make.
We believe that by living our core values we are building a stronger, more prosperous Chesapeake for all
of our stakeholders. Our core values are:
Integrity and trust
Financial discipline
» Balance capital expenditures with cash flow from operations
» Implement competitive capital allocation process to ensure
highest quality projects are funded
» Divest noncore assets and affiliates
» Reduce financial and operational risk and complexity
» Achieve investment grade metrics
» Be truthful and ethical
» A
cknowledge errors and hold ourselves
accountable
Profitable and efficient growth from captured resources
» Do what we say we will do
Respect
» Target top-quartile operating and financial metrics
» Value the opinions of our stakeholders
» Develop our world-class inventory
» Aggressively benchmark and post appraise our performance
» Drive value leakage out of our operations
» Promote diversity of thoughts and ideas
Exploration
»
Protect our employees, stakeholders and
the environment
Transparency and open communication
» Leverage innovative technology and expertise
» Be clear in our business strategies
» Share best practices
Commercial focus
» Explore and exploit domestic resources
» Pursue international growth opportunities
Business development
» Target strategic acquisitions
» Enhance and expand the portfolio
» Be investment advisors
» B
e stewards of corporate resources and
the environment
»
Take prudent risks, employing innovative
ideas and technology
Change leadership
» Elevate innovative solutions
» P
ursue continuous development and
improvement
» Seek to deliver more than what is expected
Chesapeake Energy Corporation
6100 North Western Avenue
Oklahoma City, Oklahoma 73118
405-848-8000
chk.com
NYSE: CHK
MAY 2016 | 2