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Encyclopedia > Chesapeake Energy
Chesapeake Energy
Type Public
Founded 1989
Headquarters Oklahoma City, Oklahoma, USA
Key people Aubrey McClendon, CEO
Industry Petroleum
Products Natural Gas
Revenue $7,325 billion USD (2006)
Employees 4,600
Website chkenergy.com

Chesapeake Energy (NYSECHK) is a producer of natural gas in the United States and is the third largest independent producer, sixth overall (including majors) and the most active driller of new wells in the US. Their primary growth is due to acquisitions and mergers. Its headquarters are located in Oklahoma City, Oklahoma. Image File history File links Metadata Size of this preview: 800 × 568 pixelsFull resolution (1454 × 1032 pixel, file size: 115 KB, MIME type: image/jpeg) Chesapeake Energy logo obtained from their website. ... A public company usually refers to a company which is permitted to offer its securities (stock, bonds, etc. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ... Nickname: Location in Oklahoma County and the state of Oklahoma. ... Aubrey Kerr McClendon is the CEO, chairman, and co-founder of Chesapeake Energy and co-owner of the Seattle Sonic & Storm basketball teams. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... Natural gas is a gaseous fossil fuel consisting primarily of methane but including significant quantities of ethane, butane, propane, carbon dioxide, nitrogen, helium and hydrogen sulfide. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links No higher resolution available. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... For the album by the Kaiser Chiefs see Employment (album) Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on a Web server, usually accessible via the Internet or a LAN. A Web page is a document, typically written in HTML, that is almost always accessible... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ... Natural gas is a gaseous fossil fuel consisting primarily of methane but including significant quantities of ethane, butane, propane, carbon dioxide, nitrogen, helium and hydrogen sulfide. ... Motto: (Out Of Many, One) (traditional) In God We Trust (1956 to date) Anthem: The Star-Spangled Banner Capital Washington D.C. Largest city New York City None at federal level (English de facto) Government Federal constitutional republic  - President George Walker Bush (R)  - Vice President Dick Cheney (R) Independence from... Nickname: Location in Oklahoma County and the state of Oklahoma. ...

Contents

History

Chesapeake was co-founded by CEO and chairman Aubrey McClendon and former COO and president Tom L. Ward. The company completed its initial public offering in early 1993 and now trades under the symbol CHK on the NYSE. A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Aubrey Kerr McClendon is the CEO, chairman, and co-founder of Chesapeake Energy and co-owner of the Seattle Sonic & Storm basketball teams. ... A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ... Most of this article is about heads of state. ... Tom L. Ward is former President, COO and co-founder of Chesapeake Energy and current chairman and CEO at SandRidge Energy. ... An initial public offering (IPO) is the first sale of a corporations common shares to investors on a public stock exchange. ... The New York Stock Exchange (NYSE), nicknamed the Big Board, is a New York City-based stock exchange. ...


As of 2005, Chesapeake has opened a new field office in Texas, seen success in its first quarter financial numbers, and has worked to acquire more property in Oklahoma City, Arkansas, and elsewhere. McClendon was also recognized by Forbes magazine as one of America's top-performing executives. This article or section does not adequately cite its references or sources. ...


Chesapeake owns oil and natural gas wells in several states, including Oklahoma,Texas, Arkansas, Louisiana, Kansas, Colorado, North Dakota and New Mexico. With the recent acquisition of the holding company of Columbia Natural Resources, LLC and certain affiliated entities (CNR), they have a leasehold in Appalachian Basin, primarily in West Virginia, eastern Kentucky, eastern Ohio and southern New York. Chesapeake is the most active driller of new wells in the United States. As of 2004, the company's proved natural gas reserves were approximately 5.9 trillion cubic feet, by year end 2005 that had increased to 7.5 trillion cubic feet and at the end of 2006 oil and gas reserves were at 9.0 trillion cubic feet. Natural olive oil Synthetic motor oil An oil is any substance that is in a viscous liquid state (oily) at ambient temperatures or slightly warmer, and is both hydrophobic (immiscible with water, literally water fearing) and lipophilic (miscible with other oils, literally fat loving). This general definition includes compound classes... Official language(s) None Capital Oklahoma City Largest city Oklahoma City Area  Ranked 20th  - Total 69,960 sq mi (181,196 km²)  - Width 230 miles (370 km)  - Length 298 miles (480 km)  - % water 1. ... Official language(s) No Official Language See languages of Texas Capital Austin Largest city Houston Area  Ranked 2nd  - Total 261,797 sq mi (678,051 km²)  - Width 773 miles (1,244 km)  - Length 790 miles (1,270 km)  - % water 2. ... Official language(s) English Capital Little Rock Largest city Little Rock Area  Ranked 29th  - Total 53,179 sq mi (137,002 km²)  - Width 239 miles (385 km)  - Length 261 miles (420 km)  - % water 2. ... Official language(s) de jure: none de facto: English & French Capital Baton Rouge Largest city New Orleans [1] Area  Ranked 31st  - Total 51,885 sq mi (134,382 km²)  - Width 130 miles (210 km)  - Length 379 miles (610 km)  - % water 16  - Latitude 29°N to 33°N  - Longitude 89°W... This article needs additional references or sources for verification. ... Official language(s) English Capital Denver Largest city Denver Area  Ranked 8th  - Total 104,185 sq mi (269,837 km²)  - Width 280 miles (451 km)  - Length 380 miles (612 km)  - % water 0. ... Official language(s) English Capital Bismarck Largest city Fargo Area  Ranked 19th  - Total 70,762 sq mi (183,272 km²)  - Width 210 miles (340 km)  - Length 340 miles (545 km)  - % water 2. ... Capital Santa Fe Largest city Albuquerque Area  Ranked 5th  - Total 121,665 sq mi (315,194 km²)  - Width 342 miles (550 km)  - Length 370 miles (595 km)  - % water 0. ... Appalachians in North Carolina The Appalachian Mountains (French: les Appalaches) are a vast system of mountains in eastern North America. ... Official language(s) English Capital Charleston Largest city Charleston Area  Ranked 41st  - Total 24,244 sq mi (62,809 km²)  - Width 130 miles (210 km)  - Length 240 miles (385 km)  - % water 0. ... Official language(s) English[1] Capital Frankfort Largest city Louisville Area  Ranked 37th  - Total 40,444 sq mi (104,749 km²)  - Width 140 miles (225 km)  - Length 379 miles (610 km)  - % water 1. ... Official language(s) None Capital Columbus Largest city Columbus Largest metro area Cleveland Area  Ranked 34th  - Total 44,825 sq mi (116,096 km²)  - Width 220 miles (355 km)  - Length 220 miles (355 km)  - % water 8. ... NY redirects here. ... One million million (1,000,000,000,000) is the natural number following 999,999,999,999 and preceding 1,000,000,000,001. ...


Chesapeake has often been mentioned by TV personality and stock analyst Jim Cramer on his show Mad Money. James J. Jim Cramer (b. ... Mad Money is an American business television program hosted by James Cramer that began airing on the CNBC cable/satellite TV channel on Monday, March 14, 2005. ...


As of March 2, 2006, Chesapeake has been added into the S&P 500, replacing Dana Corp.


Community Impact

Chesapeake Energy Corporation has long held that community involvement and enhancement are part of their founding principles. They are active in giving back in communities that they are active, whether it’s through financial support or employee participation. Projects that Chesapeake Energy Corporation has been involved in include community and public service improvements, common and higher education, public safety, health care, youth programs, historical restoration and preservation, environmental protection and restoration and more. Chesapeake has earned a reputation as one of the most philanthropic corporations in the energy industry and one of the most caring in the United States.


External links

References

Community Involvement. Retrieved on 2007-03-03. Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... March 3 is the 62nd day of the year in the Gregorian calendar (63rd in leap years). ...


Data


  Results from FactBites:
 
Chesapeake Energy - Wikipedia, the free encyclopedia (259 words)
Chesapeake Energy NYSE: CHK is the third largest producer of natural gas in the United States and is now the third largest due to recent acquisitions and mergers.
Chesapeake was co-founded by CEO and chairman Aubrey McClendon and COO and president Tom Ward.
Chesapeake has often been endorsed by TV personality and stock analyst James Cramer on his show Mad Money.
Chesapeake Energy Center (444 words)
Chesapeake Energy Center is located beside the southern branch of the Elizabeth River in the city of Chesapeake, Virginia.
Chesapeake's four coal-fired generating units and eight gas turbines can generate more than 760 megawatts of electricity - as much in one hour as 76 average homes use in a year.
The four Chesapeake units were among a dozen oil units converted by the company to burn coal - the largest coal conversion program in the nation.
  More results at FactBites »


 
 

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