Chesapeake Energy CORP: insider trades · United States · SEC (Form 4)

About Chesapeake Energy CORP

Chesapeake Energy Corp. (ticker CHK) was, until its merger with Southwestern Energy completed on October 1, 2024, a U.S. exploration and production company listed on the NASDAQ in the United States. Founded in 1989 and historically headquartered in Oklahoma City, the company became one of the best-known names in the American shale industry. Its core business was the acquisition, exploration, development, and production of onshore natural gas, oil, and natural gas liquids, with a portfolio centered on major U.S. gas basins, especially the Haynesville and the Marcellus. Chesapeake’s public disclosures consistently emphasized its position as a leading domestic natural gas producer, its focus on high-return resource plays, and a capital allocation approach designed to maximize cash returns while preserving a relatively disciplined balance sheet. In practical terms, the company’s earnings profile was highly leveraged to U.S. natural gas fundamentals, commodity pricing, and basin economics, making the stock a classic energy-sector vehicle for investors seeking exposure to U.S. gas supply, LNG-linked demand growth, and operating leverage. Chesapeake also positioned itself as a “lower carbon energy” producer, highlighting methane-intensity reductions, routine flaring reduction efforts, and third-party responsible-gas certifications across its operated gas assets. On the commercial side, Chesapeake’s key products were natural gas, oil, and NGLs, but the company increasingly highlighted LNG export optionality as an important strategic outlet for its gas portfolio. A notable 2024 development was the long-term LNG liquefaction offtake agreement signed with Delfin LNG and Gunvor, which underscored management’s intent to connect the company’s resource base to global LNG pricing. Another relevant milestone was the June 2024 publication of Chesapeake’s 2023 Sustainability Report, which pointed to progress on emissions, safety performance, and ESG disclosure. For French, Belgian, and Swiss investors, Chesapeake was therefore best understood as a focused upstream energy producer rather than a diversified energy conglomerate. Since the merger, the economic activity has continued under Expand Energy, which is the key post-transaction reference point.