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8-K - CURRENT REPORT - CHESAPEAKE ENERGY CORPchk12162013_8k.htm
Exhibit 99.1

 
 
News Release
      
FOR IMMEDIATE RELEASE
DECEMBER 16, 2013
 
CHESAPEAKE ENERGY CORPORATION DECLARES QUARTERLY
COMMON AND PREFERRED STOCK DIVIDENDS

OKLAHOMA CITY, OKLAHOMA, DECEMBER 16, 2013 – Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on January 31, 2014 to common shareholders of record on January 15, 2014.  In addition, Chesapeake’s Board has declared dividends on its outstanding convertible preferred stock issues, as stated below.

 
4.50%
5% (2005B)
5.75%
5.75% (Series A)
NYSE Symbol
CHK Pr D
N/A
N/A
N/A
Date of Original Issue
September 14, 2005
November 8, 2005
May 17, 2010
May 17, 2010
Registered CUSIP
165167842
165167826
N/A
N/A
144A CUSIP
N/A
165167834
165167776
165167784
RegS CUSIP
N/A
N/A
U16450204
U16450113
Clean (no legends)  CUSIP
N/A
N/A
165167768
165167750
Par Value per Share
$0.01
$0.01
$0.01
$0.01
Shares Outstanding
2,558,900
2,095,615
1,497,000
1,100,000
Liquidation Preference per Share
$100
$100
$1,000
$1,000
Record Date
March 3, 2014
February 3, 2014
February 3, 2014
February 3, 2014
Payment Date
March 17, 2014
February 17, 2014
February 17, 2014
February 17, 2014
Amount per Share
$1.125
$1.25
$14.375
$14.375


 
Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of natural gas and the 11th largest producer of oil and natural gas liquids in the U.S. Headquartered in Oklahoma City, the company's operations are focused on discovering and developing its large and geographically diverse resource base of unconventional natural gas and oil assets onshore in the U.S. The company also owns substantial marketing, compression and oilfield services businesses. Further information is available at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.




     
CHESAPEAKE CONTACT:
MEDIA CONTACT:
CHESAPEAKE ENERGY CORPORATION
Gary T. Clark, CFA
(405) 935-8870
ir@chk.com
Gordon Pennoyer
(405) 935-8878
media@chk.com
6100 North Western Avenue
P.O. Box 18496
Oklahoma City, OK 73154