Chesapeake Energy Corporation (CHK) financial statements (2021 and earlier)

Company profile

Business Address 6100 N WESTERN AVE
OKLAHOMA CITY, OK 73118
State of Incorp. OK
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments279 45882825
Cash and cash equivalents279 45882825
Receivables746 1,2471,3221,0571,129
Derivative instruments and hedges, assets19 20927 366
Other current assets64 138171203160
Total current assets:1,108 1,5981,5252,1422,480
Noncurrent Assets
Property, plant and equipment5,242 9,03010,68010,60914,298
Long-term investments and receivables     136
Long-term investments     136
Derivative instruments and hedges  76  246
Other noncurrent assets234 243220277197
Total noncurrent assets:5,476 9,34910,90010,88614,877
TOTAL ASSETS:6,584 10,94712,42513,02817,357
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities349 9047917851,045
Accounts payable346 763654672944
Interest and dividends payable3 141137113101
Debt    503381
Derivative instruments and hedges, liabilities93 35856240
Other liabilities723 1,5401,4551,7982,219
Other undisclosed current liabilities1,929 38152  
Total current liabilities:3,094 2,8282,3563,6483,685
Noncurrent Liabilities
Long-term debt and lease obligation2 7,3419,9219,93810,354
Long-term debt, excluding current maturities  7,3419,9219,93810,354
Operating lease, liability2 
Liabilities, other than long-term debt188 311520645921
Asset retirement obligations139 155162247452
Other liabilities5 156354383409
Derivative instruments and hedges, liabilities44  41560
Other undisclosed noncurrent liabilities8,641     
Total noncurrent liabilities:8,831 7,65210,44110,58311,275
Total liabilities:11,925 10,48012,79714,23114,960
Stockholders' equity
Stockholders' equity attributable to parent(5,341) 344(496)(1,460)2,138
Preferred stock1,631 1,6711,6711,7713,062
Common stock  9997
Treasury stock, value  (31)(31)(27)(33)
Additional paid in capital16,937 14,37814,43714,48612,403
Accumulated other comprehensive income (loss)45 (23)(57)(96)(99)
Accumulated deficit(23,954) (15,660)(16,525)(17,603)(13,202)
Stockholders' equity attributable to noncontrolling interest  123124257259
Total stockholders' equity:(5,341) 467(372)(1,203)2,397
TOTAL LIABILITIES AND EQUITY:6,584 10,94712,42513,02817,357

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues5,296 10,2319,4967,87212,764
Revenue, net4,5743,86612,764
Cost of revenue(5,126) (8,374)(7,595)(10,950)(30,704)
Cost of goods and services sold   (5,160)(5,488)(8,176)
Gross profit:170 1,8571,901(3,078)(17,940)
Operating expenses(8,873) (975)(762)(1,333)(979)
Other operating income (expense), net(109) (10)38  
Other undisclosed operating income (loss)109 10(38)  
Operating income (loss):(8,703) 8821,139(4,411)(18,919)
Nonoperating expense(1,066) (15)(184)(178)(179)
Other nonoperating income16 709198
Interest and debt expense65 263235236304
Income (loss) from continuing operations before equity method investments, income taxes:(9,704) 1,1301,190(4,353)(18,794)
Other undisclosed loss from continuing operations before income taxes(65) (263)(235)(236)(304)
Income (loss) from continuing operations before income taxes:(9,769) 867955(4,589)(19,098)
Income tax expense (benefit)19 10(2)1904,463
Net income (loss):(9,750) 877953(4,399)(14,635)
Net income (loss) attributable to noncontrolling interest16 (4)(4)(2)(50)
Net income (loss) attributable to parent:(9,734) 873949(4,401)(14,685)
Preferred stock dividends and other adjustments(22) (92)(126)(525)(171)
Other undisclosed net loss available to common stockholders, basic  (6)(10)  
Net income (loss) available to common stockholders, diluted:(9,756) 775813(4,926)(14,856)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(9,750) 877953(4,399)(14,635)
Other comprehensive income33 3439344
Comprehensive income (loss):(9,717) 911992(4,396)(14,591)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest16 (4)(4)(2)(50)
Comprehensive income (loss), net of tax, attributable to parent:(9,701) 907988(4,398)(14,641)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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