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Chesapeake Energy Corporation Declares Quarterly Common and Preferred Stock Dividends

12/18/2009 10:04 AM

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OKLAHOMA CITY, Dec 18, 2009 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of Directors has declared a $0.075 per share quarterly dividend that will be paid on January 15, 2010 to common shareholders of record on January 4, 2010. Chesapeake has approximately 648 million common shares outstanding. In addition, Chesapeake’s Board has declared dividends on its outstanding convertible preferred stock issues, as stated below.

5% (2005) 4.50% 5% (2005B)
NYSE Symbol N/A CHK Pr D N/A
Date of Issue April 19, 2005 September 14, 2005 November 8, 2005
Registered CUSIP 165167859 165167842 165167826
144A CUSIP 165167867 N/A 165167834
Par Value per Share $0.01 $0.01 $0.01
Shares Outstanding 5,000 2,558,900 2,095,615
Liquidation Preference per Share $100 $100 $100
Record Date January 4, 2010 March 1, 2010 February 1, 2010
Payment Date January 15, 2010 March 15, 2010 February 16, 2010
Amount per Share $1.25 $1.125 $1.25

Chesapeake Energy Corporation is one of the leading producers of natural gas in the U.S. Headquartered in Oklahoma City, the company’s operations are focused on the development of onshore unconventional and conventional natural gas in the U.S. in the Barnett Shale, Haynesville Shale, Fayetteville Shale, Marcellus Shale, Anadarko Basin, Arkoma Basin, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and East Texas regions of the United States. Further information is available at www.chk.com.

 

SOURCE: Chesapeake Energy Corporation

Chesapeake Energy Corporation
Investor Contact:
Jeffrey L. Mobley, CFA, 405-767-4763
Senior Vice President - Investor Relations and Research
jeff.mobley@chk.com
or
Media Contact:
Jim Gipson, 405-935-1310
Director - Media Relations
jim.gipson@chk.com​​​

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