Chesapeake Energy Corporation Reports Financial and Operational Results for the 2011 Fourth Quarter and Full Year

OKLAHOMA CITY--(BUSINESS WIRE)--Chesapeake Energy Corporation (NYSE:CHK) today announced financial and operational results for the 2011 fourth quarter and full year. For the 2011 fourth quarter, Chesapeake reported net income to common stockholders of $429 million ($0.63 per fully diluted common share), ebitda of $1.375 billion (defined as net income before income taxes, interest expense, and depreciation, depletion and amortization) and operating cash flow of $1.311 billion (defined as cash flow from operating activities before changes in assets and liabilities) on revenue of $2.727 billion and production of 331 billion cubic feet of natural gas equivalent (bcfe). For the 2011 full year, Chesapeake reported net income to common stockholders of $1.570 billion ($2.32 per fully diluted common share), ebitda of $4.847 billion and operating cash flow of $5.309 billion on revenue of $11.635 billion and production of 1.194 trillion cubic feet of natural gas equivalent (tcfe).