Chesapeake Energy Corporation Declares Quarterly Common and Preferred Stock Dividends

Chesapeake Energy Corporation Declares Quarterly Common and Preferred Stock Dividends

OKLAHOMA CITY--(BUSINESS WIRE)-- Chesapeake Energy Corporation (NYS: CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on January 31, 2013 to common shareholders of record on January 15, 2013. Chesapeake has approximately 665 million common shares outstanding. 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

N/A

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 1, 2013

February 1, 2013

February 1, 2013

February 1, 2013

Payment Date

March 15, 2013

February 15, 2013

February 15, 2013

February 15, 2013

Amount per Share

$1.125

$1.25

$14.375

$14.375

Chesapeake Energy Corporation (NYSE: CHK) is the second-largest producer of natural gas, a Top 15 producer of oil and natural gas liquids and the most active driller of new wells in the U.S.Headquartered in Oklahoma City, the company's operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the U.S.Chesapeake owns leading positions in the Eagle Ford, Utica, Granite Wash, Cleveland, Tonkawa, Mississippi Lime and Niobrara unconventional liquids plays and in the Marcellus, Haynesville/Bossier and Barnett unconventional natural gas shale plays. The company also owns substantial marketing and oilfield services businesses through its subsidiaries Chesapeake Energy Marketing, Inc. and Chesapeake Oilfield Operating, L.L.C.Further information is available atwww.chk.comwhere Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.


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Chesapeake Energy Corporation
Investor Contacts:
Jeffrey L. Mobley, CFA, 405-767-4763
jeff.mobley@chk.com
or
John J. Kilgallon, 405-935-4441
john.kilgallon@chk.com
or
Media Contacts:
Michael Kehs, 405-935-2560
michael.kehs@chk.com
or
Jim Gipson, 405-935-1310
jim.gipson@chk.com

KEYWORDS: United States North America Oklahoma

INDUSTRY KEYWORDS:

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