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 October 31, 2013 to common shareholders of record on October 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)
Date of Original IssueSeptember 14, 2005November 8, 2005May 17, 2010May 17, 2010
Registered CUSIP165167842165167826N/AN/A
144A CUSIPN/A165167834165167776165167784
RegS CUSIPN/AN/AU16450204U16450113
Clean (no legends) CUSIPN/AN/A165167768N/A
Par Value per Share$0.01$0.01$0.01$0.01
Shares Outstanding2,558,9002,095,6151,497,0001,100,000
Liquidation Preference per Share$100$100$1,000$1,000
Record DateDecember 2, 2013November 1, 2013November 1, 2013November 1, 2013
Payment DateDecember 16, 2013November 15, 2013November 15, 2013November 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 and a Top 11 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 unconventional natural gas and oil fields onshore in the U.S.Chesapeake owns leading positions in the Eagle Ford, Utica, Granite Wash/Hogshooter, 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.

Chesapeake Energy Corporation
Jeffrey L. Mobley, CFA, 405-767-4763
Gary T. Clark, CFA, 405-935-6741
Media Contact:
Gordon Pennoyer, 405-935-3287

KEYWORDS:   United States  North America  Oklahoma


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