Who owns Chesapeake Energy?
Chesapeake Energy Corporation is an American exploration and production company, which is headquartered in Oklahoma City. In 2021, the company produced 463 thousand barrels of oil equivalent (2,830,000 GJ) per day, of which 69% was natural gas, 24% was petroleum, and 7% was natural gas liquids. Who owns Chesapeake Energy? Chesapeake Energy Corp. is an…
Chesapeake Energy Corporation is an American exploration and production company, which is headquartered in Oklahoma City. In 2021, the company produced 463 thousand barrels of oil equivalent (2,830,000 GJ) per day, of which 69% was natural gas, 24% was petroleum, and 7% was natural gas liquids.
Who owns Chesapeake Energy?
Chesapeake Energy Corp. is an independent exploration and production company, which engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. It focuses on projects located in Louisiana, Ohio, Oklahoma, Pennsylvania, Texas, and Wyoming. The company was founded by Aubrey K. McClendon and Tom L. Ward on May 18, 1989, and is headquartered in Oklahoma City.
On March 2, 2016, former CEO and co-founder Aubrey McClendon died in a single-occupant single-vehicle crash when he drove his vehicle directly into a concrete bridge embankment in Oklahoma City. It occurred the day after a United States Department of Justice federal grand jury indicted McClendon for violating antitrust laws during his leadership at Chesapeake. As of 2021, Doug Lawler resigned as CEO of the company, and Mike Wichterich, Chair of the Board of Directors, was named interim CEO. Moving to 2022, Domenic “Nick” Dell’Osso has been appointed as president and CEO.
