Chesapeake gives 2014 guidance on production and capex

Chesapeake Energy’s 2014 guidance: Important takeaways (Part 1 of 7)

Guidance

On February 6, Chesapeake announced major guidance for its 2014 fiscal year. Major points that the company spoke about were its planned production growth, how much it planned to spend on capital expenditures such as drilling new wells, and where it planned to concentrate its activity.

The company held a call to discuss its guidance with Wall Street analysts. Plus, CHK also gave an update on its production rates as of December 2013. We’ll discuss and explain the major points of Chesapeake’s guidance in this series.

Continue to Part 2

Browse this series on Market Realist:

• Part 2 - Why Chesapeake expects to spend less but produce more in 2014

• Part 3 - A funding gap: Chesapeake Energy’s $1 billion cash flow deficit

• Part 4 - Where will Chesapeake concentrate its drilling activity?