EX-99.3 5 chk12172012_993.htm PRESS RELEASE (12/17/2012) - QUARTERLY DIVIDENDS chk12172012_993.htm
Exhibit 99.3
 


News Release
 
FOR IMMEDIATE RELEASE
  
DECEMBER 17, 2012
  
 
 
 
CHESAPEAKE ENERGY CORPORATION DECLARES QUARTERLY
COMMON AND PREFERRED STOCK DIVIDENDS

OKLAHOMA CITY, OKLAHOMA, DECEMBER 17, 2012 – Chesapeake Energy Corporation (NYSE: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 at www.chk.com where Chesapeake routinely posts announcements, updates, events, investor information, presentations and news releases.
 
 
 

 
INVESTOR CONTACTS:
  
MEDIA CONTACTS: 
  
CHESAPEAKE ENERGY CORPORATION
Jeffrey L. Mobley, CFA
  
John J. Kilgallon
  
Michael Kehs
  
Jim Gipson
  
 6100 North Western Avenue
(405) 767-4763
  
(405) 935-4441
  
(405) 935-2560
  
(405) 935-1310
  
 P.O. Box 18496
jeff.mobley@chk.com
  
john.kilgallon@chk.com
  
michael.kehs@chk.com
  
jim.gipson@chk.com
  
 Oklahoma City, OK 73154