8-KEarnings & Results

EXPAND ENERGY Corp 8-K Report, Financial Results (Nov 2, 2004)

Filed November 2, 2004For Securities:EXEEXEELEXEEWEXEEZ

Summary

Chesapeake Energy Corporation (CHK) filed an 8-K on November 2, 2004, to report its third-quarter 2004 financial results and provide an updated 2005 outlook. The report primarily incorporates a press release dated November 1, 2004, which details the company's performance for the period ending September 30, 2004. Investors should note that the press release includes non-GAAP financial measures such as operating cash flow and EBITDA, which are reconciled to GAAP measures. The company also directs readers to its website for further outlook information, cautioning that this information is based on current data and may not be updated frequently.

Key Highlights

  • 1Chesapeake Energy (CHK) reported its Q3 2004 financial results and provided an updated 2005 outlook via an 8-K filing on November 2, 2004.
  • 2The filing incorporates a press release dated November 1, 2004, containing detailed financial information for the quarter ended September 30, 2004.
  • 3The company utilizes and reports non-GAAP financial measures, including operating cash flow and EBITDA, with reconciliations to GAAP measures provided in the press release.
  • 4An updated 2005 outlook is presented, accessible via the company's website (WWW.CHKENERGY.COM).
  • 5Chesapeake Energy explicitly states that the outlook is based on information available as of November 1, 2004, and they are not obligated to update it as conditions change.
  • 6Information within the press release is not considered "filed" for Section 18 of the Exchange Act purposes, except as explicitly stated in Item 2.02 of the 8-K.

Frequently Asked Questions

The main purpose of this 8-K filing is to report Chesapeake Energy's financial results for the third quarter of 2004 and to provide an updated outlook for 2005. It incorporates by reference a press release issued on November 1, 2004, which contains these details.

Chesapeake Energy uses and reports non-GAAP financial measures such as operating cash flow (defined as cash flow from operating activities before changes in assets and liabilities) and EBITDA. These measures are reconciled to their most directly comparable GAAP financial measure, cash from operating activities, within the press release.

The updated 2005 outlook can be found on Chesapeake Energy's website at WWW.CHKENERGY.COM. The company also notes that this outlook is based on information available as of November 1, 2004, and they do not undertake to update it.

Generally, the information in the attached press release is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into other SEC filings, except as specifically stated under Item 2.02 of this 8-K report.