Chesapeake Energy (ticker: CHK, exchange: New York Stock Exchange (.N))
News Release -
1-Sep-2010
Chesapeake Energy Corporation Declares Quarterly Common and Preferred
Stock DividendsOKLAHOMA CITY, Sep 01, 2010 (BUSINESS WIRE) -- Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board
of Directors has declared a $0.075 per share quarterly dividend that
will be paid on October 15, 2010 to common shareholders of record on
October 1, 2010. Chesapeake has approximately 655 million common shares
outstanding. In addition, Chesapeake's Board has declared dividends on
its outstanding convertible preferred stock issues, as stated below.
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4.50% |
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5% (2005B) |
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5.75% |
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5.75% (Series A) |
| NYSE Symbol |
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CHK Pr D
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N/A
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N/A
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N/A
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| Date of Original Issue |
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September 14, 2005
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November 8, 2005
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May 17, 2010
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May 17, 2010
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| Registered CUSIP |
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165167842
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165167826
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N/A
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N/A
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| 144A CUSIP |
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N/A
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165167834
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165167776
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165167784
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| RegS CUSIP |
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N/A
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N/A
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U16450204
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U16450113
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| Par Value per Share |
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$0.01
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$0.01
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$0.01
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$0.01
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| Shares Outstanding |
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2,558,900
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2,095,615
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1,500,000
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1,100,000
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| Liquidation Preference per Share |
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$100
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$100
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$1,000
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$1,000
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| Record Date |
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December 1, 2010
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November 1, 2010
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November 1, 2010
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November 1, 2010
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| Payment Date |
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December 15, 2010
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November 15, 2010
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November 15, 2010
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November 15, 2010
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| Amount per Share |
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$1.125
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$1.25
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$14.375
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$14.375
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Chesapeake Energy Corporation is the second-largest producer of
natural gas 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 Barnett, Fayetteville,
Haynesville, Marcellus and Bossier natural gas shale plays and in the
Eagle Ford, Granite Wash and various other unconventional oil plays.The
company has also vertically integrated its operations and owns
substantial midstream, compression, drilling and oilfield service
assets. Further information is available at www.chk.com.

SOURCE: Chesapeake Energy Corporation
Chesapeake Energy Corporation Investor Contacts: Jeffrey L. Mobley, CFA, 405-767-4763 jeff.mobley@chk.com or John J. Kilgallon, 405-935-4441 john.kilgallon@chk.com or Media Contact: Jim Gipson, 405-935-1310 jim.gipson@chk.com
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