Chesapeake Energy 2001 Annual Report Download - page 11

Stock Price Data
2001 High Low Last
First Quarter $11.06 $ 7.65 $ 8.85
Second Quarter 9.45 6.20 6.80
Third Quarter 6.96 4.50 5.65
Fourth Quarter 7.59 5.26 6.61
2000 High Low Last
First Quarter $ 3.31 $ 1.94 $ 3.25
Second Quarter 8.00 2.75 7.88
Third Quarter 8.25 5.31 7.19
Fourth Quarter 10.50 5.44 10.13
Stock Split History
December 1994; two-for-one
December 1995; three-for-two
June 1996; three-for-two
December 1996; two-for-one
Trustee for the Company’s
Senior Notes
The Bank of New York
5 Penn Plaza
New York, New York 10001
Internet Address
Company financial information, public dis-
closures and other information are available
at Chesapeake’s website chkenergy. com
or by contacting Thomas S. Price, Jr.,
at [phone] or [e-mail].
Common Stock
Chesapeake Energy Corporation’s common
stock is listed on the New York Stock
Exchange under the symbol CHK. As of April
10, 2002, there were approximately 50,000
beneficial owners of the common stock.
Common Stock Dividends
The payment of future cash dividends, if any,
will be reviewed periodically by the Board of
Directors and will depend upon, among
other things, the company’s financial condi-
tion, funds from operations, the level of its
capital and development expenditures, its
future business prospects and any contrac-
tual restrictions.
Corporate Headquarters
6100 North Western Avenue
Oklahoma City, Oklahoma 73118
[phone]
Independent Public Accountants
PricewaterhouseCoopers LLP
6120 S. Yale, Suite 1850
Tulsa, Oklahoma 74136
[phone]
Stock Transfer Agent and Registrar
UMB Bank, N.A.
928 Grand Blvd.
Kansas City, Missouri 64106
[phone]
Communication concerning the transfer of shares,
lost certificates, duplicate mailings or change of
address notifications should be directed to the
transfer agent.
Corporate Information
Forward-Looking Statements
This report includes “forward-looking statements” within the
meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-
looking statements give our current expectations or forecasts
of future events. They include statements regarding oil and
gas reserve estimates, planned capital expenditures, the
drilling of oil and gas wells and future acquisitions, expected
oil and gas production, cash flow and anticipated liquidity,
business strategy and other plans and objectives for future
operations, expected future expenses and utilization of net
operating loss carryforwards.
Although we believe the expectations and forecasts reflect-
ed in these and other forward-looking statements are rea-
sonable, we can give no assurance they will prove to have
been correct. They can be affected by inaccurate assump-
tions or by known or unknown risks and uncertainties. Factors
that could cause actual results to differ materially from
expected results are described in Item 1 of our 2001 10-K and
include: the volatility of oil and gas prices, our substantial
indebtedness, our commodity price risk management activi-
ties, our ability to replace reserves, the availability of capital,
uncertainties inherent in estimating quantities of oil and gas
reserves, projecting future rates of production and the timing
of development expenditures, uncertainties in evaluating oil
and gas reserves of acquired properties and associated
potential liabilities, drilling and operating risks, our ability to
generate future taxable income sufficient to utilize our net
operating losses before expiration, future ownership changes
which could result in additional limitations to our net operat-
ing losses, adverse effects of governmental and environmen-
tal regulation, losses possible from pending or future litiga-
tion, the strength and financial resources of our competitors
and the loss of officers or key employees.
We caution you not to place undue reliance on these for-
ward-looking statements, which speak only as of the date of
our 2001 10-K, and we undertake no obligation to update this
information. We urge you to carefully review and consider
the disclosures made in this and our other reports filed with
the SEC that attempt to advise interested parties of the risks
and factors that may affect our business.
Photos by Keith Rinearson