Chesapeake Energy 1996 Annual Report Download - page 68

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Corporate Information Common Stock
Chesapeake Energy Corporation's
common stock is listed on the New
York Stock Exchange under the sym-
bol CHK. As of September 30, 1996,
there were approximately 7,815 ben-
eficial owners of common stock.
Dividends
The company's policy is to retain
earnings to support the growth of the
company. Chesapeake's Board of Di-
rectors has not authorized the pay-
ment of cash dividends on its com-
mon stock.
Form 10-K
Stockholders may obtain a copy
of Chesapeake Energy Corporation's
Form 10-K as filed with the Securi-
ties and Exchange Commission by
contacting Thomas S. Price, Jr. at the
address of the corporate office above
or by calling (405) 848-8000, exten-
sion 257.
Corporate
Headquarters
6100 North Western Avenue
Oklahoma City,
Oklahoma 73118
(405) 848-8000
Independent Public
Accountants
Coopers & Lybrand L.L.P.
15 North Robinson, Suite 400
Oklahoma City,
Oklahoma 73102
(405) 272-9251
StockTransferAgent
and Registrar
Liberty Bank and Trust
Company of Oklahoma City
100 North Broadway Avenue
Oklahoma City,
Oklahoma 73102
(405) 231-6764
Communication concerning the
transfer of shares, lost certificates,
duplicate mailings or change of ad-
dress notifications should be directed
to the transfer agent.
Forward Looking Statements
The information contained in this annual report includes certain forward-
looking statements. When used in this document, the words "potential", "bud-
geted", "anticipate", "expect", "believes", "goals", "projects", and similar expres-
sions are intended to identify forward-looking statements. It is important to
note that Chesapeake's actual results could differ materially from those pro-
jected by such forward-looking statements. Important factors that could cause
actual results to differ materially from those projected in the forward-looking
statements include, but are not limited to, the following: production variances
from expectations, volatility of oil and gas prices, the need to develop and re-
place its reserves, the substantial capital expenditures required to fund its opera-
tions, environmental risks, drilling and operating risks, risks related to explora-
tion and development drilling outcomes, uncertainties about estimates of re-
serves, competition, government regulation, and the ability of the company to
implement its business strategy.
Stock Data High Low Last
Fiscal 1994 (in $)
First Quarter 2.61 1.42 1.42
Second Quarter 1.72 1.03 1.06
Third Quarter 1.50 1.06 1.39
Fourth Quarter 2.00 1.11 1.72
Fiscal 1995
First Quarter 4.78 1.72 4.72
Second Quartet 7.33 4.27 7.00
Third Quarter 9.67 4.44 9.44
Fourth Quarter 13.17 9.33 11.44
Fiscal 1996
First Quarter 14.44 9.06 14.06
Second Quarter 22.17 12.55 22.17
Third Quarter 33.00 21.58 30.83
Fourth Quarter 59.92 32.08 59.92
Fiscal 1997
First Quarter 70.25 41.00 62.63