Chesapeake Energy 1999 Annual Report Download - page 86

Corporate Information
December 1994; two-for-one
December 1995; three-for-two
June 1996; three-for-two
December 1996; two-for-one
Trustees for the Company's
Senior Notes
United States Trust Company
of New York
114 West 47th Street
New York, New York 10036
Internet Address
Company financial information,
public disclosures and other informa-
tion are available at Chesapeake's
website www.chkenergy.com or by
contacting Thomas S. Price, Jr.,
at [phone] or
[email protected].
Common Stock
Chesapeake Energy Corporation's
common stock is listed on the New
York Stock Exchange under the symbol
CHK. As of March 17, 2000, there
were approximately 22,500 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 arid will
depend upon, among other things, the
company's financial condition, funds
from operations, the level of its capital
and development expenditures, its
future business prospects and any
contractual restrictions.
Corporate Headquarters
6100 North Western Avenue
Oklahoma City,
Oklahoma 73118
[phone]
Independent Public Accountants
PricewaterhouseCoopers LLP
15 North Robinson, Suite 400
Oklahoma City, Oklahoma 73102
[phone]
Stock Transfer Agent and Registrar
UMB Bank, N.A.
928 Grand Blvd.
Kansas City, Missouri 64106
[phone]
communication concerning the transfer ofshares, lost certificates,
duplicate mailings or change ofaddress notifications should be directed
to the transfer agent.
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. All statements other than statements of historical facts
included in this report, including, without limitation, statements regarding oil
and gas reserve estimates, planned capital expenditures, expected oil and
gas production, our financial position, business strategy and other plans and
objectives for future operations, expected future expenses, and realization of
deferred tax assets, are forward-looking statements. Although we believe the
expectations reflected in such forward-looking statements are reasonable,
we can give you no assurance that such expectations will prove to have been
correct. Factors that could cause actual results to differ materially from those
expected by Chesapeake, including, without limitation, factors discussed
under Risk Factors in Item I of our 1999 Form 10-K, are substantial indebt-
edness. impairment of asset value, need to replace reserves, substantial capital
requirements, fluctuations in the prices of oil and gas, uncertainties inherent
in estimating quantities of oil and gas reserves, projecting future rates of pro-
duction and the timing of development expenditures, competition, operating
risks, restrictions imposed by lenders, liquidity and capital reqiirements,
the effects of governmental and environmental regulation, pending litigation.
and adverse changes in the market for Chesapeake's oil and gas production.
You are cautioned not to place undue reliance on these forward-looking state-
ments, which speak only as of the date of this report. We undertake no obliga-
tion to release publicly the result of any revisions to these forward-looking
statements that may be made to reflect later events or circumstances, includ-
ing, without limitation, changes in our business strategy or planned capital
expenditures, or to reflect the occurrence of unanticipated events.
Stock Price Data
(in $) High Low Last
1998
First Quarter 7.75 5.50 5.88
Second Quarter 6.00 3.88 4.00
Third Quarter 4.06 1.13 1.19
Fourth Quarter 2.63 0.75 0.88
1999
First Quarter 1.50 0.63 1.38
Second Quarter 2.94 1.31 2.94
Third Quarter 4.13 2.75 3.88
Fourth Quarter 3.88 2.13 2.38
Stock Split History