Chesapeake Energy 2015 Annual Report Download - page 158

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CHESAPEAKE ENERGY CORPORATION AND SUBSIDIARIES
SUPPLEMENTARY INFORMATION
154
Quarterly Financial Data (unaudited)
Summarized unaudited quarterly financial data for 2015 and 2014 are as follows:
Quarters Ended
March 31,
2015 June 30,
2015 September 30,
2015 December 31,
2015
($ in millions except per share data)
Total revenues....................................... $ 3,218 $ 3,521 $ 3,376 $ 2,649
Gross profit(a) ............................................. $ (5,040) $ (5,507) $ (5,453) $ (2,919)
Net loss attributable to
Chesapeake....................................... $ (3,739) $ (4,108) $ (4,653) $ (2,185)
Net loss available to common
stockholders....................................... $ (3,782) $ (4,151) $ (4,695) $ (2,228)
Net loss per common share:
Basic ................................................. $ (5.72) $ (6.27) $ (7.08) $ (3.36)
Diluted............................................... $ (5.72) $ (6.27) $ (7.08) $ (3.36)
Quarters Ended
March 31,
2014 June 30,
2014 September 30,
2014 December 31,
2014
($ in millions except per share data)
Total revenues....................................... $ 5,557 $ 5,656 $ 6,223 $ 5,689
Gross profit(a) ............................................. $ 733 $ 610 $ 1,174 $ 960
Net income attributable to
Chesapeake....................................... $ 425 $ 191 $ 662 $ 639
Net income available to common
stockholders....................................... $ 374 $ 144 $ 169 $ 586
Net earnings per common share:
Basic ................................................. $ 0.57 $ 0.22 $ 0.26 $ 0.89
Diluted............................................... $ 0.54 $ 0.22 $ 0.26 $ 0.81
_________________________________________
(a) Total revenue less operating expenses. Includes a $18.238 billion ceiling test write-down on our oil and natural
gas properties for the year ended December 31, 2015.