Wednesday, August 26, 2026

Chesapeake Replaces Utica Oil in Only Two Months

Q4 production exceeds expectations by 14 MBOEPD Chesapeake Energy (stock ticker: CHK) announced preliminary Q4 production, significantly exceeding expectations. Chesapeake produced about 463 MBOEPD in Q4, 86.5 MBOEPD of which was composed of oil. Bloomberg reports Chesapeake was expected to produce 449 MBOEPD in Q4, so this result significantly exceeds expectations. While the company’s production fell short of the 537

Marcellus Producer Joins Oil Heavyweights in Cutting 2019 Spending

Antero CapEx down 15% from 2018 levels The recent decrease in oil prices has driven many companies to curtail capital spending plans, as Permian heavyweights Diamondback Energy (stock ticker: FANG) and Parsley Energy (stock ticker: PE) have both announced slow spending. This shift is not constrained to merely oil producers, however, as Antero Resources’ (stock ticker: AR) spending plan reveals.