Chesapeake Energy Corporation (CHK) Management Presents at Barclays 2023 CEO Energy-Power Conference (Transcript)

Chesapeake Energy Corporation (NASDAQ:CHK) Barclays 2023 CEO Energy-Power Conference Transcript September 6, 2023 8:00 AM ET

Executives

Nick Dell’Osso – President and CEO

Analysts

Unidentified Analyst

Hello. Good morning. Welcome to day two of the 37th Annual Barclays’ CEO Energy-Power Conference. My name is Betty Jiang Betty [ph], and I am the new integrated E&P Analyst. Thank you again for joining us. I hope you have your beverage of choice ready, because we have an amazing lineup of conversations planned for today and I am really excited to get start it.

For our first session of the day I am pleased to welcome Nick Dell’Osso, President and CEO of Chesapeake Energy. Chesapeake has really undergone significant portfolio transformation, emerging out of bankruptcy in 2021, made a major acquisition in Haynesville and just recently fully exited Eagle Ford. Now, it’s a two base interplay gas E&P, with a strategic focus in LNG. So, clearly, Chesapeake is not what it was two years, three years ago. So that’s very good. Nick, thank you for being here.

Nick Dell’Osso

Thank you. Thanks for having us.

Question-and-Answer Session

Q – Unidentified Analyst

Of course. I want to start our conversation first with gas and the volatility. I think I was amazed to see how frontlines [ph] gas price last year was doubled, tripled where it is today and then just the volatility in the space has been tremendous. Given that…

Nick Dell’Osso

Yeah.

Unidentified Analyst

… volatility, how do you even run your budget and operational plans with that? How do you do — what’s the flexibility in plans and talk to me about how you manage around volatility in the space?

Nick Dell’Osso

Sure. It’s a great question. And volatility has obviously been the most important theme over the last couple of years for gas

Read the full article here