Chesapeake reports Q1 EPS 59c, consensus 48c Reports Q1 revenue $5.05B, consensus $4.45B. Chesapeake’s daily production for Q1 averaged 675,200 barrels of oil equivalent, a year-over-year increase of 11%. Chesapeake said it continues to pursue opportunities to high-grade its portfolio to focus on assets that best fit its strategy of profitable growth from captured resources. "The company believes its targeted asset dispositions will be value-accretive and enable it to further reduce financial complexity and lower overall leverage."
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