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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Feb. 09, 2021
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues and other:          
Oil and natural gas derivatives $ (382,000) $ (910,000) $ (161,000) $ (1,604,000) $ 573,000
Gains on sales of assets 5,000 3,000 1,000 9,000 1,000
Total revenues and other 260,000 890,000 960,000 2,463,000 3,992,000
Operating expenses:          
Severance and ad valorem taxes 18,000 41,000 37,000 106,000 116,000
General and administrative 21,000 30,000 52,000 69,000 229,000
Separation and other termination costs 22,000 0 16,000 11,000 43,000
Depreciation, depletion and amortization 72,000 228,000 170,000 579,000 931,000
Impairments 0     1,000 8,522,000
Other operating expense (income), net (12,000) 3,000 1,000 1,000 67,000
Total operating expenses 494,000 1,228,000 1,071,000 2,946,000 12,871,000
Loss from operations (234,000) (338,000) (111,000) (483,000) (8,879,000)
Other income (expense):          
Interest expense (11,000) (17,000) (25,000) (47,000) (307,000)
Gains on purchases or exchanges of debt 0     0 65,000
Other income (expense) 2,000 0 2,000 31,000 (9,000)
Reorganization items, net 5,569,000 0 (611,000) 0 (217,000)
Total other income (expense) 5,560,000 (17,000) (634,000) (16,000) (468,000)
Income (loss) before income taxes 5,326,000 (355,000) (745,000) (499,000) (9,347,000)
Income tax benefit (57,000) (10,000) 0 (10,000) (13,000)
Net income (loss) 5,383,000 (345,000) (745,000) (489,000) (9,334,000)
Net loss attributable to noncontrolling interests 0 0 0 0 16,000
Net income (loss) attributable to Chesapeake 5,383,000 (345,000) (745,000) (489,000) (9,318,000)
Preferred stock dividends 0 0 0 0 (22,000)
Net income (loss) available to common stockholders 5,383,000 (345,000) (745,000)   (9,340,000)
Net income (loss), basic and diluted $ 5,383 $ (345,000) $ (745,000) $ (489,000) $ (9,340,000)
Earnings (loss) per common share:          
Basic (in dollars per share) $ 550.35 $ (3.51) $ (76.18) $ (4.99) $ (955.99)
Diluted (in dollars per share) $ 534.51 $ (3.51) $ (76.18) $ (4.99) $ (955.99)
Weighted average common shares outstanding (in thousands):          
Basic (in shares) 9,781 98,221 9,780 98,040 9,770
Diluted (in shares) 10,071 98,221 9,780 98,040 9,770
ACCUMULATED DEFICIT          
Other income (expense):          
Net income (loss) attributable to Chesapeake $ 5,383,000 $ (345,000) $ (745,000) $ (489,000) $ (9,318,000)
Net income (loss) available to common stockholders       (489,000)  
Oil, natural gas and NGL          
Revenues and other:          
Revenue 398,000 1,170,000 672,000 2,615,000 2,006,000
Marketing          
Revenues and other:          
Revenue 239,000 627,000 448,000 1,443,000 1,412,000
Operating expenses:          
Expense 237,000 625,000 450,000 1,440,000 1,438,000
Production          
Operating expenses:          
Expense 32,000 80,000 82,000 194,000 295,000
Gathering, processing and transportation          
Operating expenses:          
Expense 102,000 219,000 258,000 541,000 813,000
Exploration          
Operating expenses:          
Expense $ 2,000 $ 2,000 $ 5,000 $ 4,000 $ 417,000