Chesapeake energy reports q4 adjusted loss per share $0.04 excluding items

Oration reports 2019 full year and fourth quarter financial and operational results and releases 2020 guidance.q4 loss per share $0.18.q4 earnings per share estimate $-0.06 -- refinitiv ibes data.q4 adjusted loss per share $0.04 excluding items.average daily production for q4 was about 477,000 boe.qtrly total revenues and other $1,926 million versus $2,793 million.for 2020, projected capital expenditure program is $1.3 to $1.6 billion.expect oil production will remain relatively flat year over year in 2020.expect to further improve cost structure by reducing production and g&a expenses by over 10% y-o-y in 2020.plan to fund 2020 maturities with $300 to $500 million in proceeds from expected non-core asset sales.total production is projected to decrease as gas volumes decline in 2020.q4 oil production grew about 45% to 126,000 barrels of oil per day.q4 revenue view $2.10 billion -- refinitiv ibes data.
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