Q2 2024 Chesapeake Energy Corp Earnings Call Transcript
Please stand by for streaming text.
(audio in progress)
' -
(technical difficulty) combined, these operational improvements allowed us to lower our full year capital and production expense guidance by 50 million and approximately 8% respectively. Lowering breakeven cost is critical to delivering sustainable value to our shareholders and ensuring the market remains well supplied with affordable natural gas. We expect the majority of savings recognized will be durable through cycles, which will only continue to improve the strength and competitiveness of our Marcellus and Haynesville positions.
Second, maintaining production flexibility to match market conditions. Through the first half of the year, we have deferred 46 tails until 29 docs. By year end, we expect to have up to one Bcf a day of productive capacity available to meet demand when conditions warrant. In addition to the deferral of tails and completions, we
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |