Chesapeake Energy Posts Higher Earnings

Chesapeake Energy Corporation has reported net income available to common shareholders of $446 million, operating cash flow of $1.09 billion and ebitda of $1.253 billion on revenue of $1.868 billion for Q4 2006.

For the quarter, ebitda increased 18 percent over the 2005 fourth quarter and net income per fully diluted common share decreased 14 percent.

For the full-year 2006, Chesapeake generated net income available to common shareholders of $1.904 billion, operating cash flow of $4.045 billion and ebitda of $5.019 billion on revenue of $7.326 billion and production of 578 bcfe.

Full-year 2006 ebitda and net income per fully diluted common share increased 89 percent and 73 percent, respectively, over the full-year 2005.



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