Chesapeake Energy reported a GAAP loss of $764 million for the 3 months of 2022, compared to a profit of $295 million for the period February 10 to March 31 of the previous year. Revenue rose 6.3% to $935 million from $880 million a year earlier. The financial results for the same period in 2020 are Chesapeake Energy's performance before the Chapter 11 restructuring, which is not fully comparable to the company's post-restructuring performance.
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Chesapeake Energy reported a GAAP loss of $764 million for the 3 months of 2022, compared to a profit of $295 million for the period February 10 to March 31 of the previous year. Revenue rose 6.3% to $935 million from $880 million a year earlier. The financial results for the same period in 2020 are Chesapeake Energy's performance before the Chapter 11 restructuring, which is not fully comparable to the company's post-restructuring performance.
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