UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)
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SEPTEMBER 21, 2004 (SEPTEMBER 20, 2004)
CHESAPEAKE ENERGY CORPORATION
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(Exact name of registrant as specified in its charter)
OKLAHOMA 1-13726 73-1395733
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(State or other jurisdiction (Commission File No.) (IRS Employer
of incorporation) Identification No.)
6100 NORTH WESTERN AVENUE, OKLAHOMA CITY, OKLAHOMA 73118
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(Address of principal executive offices) (Zip Code)
(405) 848-8000
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(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 8.01. OTHER EVENTS
Chesapeake Energy Corporation ("Chesapeake") issued a Press Release on September
20, 2004. The following was included in the Press Release:
CHESAPEAKE ENERGY CORPORATION DECLARES QUARTERLY
COMMON AND PREFERRED STOCK DIVIDENDS
Chesapeake Energy Corporation (NYSE:CHK) today announced that its Board of
Directors has declared a $0.045 per share quarterly dividend that will be paid
on October 15, 2004 to common shareholders of record on October 1, 2004.
Chesapeake has approximately 267 million common shares outstanding.
Chesapeake's Board has also declared a quarterly cash dividend on Chesapeake's
4.125% Cumulative Convertible Preferred Stock, par value $0.01. The dividend for
the 4.125% preferred stock is payable on December 15, 2004 to preferred
shareholders of record on December 1, 2004 at the quarterly rate of $10.3125 per
share. Chesapeake has 313,250 shares of 4.125% preferred stock outstanding with
a liquidation value of $313.3 million.
Chesapeake's Board has also declared a quarterly cash dividend on Chesapeake's
6.75% Cumulative Convertible Preferred Stock, par value $0.01. The dividend for
the 6.75% preferred stock is payable on November 15, 2004 to preferred
shareholders of record on November 1, 2004 at the quarterly rate of $0.84375 per
share. Chesapeake has 2.714 million shares of 6.75% preferred stock outstanding
with a liquidation value of $150 million.
Chesapeake's Board has also declared a quarterly cash dividend on Chesapeake's
5.0% Cumulative Convertible Preferred Stock, par value $0.01. The dividend for
the 5.0% preferred stock is payable on November 15, 2004 to preferred
shareholders of record on November 1, 2004 at the quarterly rate of $1.25 per
share. Chesapeake has 1.725 million shares of 5.0% preferred stock outstanding
with a liquidation value of $172.5 million.
Chesapeake's Board has declared a quarterly cash dividend on Chesapeake's 6.0%
Cumulative Convertible Preferred Stock, par value $0.01. The dividend for the
6.0% preferred stock is payable on December 15, 2004 to preferred shareholders
of record on December 1, 2004 at the quarterly rate of $0.75 per share.
Chesapeake has 4.6 million shares of 6% preferred stock outstanding with a
liquidation value of $230 million.
CHESAPEAKE ENERGY CORPORATION IS ONE OF THE FIVE LARGEST INDEPENDENT PRODUCERS
OF NATURAL GAS IN THE U.S. HEADQUARTERED IN OKLAHOMA CITY, THE COMPANY'S
OPERATIONS ARE FOCUSED ON EXPLORATORY AND DEVELOPMENTAL DRILLING AND PRODUCING
PROPERTY ACQUISITIONS IN THE MID-CONTINENT, PERMIAN BASIN, SOUTH TEXAS, TEXAS
GULF COAST AND ARK-LA-TEX REGIONS OF THE UNITED STATES. THE COMPANY'S INTERNET
ADDRESS IS WWW.CHKENERGY.COM.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHESAPEAKE ENERGY CORPORATION
By: /S/ AUBREY K. MCCLENDON
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Aubrey K. McClendon
Chairman of the Board and
Chief Executive Officer
Dated: September 21, 2004
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