Mon, Nov 23 2009
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Published November 02, 2009 04:52 pm - Chesapeake 3Q profit down on lower gas prices OKLAHOMA CITY (AP) — Chesapeake Energy says its third quarter earnings fell compared with last year when skyrocketing natural gas prices sent profit soaring. The Oklahoma City-based company says it made $186 million, or 30 cents per share, for the quarter ended Sept. 30. Discounting charges, Chesapeake said it made $440 million, or 70 cents per share. Chesapeake said production rose 1 percent from the second quarter and 7 percent from the year-ago quarter when low prices led the company to curtail drilling. 
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