04:21 PM EDT, 07/29/2024 (MT Newswires) -- Chesapeake Energy ( CHK ) reported Q2 adjusted diluted Monday of $0.01 per share, down from $0.64 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.02.

Revenue for the quarter ended June 30 was $505 million, down from $1.89 billion a year earlier.

Analysts surveyed by Capital IQ expected $603.1 million.

The company plans to pay a base dividend of $0.575 per share on Sept. 5 to shareholders of record on Aug. 15.

Price: 75.09, Change: -1.48, Percent Change: -1.94