SUGAR LAND, TX — (Marketwire) — 02/23/12 — Researched by Industrial Info Resources (Sugar Land, Texas) — (NYSE:CHK) (Oklahoma City, Oklahoma), the second-largest producer of in the U.S., reported overall gains for fourth-quarter and full-year 2011, as the company enjoyed tremendous success from its investments in liquids-rich plays. Chesapeake is now the 11th-largest oil producer in the U.S., and has accounted for 30% of the country–s natural gas production in the last five years. Net income for the quarter was reported to be $429 million for the quarter, compared with $180 million in fourth-quarter 2010, and $1.57 billion for the year, a 5.59% decrease from 2010.
For details, view the entire article by subscribing to Industrial Info–s Premium Industry News at , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info–s quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what–s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the “” page.
Contact:
Joe Govreau
713-783-5147