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About Us
Chesapeake Weather Services is wholly owned by Chesapeake Energy Marketing Incorporated and Chesapeake Energy Corp. The meteorology division was established during the fall of 2003 when Chesapeake management hired the weather group from Citigroup/Smith Barney. At that time, Jon Davis and Mark Russo became an integral part of the risk management team for the energy company. It was then decided that the weather group would be allowed to consult to a handful of agribusiness, energy companies and other entities and aid in their risk management. Chesapeake Weather added Josh Darr as the third member of the team in the summer of 2007. Located in downtown Chicago along the Chicago River, the weather department is a state-of-the-art facility with the latest in technology.
Our parent, Chesapeake Energy Corporation is the largest independent producer and third-largest overall producer of natural gas in the United States. With 153 operated rigs and 122 non-operated rigs operated in the continental U.S., Chesapeake is the largest driller of natural gas in the country. Additionally, the risk management program of Chesapeake Energy has realized hedging gains in 2006 and 2007 of $1.9 billion resulting in the most successful hedging program in the industry.
Chesapeake completed its initial public offering (IPO) in February 1993. During the eleven years since our IPO, we have been the second best stock price performer among all U.S. mid- and large-cap independent oil and gas producers with a common share price appreciation of over 900%.
Our common stock trades on the New York Stock Exchange under the symbol CHK. Our principal executive offices are located at 6100 North Western Avenue, Oklahoma City, Oklahoma 73118, and our main telephone number is (405) 848-8000. The primary contact for investors is Jeffrey L. Mobley, Sr. Vice-President, Investor Relations and Research. You may contact Mr. Mobley by email at jmobley@chkenergy.com or by phone at (405) 767-4763. For investor materials (Annual Report, quarterly reports, 10-K, Proxy, etc.) please e-mail Investor Relations at investorinfo@chkenergy.com.
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