Committed to Our
Communities
We recognize the opportunity we’ve been given — to be a good neighbor and an operator on someone’s land — and we approach this role with an emphasis on safety, stewardship and partnership. We commit to responsible operations, respectful and mutually beneficial relationships and strengthening the communities where we do business.
In 2022, Chesapeake hosted a series of in-person meetings in the areas where we operate with a goal of transparently communicating company operations, sharing our commitment to the community and offering direct access to the company. These gatherings featured presentations by company leaders, interactions with local staff and opportunities for stakeholders to ask questions or communicate concerns. Invitations were sent to royalty and mineral owners, neighbors, elected and regulatory officials, local business representatives and media. Following this program’s success, we will continue hosting in-person sessions in 2023.
Investing in Our Communities
Delivering on our business strategies provides a financial benefit to our shareholders and economic support to our communities. Our operations foster community development through job creation, capital investment, tax revenue and owner payments.
In the last 10 years (2012 – 2022), we have paid more than $2.25 billion in taxes. These funds help facilitate infrastructure projects, education and safety services.
2022 Taxes and Payments
$323mm
taxes incurred
$1.2B
royalty payments
~$17mm
PA impact fees(1)
(1) Funds from natural gas operations, a percentage of which is allocated to municipalities where we do business. The funds paid by Chesapeake are included in the 2022 taxes incurred.
Partnering with Our Owners
Operating on someone’s land is a responsibility Chesapeake takes seriously. We work to build long-term relationships with our mineral and surface owners through transparent communication and easy accessibility.
Owner Relations Engagement Process
1
Outreach to Owner Relations group
2
Owner Relations attempts to resolve without transfer
3
If needed, Owner Relations transfers to a specialized employee
4
Matter is resolved and documented for future reference
5
Relevant lessons learned are reported
Owners may also interact through our online owners’ portal which provides direct access to revenue statements, daily operational activity and production numbers.
Pennsylvania Royalty Owners Update
Following class-action lawsuits brought on behalf of local oil and gas lessors for royalty-related claims, Chesapeake and our affiliates reached comprehensive settlements with the Office of the Pennsylvania Attorney General. Because the dispute and subsequent settlements are complicated, Chesapeake created a website where Pennsylvania lessors can access the most up-to-date information. Pennsylvania owners were also permitted to make a one-time election to determine how their royalties will be paid in the future.
Philanthropy
Being a responsible operator means helping our neighbors in need. We partner with our communities by investing in projects and programs that align with local needs and business priorities. We accomplish this through:
Charitable Donations
In-Kind Resources
Employee Volunteerism
Charitable Donation Pillars
STEM Education
Emergency & Disaster Response
Environment
Community Development
If an organization falls into one of our four giving categories, is a 501(c)(3) certified organization or accredited educational institution and operates in an area where we do business, they may apply for assistance. Organizations can request either in-kind (services or materials such as advertising, vehicles and office equipment) or financial donations.
Our charitable guidelines prohibit us from supporting individuals and certain types of organizations, causes and fundraising activities. These include:
- Religious or partisan causes
- Fraternal organizations, including college fraternities and sororities
- Walks or galas
- Advertising solicitations
Please note, once you logon, there are three separate grants for: Oklahoma City, Northeast Pennsylvania and Northwest Louisiana funding. Please be sure to click on the correct region.
Organizations applying for the first time will be required to create a new profile and then will be able to apply for possible funding.
A United Way Partner
In tandem with our charitable giving program, we host annual companywide fundraising campaigns to benefit local United Way chapters. Through a variety of employee-driven activities and events, our corporate campus and field offices raise awareness and collect donations for the organization and its beneficiaries.
In 2022, Chesapeake and our employees raised $900,000 for local United Way chapters across four states. From participating in special events to donating through payroll deduction, employees gave generously to support our neighbors in need. Read more.
In 2022, we donated $5 million to nonprofit partners.
Employee Volunteerism
Through our H.E.L.P. (Helping Energize Local Progress) Initiative, we actively seek volunteer opportunities that create a sustainable impact in the areas where we live. Employees may use eight hours of company time per year to volunteer at the nonprofit of their choice.
Encouraging students to pursue STEM
Chesapeake hosted 52 middle school students on our corporate campus for an “Hour of Code” event to introduce these students to computer science, technology and coding careers. Read more.
Honoring veterans in the Marcellus
When The Wall that Heals, a mobile replica of the Vietnam Veterans Memorial, came to Sayre, Pennsylvania, (a Chesapeake field office location) 21 employees helped with wall set up, security and visitor transportation. Read more.
Responding to the Uvalde tragedy
Chesapeake employees provided meals for first responders, organized a fundraiser and hosted a blood drive (among other activities) — volunteering more than 250 hours after the tragic school shooting. Read more.
Sharing rodeo life with Special Kids Rodeo
In addition to sponsoring the LCRA Special Kids Rodeo, Chesapeake sent a group of Mansfield employees to volunteer at the fun-filled day for North Louisiana children with mental and physical exceptionalities. Employees facilitated rodeo-themed games and the children also enjoyed meeting some of the state’s best rodeo athletes.
