Chesapeake Energy Corporation is an American company primarily engaged in the exploration and production of natural gas and oil. Founded in 1989 and headquartered in Oklahoma City, Oklahoma, it has become one of the largest producers of natural gas in the United States. The company focuses on developing resources in key areas such as the Marcellus Shale and the Barnett Shale. In recent years, Chesapeake has undergone significant restructuring to improve its financial stability and operational efficiency. The company aims to balance its production with environmental considerations while adapting to the evolving energy market. Its commitment to sustainable practices is part of its strategy to remain competitive in the energy sector.