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Chesapeake Energy
Net profit in the quarter was $186 million, or 30 cents per share, compared with $3.29 billion, or $5.62 per share in the same period a year ago.
Excluding one-time items, the Oklahoma City, Oklahoma company had earnings of $440 million, or 70 cents per share.
On that basis, analysts on average had expected a profit of 65 cents per share, according to Thomson Reuters.
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Revenue in the quarter was $1.81 billion, down from $7.49 billion a year ago. Analysts had expected revenue of $1.96 billion for the 2009 third quarter.
Chesapeake shares [CHK
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] fell in extended trading. They closed at $24.14 on Thursday.
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