Chesapeake Energy Reviews | Glassdoor

Chesapeake Energy Reviews

Updated May 16, 2018
332 reviews

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3.6
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Approve of CEO
Chesapeake Energy President, Chief Executive Officer and Director Robert D. Lawler
Robert D. Lawler
152 Ratings

332 Employee Reviews

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Pros
  • Great Company with great benefits (in 48 reviews)

  • Campus is great spread out but nice to walk around, fitness center is amazing, restaurants are top notch and great daycare (in 33 reviews)

Cons
More Pros and Cons

  1. "Great culture, great benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Chesapeake Energy full-time

    Pros

    This company cares about work culture.

    Cons

    Senior leadership can hold their cards close to their chest, despite professing a commitment to transparency and open communication.


  2. "Engineering Tech II"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Chesapeake Energy full-time

    Pros

    Great campus, great culture, great working environment

    Cons

    Upward mobility is difficult if timing isn't right or not engineer.

  3. "Benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Chesapeake Energy full-time

    Pros

    Excellent 401k match and PTO.

    Cons

    Health insurance is a high deductible plan so overall poor health benefits.

    Advice to Management

    Recognize your hard workers. Evaluate mass pay disparities and correct it.


  4. "Lots of ups and downs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Data Strategist in Oklahoma City, OK
    Current Employee - Senior Data Strategist in Oklahoma City, OK
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Chesapeake Energy full-time (More than 5 years)

    Pros

    Campus is great spread out but nice to walk around, fitness center is amazing, restaurants are top notch and great daycare!

    Cons

    No departmental strategic plans and goals are ambiguous, lacks training for jobs and lots of moving around from job to job.


  5. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Chesapeake Energy full-time (More than 5 years)

    Pros

    Bonuses were nice, restaurants on campus were convenient

    Cons

    Supervisors didn’t give much feedback.

    Advice to Management

    Respect your employees


  6. "Good place to work - uncertain future"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Process Specialist
    Current Employee - Business Process Specialist
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at Chesapeake Energy full-time

    Pros

    Benefits package
    PTO
    OKC campus perks (restaurants, gym, doctor, child care etc.)

    Cons

    Uncertain future with current financial health
     Lots of layoffs due to energy industry prolonged suppressed prices

    Advice to Management

    Refocus on core competencies within organization


  7. "Great overall experience!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Supply Chain Analyst in Oklahoma City, OK
    Current Employee - Supply Chain Analyst in Oklahoma City, OK
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Chesapeake Energy full-time (More than 3 years)

    Pros

    - tremendous benefits
    - relaxed atmosphere
    - upward mobility
    - amenities (offices, restaurants, fitness center, etc.)

    Cons

    - immature business practices (but improving)
    - history of HR siding with management rather than employees

    Advice to Management

    1) Don't just put the culture on a poster, live it out
    2) Find ways to keep VPs, Directors, and Managers accountable
    3) Make transparency a priority

  8. "Geologist"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    great upside, fast paced environment

    Cons

    horrible management and constant reorganization


  9. "Good company in some tough spots"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Oklahoma City, OK
    Former Employee - Anonymous Employee in Oklahoma City, OK
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Chesapeake Energy full-time (More than 8 years)

    Pros

    Great people; developing entrepreneuial mindset; fantastic benefits; great workout facility; very good restaurants.

    Cons

    Crippling debt leaves high uncertainty, leading business units to often work against one another rather than working together for the greater good; major inter-departmental silos; upper management is largely detached.

    Advice to Management

    Actually get to know your employees and what they're doing, your workforce reductions have been so counterproductive to your long-term goals because of this. Important committees and projects have been wiped out every time. Relying on the good ol' boy system or computer algorithms are not good substitutes for knowledge.


  10. "Chesapeake'd? Leadership varies; financial struggles; you should plan next move going in"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in Oklahoma City, OK
    Former Employee - Manager in Oklahoma City, OK
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Chesapeake Energy full-time (More than 5 years)

    Pros

    Good way to get exposure to several plays in the US, upstream industry, etc.
    There are many layers to the onion and so you can learn a lot and move around, potentially
    15% 401k (though vesting is rough)
    Compensation is great for engineering fields
    Work schedule (half-day Fridays)
    PTO - varies by experience
    Mid level managers are talented in some areas
    You might be the smartest guy in the room
    Industry can be exciting as prices are volatile and O&G is good ole boy
    CHK made mistakes early on and attempts to fix are learning opportunities for you
    Company has a lab and devotes resources to understanding plays in a way some smaller companies can / do not

    Cons

    Well, you might be the smartest guy in the room
    Company selling assets to pay off debt but reduces cash flow for next debt tranche (liquidity trap) -- you might not be there long
    Experience and expertise of some VPs is shallow (result of CEO placing loyal Anadarko hires into roles above their competency)
    Little cash for training and other employee resources for rank & file if you need it
    If acquired (one of a couple escape routes for CHK), it is almost certain HQ will move and synergies will be found, and so you need to know that going in
    Company buys-in hard internally on buzzwords and trends to sell to investor community (follower, not leader) as it tries to point to growth strategies
    As transparent as they attempt to be, you'll have little idea of "important" stuff as it's closely held
    Your VP may not know your name (even in small depts) as there are walls
    A lot of skeletons in the closet in Legal, Land, and Marketing depts


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