Chesapeake Energy Reviews | Glassdoor

Chesapeake Energy Reviews

Updated October 19, 2017
37 reviews

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2.0
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Chesapeake Energy President, Chief Executive Officer and Director Robert D. Lawler
Robert D. Lawler
15 Ratings

37 Employee Reviews

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Pros
  • Great benefits for all employees (in 45 reviews)

  • Great compensation packages, 401k match is unreal (in 22 reviews)

Cons
More Pros and Cons

  1. "Beats Being Unemployed"

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

    I have been working at Chesapeake Energy full-time

    Pros

    - Generous Salary and Benefits
    - Upper Management Wants a Better Company

    Cons

    - Inexperienced/Under-Qualified Middle-Management
    - Poor Company Culture (Back-Stabbing, Idea-Stealing, etc.)
    - Low Job Security

    Advice to Management

    Keep focusing on the technical solution, not the easy answer. Don't take the advice from whichever ya-hoo hoots the loudest; dive into the technical details yourself.


  2. Helpful (1)

    "I worked here for nearly 10 years before our department was outsourced as a cost-cutting measure"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quality Control Technician in Oklahoma City, OK
    Former Employee - Quality Control Technician in Oklahoma City, OK
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Pay Above Market
    401(k) match is well above market (but the match is in useless company stock)
    Good benefits
    Some sporting event tickets

    Cons

    The CEO looks and acts like a used car salesman - he doesn't have any ideas to propel the company forward and is just cost-cutting over and over in order to make the balance sheets look marginally respectable and even in this he is failing.

    If you've never been in an environment of perpetual cuts that lasts several years, it's dreadful for morale. Many of the amenities that were hallmarks of this company under the previous leadership have been all but forgotten.

    There is also no chance of advancement beyond token promotions

    There is an environments of cliques

    I was flat out told by management that I exceeded expectations, but that this level of review was denied to save money. They preach big ideas, like transparency and honesty and hard work, but the talk stops when it comes to the employee.

    Advice to Management

    Sell the company - there's good people here who have good ideas while working on quality assets, but it's all squandered by a rudderless leadership. Give someone with a track record of innovation a chance to do something good with all the resources of this company before they're all used up.

  3. "Not worth the hype"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Chesapeake Energy full-time (Less than a year)

    Pros

    On-site restaurants, impeccable 401k match, astonishing campus.

    Cons

    They eliminate reasons to leave campus for a reason. Almost expected to work 24/7.

    Advice to Management

    Practice the culture you preach


  4. Helpful (2)

    "Same problems as 2010"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Landman in Oklahoma City, OK
    Former Employee - Landman in Oklahoma City, OK
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Chesapeake Energy full-time (More than 3 years)

    Pros

    Overpaid and under-worked. Set your own schedule more or less. Still plenty of perks even with the changes. If you can handle wasting most of your year and then rushing to do some manager presentation than you will find the money earned compared to the work done to be unbelievable.

    Cons

    No leadership, no company direction. After removing the old guard from AKM and replacing them all with new drink the blue yes men and women the same awful company environment was recreated. Instead of having to be "in" with this manager now you have to be "in" with the new manager. Everything that was supposed to be new and make CHK a better place was quickly brushed aside and it is back to who you know, whose back you scratch and who can you gossip about. Sad.

    Advice to Management

    The concept of placing technical people in areas they have no experience in because they need to be a "well rounded employee" is only hurting the company. A landman or tech with 10 years experience in East Texas should not be moved to the Rockies because management is worried that they are too valuable and will be recruited away by competition. Use the tools provided correctly and you will actually turn the company around, not just prepare it for sale.


  5. Helpful (2)

    "No Longer a Great Company to Work For"

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

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

    Pros

    Diverse asset base
    401k Match
    Training programs

    Cons

    No longer a best company to work for with cuts to employee benefits and culture
    Bottom 5 worst-performing stock in Fortune 500 in last year losing over 77% of its value
    Still heavy debt load
    New corporate structure does not value employees
    Management not clear in its direction
    Frequently changing course and strategy
    Great uncertainty

    Advice to Management

    Still have many problems to work through and financial concerns
    Recognize and reward those adding value to the corporation


  6. "EHS Data Analyst"

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

    I worked at Chesapeake Energy (Less than a year)

    Pros

    Good Salary. Generous benefits, especially 401K match and Annual Leave accrual.

    Cons

    Unstable environment, mainly due to layoffs and constant shuffling of management and employees.

    Advice to Management

    Prioritize long term goals and stick to them. Eliminate distractions from priority goals.


  7. Helpful (2)

    "No Collaboration"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Chesapeake Energy full-time

    Pros

    Says they want change in the Company.

    Cons

    People are horrified of change.

  8. "Bad behavior is rewarded"

    StarStarStarStarStar
    Current Employee - Applications Systems Analyst in Oklahoma City, OK
    Current Employee - Applications Systems Analyst in Oklahoma City, OK
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Compensation and benefits make up for the poor quality of people and disconnected management. Regular bonuses and company perks are usually a high priority

    Cons

    Poor management rewards bad behavior and breeds dissatisfaction and laziness. It tends to bring down morale even when pointed out.


  9. "Not hiring permanent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Contractor in Casper, WY
    Former Employee - Contractor in Casper, WY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Professional environment, clean and accomodating

    Cons

    Not willing to hire permanent and give benefits


  10. "Okay experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Intern - Land Intern in Oklahoma City, OK
    Former Intern - Land Intern in Oklahoma City, OK
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Chesapeake Energy as an intern (Less than a year)

    Pros

    Good pay. Lots of benefits such as the gym and the food.

    Cons

    All they care about are themselves. Very sexist in the land department as well. I have seen many great employees get laid off while other less deserving employees stay on board.

    Advice to Management

    Reevaluate your CEO and management decisions. This company did much better with Aubrey, he actually cared about his employees.


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