Political & Trade Participation
Chesapeake respects the U.S. political process and engages in several ways, including through selective trade associations and an employee Political Action Committee (PAC).
Political Process Engagement
- Employee PAC
- Trade association membership
- State and Federal political consultants
Chesapeake’s participation in government affairs and the political process strictly adheres to high ethical standards and the company’s core values of respect, integrity and trust. All activities comply with applicable laws and regulations, promote Chesapeake’s business strategies and are made without regard for the personal political preferences of employees, officers and directors.
PAC Activity
Chesapeake sponsors a PAC that allows eligible employees to voluntarily contribute and promote candidates for public office who support our industry. Our employee-run PAC Board is committed to educating, energizing and empowering our participating employees to become informed voters and actively participate in our political system at all levels of government.
PAC expenditures totaled $57,500 for the calendar year ending Dec. 31, 2023. Chesapeake does not make corporate contributions to candidates, political campaign committees or Super PACs.
Lobbying and Trade Group Participation
Chesapeake strictly adheres to all federal and state lobbying disclosure laws and we file publicly-available quarterly reports that describe issues lobbied and the amount spent on lobbying activity.
To facilitate our bipartisan lobbying efforts, we partner with external lobbying services. Our engagement is U.S.-only and focuses on advocating for balanced energy policy that is science based, equitable across sectors and helps to deliver affordable and reliable energy.
We’re also members of and actively participate in selective federal, state and local trade associations, chambers of commerce and advocacy groups. Some of these groups participate in the political process through educational initiatives and engage in lobbying on important legislative and regulatory decisions that impact Chesapeake.
Political and Advocacy Expenses
(1) National and state trade associations and chambers (contributions of $15,000+): American Exploration and Production Council (AXPC), Columbia Center on Global Energy Policy, Energy Future Initiative (EFI), GTI Energy, Independent Petroleum Association of America (IPAA), Louisiana Mid-Continent Oil and Gas Association (LMOGA), Louisiana Oil and Gas Association (LOGA), Marcellus Shale Coalition (MSC), National Association of Manufacturers (NAM), The Petroleum Alliance of Oklahoma, Pennsylvania Chamber of Business and Industry, State Chamber of Oklahoma, Texas Oil and Gas Association (TXOGA), The USLNG Association (LNG Allies), World 50 Inc.
(2) The majority of 2023 lobbying expenses were external.
