Chesapeake Energy Corp (CHK)

[researcher59]

CHK has huge tax loss carryforwards related to asset impairments, so won't be paying any taxes for many years to come -

10K -

As of December 31, 2016, Chesapeake had federal income tax NOL carryforwards of approximately $6.2 billion and state NOL carryforwards of approximately $9.5 billion which excludes the NOL carryforwards related to unrecognized tax benefits. The associated deferred tax assets related to these NOL carryforwards were $2.161 billion and $426 million, respectively. The NOL carryforwards expire between 2031 and 2036. The value of these carryforwards depends on the ability of Chesapeake to generate taxable income.