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Shale Oil Company Chesapeake Energy Files For Bankruptcy
Monday, June 29, 2020 - 3:39am | 438Read More...Chesapeake Energy Corporation (NYSE: CHK) filed for bankruptcy on Sunday to carry out balance sheet restructuring. What Happened According to CEO Doug Lawler, by filing for Chapter 11, Chesapeake will eliminate $7 billion in debt and address its legacy financial weaknesses. It would also be...
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The Latest On Aubrey McClendon
Wednesday, June 8, 2016 - 2:21pm | 279Read More...The death of Aubrey McClendon, the former CEO of Chesapeake Energy Corporation (NYSE: CHK), was an accident, clearing the air on suicide rumors. Wall Street Journal, citing the autopsy report, said the Oklahoma medical examiner ruled the crash that killed McClendon was an accident. Though no...
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Aubrey McClendon, Founder And Ex-CEO Of Chesapeake, Killed In Single-Car Crash
Wednesday, March 2, 2016 - 4:07pm | 469Read More...Aubrey McClendon, the former CEO and chairman of Chesapeake Energy Corporation (NYSE: CHK), was killed in a single-car accident in Oklahoma City on Wednesday morning. "First responders were called to the scene of the deadly crash just after 9 a.m. on N. Midwest Blvd., between E. Memorial...
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Chesapeake Highly Volatile As Ex-CEO Indicted For Conspiracy
Wednesday, March 2, 2016 - 11:13am | 227Read More...Shares of Chesapeake Energy Corporation (NYSE: CHK) opened for trading on Wednesday at $2.62 after closing the prior day at $2.76. The stock quickly shot to an intra-morning high of $2.87 - up nearly 4 percent on the day. The U.S. Justice Department charged Aubrey McClendon, the former head of...
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Chesapeake Energy Says Ousted Founder Stole Data
Tuesday, February 17, 2015 - 4:49pm | 193Read More...Chesapeake Energy Corporation (NYSE: CHK) accused its Founder and former Chief Executive Aubrey McClendon of misappropriating information. In a law suit, reportedly filed Tuesday at Oklahoma County District Court, the company alleges that McClendon used stolen information to form American Energy...
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Market Wrap For May 8: Tesla Helps Extend Nasdaq's Losing Streak To 3 Straight Days
Thursday, May 8, 2014 - 4:32pm | 3174Read More...U.S. stocks were mixed as the Dow finished in positive territory and the S&P 500 index turned negative after rising to within two points of its record close. The Nasdaq also turned negative towards the end of the day, declining for the third straight day. Earnings continue to come in mixed...
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The Week Ahead: Earnings from Chesapeake, Tesla and Herbalife
Friday, February 15, 2013 - 5:54pm | 943Read More...The third full week of February will be one of the last weeks of earnings season. At this point, most of the S&P 500's components have already reported. Still, investors will get earnings reports from Allscripts Healthcare (NASDAQ: MDRX), Herbalife (NYSE: HLF), Tesla (NASDAQ: TSLA), MGM (NYSE...
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Bye-Bye McClendon, Hello Chesapeake Energy Takeover?
Wednesday, January 30, 2013 - 3:24pm | 768Read More...Raise a glass to activist shareholders. Whether it was at the behest of Southeastern Asset Management, famed financier Carl Icahn or a combination of the two, Aubrey McClendon is departing as chief executive officer of Chesapeake Energy (NYSE: CHK), the company he founded. Investors like the news...
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Energy Stocks in Focus: Hess, Chesapeake Energy, Marathon Petroleum and Phillips 66
Wednesday, January 30, 2013 - 9:46am | 472Read More...Between earnings, corporate conversions, dividends, share buybacks, and management shake-ups, energy stocks are in focus Wednesday. Specifically, Hess (NYSE: HES), Chesapeake Energy (NYSE: CHK), Marathon Petroleum Corp. (NYSE: MPC), and Phillips 66 (NYSE: PSX) are in focus Wednesday. Hess has...
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Chevron's Shelf Registration Could Signal Acquisition
Wednesday, November 14, 2012 - 2:03pm | 957Read More...In a research note published today, Oppenheimer speculates that a recent shelf registration by Chevron (NYSE: CVX) could be a signal the company is ready to make a large acquisition. Due to slowing oil production and a cash hoard that is the industry's largest at $22 billion, Chevron is no stranger...
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Not Chesapeake: One Company Cash-Rich Chevron Should Buy
Wednesday, August 29, 2012 - 7:02am | 994Read More...The energy patch has been abuzz over the past couple of days on speculation that Dow component Chevron (NYSE: CVX), the second-largest U.S. oil company, could be in an acquisitive mood. Chevron has $21 billion in cash, a large enough sum that puts plenty of companies in play. Eager investment...
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Emails Shed More Light on Possible Chesapeake Energy Collusion with Encana
Wednesday, July 11, 2012 - 2:45pm | 713Read More...According to an exclusive Reuters article, Chesapeake Energy (NYSE: CHK) and Encana (NYSE: ECA) executives shared "sensitive information that gave Chesapeake the upper hand in deals with Michigan land owners." Reuters, reviewing emails between top executives at the companies wrote that they could "...
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Chesapeake CEO McClendon Loses Chairman Role as Thunder Face Elimination
Thursday, June 21, 2012 - 4:10pm | 974Read More...Chesapeake Energy (NYSE: CHK) CEO Aubrey McClendon is having a June to forget. On Wednesday, the second-largest U.S. natural gas producer announced McClendon will cede his roll as chairman to former ConocoPhillips (NYSE: COP) Chairman Archie Dunham. McClendon's loss of the chairman's title is...
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Embattled Chesapeake CEO McClendon Takes Cover in NBA Finals
Tuesday, June 12, 2012 - 12:13pm | 218Read More...The kickoff of the NBA finals is tonight and Chesapeake Energy's (NYSE: CHK) CEO Aubrey McClendon may finally get a chance to turn around his company's image. In recent weeks, McClendon and Chesapeake have been besieged by numerous scandals--primarily over McClendon's perceived misuse of company...
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Chesapeake Announces Sale of Midstream Assets for Over $4B Before Shareholder Meeting
Friday, June 8, 2012 - 10:04am | 400Read More...Chesapeake Energy (NYSE: CHK) announced on Friday that it plans to sell $4 billion dollars worth of assets in its energy pipeline and infrastructure business. Carl Icahn, after taking a large stake in the company, has managed to push for significant changes. Chesapeake has agreed to replace...
