Remember when the commodity and gas plunge was supposed to be an "unambiguously good" tailwind for discretionary US spending, something which we warned over and over would never happen as the Obamacare "mandatory tax" surge pricing for...Show More Summary
The Oklahoma City Thunder today revealed a third alternate uniform for 2015-16. The team will first wear its new sunset-colored alternates on Sunday, Nov. 1, at Chesapeake Energy Arena against the Denver Nuggets. The new uniform’s bold color pairs with “OKC” in navy block lettering on the front to showcase the team’s hometown pride and reflect [...]
Every single living thing on this planet needs fresh water in some way. We depend on water for food, energy, health and sanitation, and almost everything we use on any given day. Yet despite our incredible dependence on water, it's largely...Show More Summary
Aubrey McClendon, former CEO of hydraulic fracturing (“fracking”) giant Chesapeake Energy and current CEO of American Energy Partners ( AEP ), has signed a joint venture with a private equity firm owned by former Mexico president Vicente...Show More Summary
Adam Troxtell Chickasha News August 13, 2015 When the lights go up at Chesapeake Energy Arena in October and the Oklahoma City Thunder take the court, Chickasha will be represented. There on the side of the court, and on it between quarters and timeouts, Kalyssa Singleton will be fulfilling a dream she’s had since about [...]
The shale gas champion is burning cash, selling assets and running out of options.
By Soma Biswas Aubrey McClendon’s second chance at building an oil and gas empire is showing cracks. The billionaire founder and former CEO of Chesapeake Energy launched a half dozen new energy companies from scratch immediately after resigning from Chesapeake early 2013. His new ventures, housed under the American Energy Partners (AEP) [...]
The shares of Chesapeake Energy, second largest natural-gas driller in the US, crashed nearly 10% yesterday, to $9.29, the lowest price since August 2003, down nearly 70% since oil began to plunge a year ago. The company’s $1.1 billion of 5.75% notes fell to an all-time low of 84.88 cents on the dollar. Show More Summary
Earlier today, Chesapeake Energy - in a mad scramble to conserve cash - eliminated its common dividend, a move which i) will save the company around $240 million per year, but ii) caused the stock to plunge to a twelve-year low. TheShow More Summary
Shale oil and gas driller Chesapeake Energy is scrapping its common stock dividend in order to maintain capital expenditure amid a sharp slump in oil and natural gas prices. The move, which goes in the opposite direction of ConocoPhillips's decision last week to pare back capex and protect its dividend, is [...]
Back in January, the panic surrounding the energy space and specifically the collapse in industry cash flows as a result of the collapse in oil prices, peaked when one after another company announced they would halt dividend payments...Show More Summary
Shale oil and gas drilling giant Chesapeake Energy appears to be in the process of quietly skipping its quarterly dividend, as energy producers continue to adjust their capital spending plans and returns of cash to shareholders amid a sharp drop in oil prices that's put the commodity at around $50 a barrel.
NEW YORK (Reuters) - A federal judge on Thursday said Chesapeake Energy Corp must pay an additional $59.1 million to some investors whose bonds it redeemed early, boosting the natural gas company's total payout to $438.7 million. U.S. Show More Summary
By Jonathan Stempel NEW YORK (Reuters) - A U.S. federal judge on Friday ordered Chesapeake Energy Corp to pay $379.7 million to bond investors, after the natural gas company waited too long to tell them of its plan to redeem their $1.3 billion of bonds six years early. Show More Summary
In view of the changed commodity price environment, Chesapeake has announced that it will spend around $3.5 to $4 billion in gross capital expenditures this year, about 45% less than what it did last year. Lower capital expenditures mean lower investment in future production growth. Show More Summary
Bill Nygren, portfolio manager of the market-beating Oakmark Select (OAKWX) fund, doesn’t think the U.S. stock market is overpriced. He backed bank stocks, Chesapeake Energy (CHK) and Amazon (AMZN) on stage at the Morningstar Investment Conference on Thursday in Chicago. Show More Summary
The U.S. Energy Department announced Thursday today that it given final authorization for LNG exports from the Dominion Cove Point LNG Terminal located on the Chesapeake Bay in Lusby, Maryland. [...] The post U.S. Approves LNG Exports from Cove Point Terminal appeared first on gCaptain Maritime & Offshore News.
CEO Lawler: when "you're driving down a road and you hear that song, 'All About That Bass,' you ought to think about Chesapeake.