Following its fourth-quarter earnings results, investment bank UBS downgrades Chesapeake Energy and slashes its price target. Is this move merited, or is pessimism surrounding Chesapeake already baked in?
Chesapeake Energy Corporation missed estimates and plans to slow down growth in 2015 due to the impact of weak oil prices.
(Reuters) - Chesapeake Energy Corp on Wednesday said it would slash its 2015 spending in response to low crude oil prices and reported a fourth-quarter profit compared with a year-earlier loss as results were boosted by hedging gains. Show More Summary
Chesapeake Energy has sued its former CEO, Aubrey McClendon, for allegedly stealing its trade secrets in the months between his resignation and the formation of his new company, American Energy Partners. To defend itself outside of the...Show More Summary
Chesapeake Energy Corporation is now suing its founder for stealing trade secrets, which he allegedly used to start his new energy company.
Former CEO has since deployed $7 billion in capital at his new company American Energy Partners.
OKLAHOMA CITY (Reuters) - Chesapeake Energy Corp filed suit Tuesday alleging that its founder and former chief executive, Aubrey K. McClendon, stole confidential company data during his last months on the job in order to launch his new oil and gas empire. Show More Summary
The streaking Memphis Grizzlies will look to maintain their strong play when they travel to Chesapeake Energy Arena to take on the Oklahoma City Thunder Wednesday night. The Grizzlies have won 10 of their last 11 games and 14 of their last 16, including an 85-74 win over the Thunder back on Jan. Show More Summary
Welp, that was predictable. The Clippers lost Blake Griffin to a staph infection and were routed by the Oklahoma City Thunder, 131-108, Sunday at Chesapeake Energy Arena. Here are five takeaways from the game:
Six players reached double figures for the Oklahoma City Thunder, who torched the Los Angeles Clippers 131-108 Sunday afternoon at Chesapeake Energy Arena. Kevin Durant scored a game-high 29 points, while OKC's bench outscored Los Angeles' reserves 61-41. Show More Summary
Chesapeake Energy Corporation is in a prime position to pounce thanks to its financial strength.
It depends on whether the company is getting a good enough bargain on the stock it buys. So let's crunch some numbers.
Kevin Durant scored 36 points, Russell Westbrook posted a triple-double with 17 points, 17 assists and 15 rebounds and the Oklahoma City Thunder defeated the Golden State Warriors, 127-115, at Chesapeake Energy Arena Friday night, snapping...Show More Summary