Chesapeake Energy Corp (CHK)
22 Jul 2016
Latest Key Developments (Source: Significant Developments)
Chesapeake Energy Corp:Declared a $0.0875 per share quarterly dividend that will be paid on Oct. 31 to common shareholders of record on Oct. 15. Full Article
Chesapeake Energy Corp:Anticipates to see FY 2014 production growth in the 9pct to 12pct range as previously forecasted. Full Article
Exterran Partners LP:Announced that Exterran Partners has completed its previously announced acquisition of natural gas compression assets from MidCon Compression, L.L.C., a subsidiary of Chesapeake Energy Corporation.For about $135 million.Assets acquired include 162 compression units, with a total horsepower of about 110,000. Full Article
Chesapeake Energy Corp:Increases the midpoint of its expected FY 2014 daily production rate outlook by 10,000 boe, or 1.5pct, to between 685,000 and 705,000 boe per day. Full Article
The retirement plan at Chesapeake Energy Corp, which has suffered heavy losses from big allocations in company stock, is being partially terminated after significant employee reductions at the company.