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Chesapeake Energy Corp (CHK_pd.N)

CHK_pd.N on New York Stock Exchange

49.75USD
25 Sep 2017
Change (% chg)

$0.12 (+0.24%)
Prev Close
$49.63
Open
$49.70
Day's High
$50.50
Day's Low
$49.70
Volume
5,173
Avg. Vol
2,142
52-wk High
$68.00
52-wk Low
$36.57

Latest Key Developments (Source: Significant Developments)

Chesapeake Energy's lenders reaffirm $3.8 bln borrowing base
Monday, 19 Jun 2017 05:42pm EDT 

June 19 (Reuters) - Chesapeake Energy Corp :Chesapeake energy - lenders reaffirmed $3.8 billion borrowing base under co's senior revolving credit agreement, dated Dec 15, 2014 effective as of June 15.  Full Article

Omega Advisors cuts share stake in Alphabet, Microsoft; dissolves in Chesapeake Energy
Tuesday, 14 Feb 2017 10:55am EST 

Omega Advisors Inc : Omega Advisors Inc takes share stake of 50,000 shares in Bluebird Bio Inc - SEC filing . Omega Advisors Inc dissolves share stake in Electronic Arts Inc . Omega Advisors Inc dissolves share stake in Chesapeake Energy Corp . Omega Advisors Inc ups share stake in Time Inc to 3.9 million shares from 903,500 shares . Omega Advisors Inc cuts share stake in Alphabet Inc by to 139,395 Class A shares from 161,156 Class A shares .Omega Advisors Inc cuts share stake in Microsoft Corp by 23.5 percent to 803,620 shares from 1.1 million shares.  Full Article

Omega Advisors Inc cuts share stake in Facebook, Delta Air Lines - SEC filing
Tuesday, 14 Feb 2017 10:49am EST 

Omega Advisors Inc : Omega Advisors Inc dissolves share stake of 273,650 shares in Chesapeake Energy Corp - SEC Filing . Omega Advisors Inc cuts share stake in Facebook Inc to 68,800 class A shares from 278,100 class A shares . Omega Advisors Inc cuts share stake in Delta Air Lines Inc to 75,600 shares from 976,400 shares .Omega Advisors Inc - Change in holdings are as of Dec 31, 2016 and compared with the previous quarter ended as of Sept 30, 2016.  Full Article

Southeastern Asset Management reports 5.7 pct stake in Chesapeake Energy
Friday, 10 Feb 2017 05:18pm EST 

Southeastern Asset Management Inc: Southeastern Asset Management Inc reports a 5.7 percent passive stake in Chesapeake Energy Corp as of Dec 31, 2016 - SEC filing .Southeastern Asset Management Inc had previously reported a 10.6 percent passive stake in Chesapeake Energy Corp as of Sep 30, 2016 - SEC filing.  Full Article

Chesapeake Energy says closed a private placement of $1.25 bln of unsecured convertible senior notes
Wednesday, 5 Oct 2016 04:08pm EDT 

Chesapeake Energy Corp : Chesapeake energy corp says provided an update on significant improvements in its capital structure following recent transactions . As a result of exchange transactions, common shares currently outstanding are about 886 million, before giving effect to future dilution . With cash proceeds from convertible note offering, taken measures to provide excess liquidity to address remaining maturities of debt through 2018 . Company closed a private placement of $1.25 billion of unsecured convertible senior notes . Company's cash on hand as of september 30, and pro forma for convertible debt issuance, was approximately $1.0 billion .Closed privately negotiated purchase and exchange agreements under which co exchanged about 110.3 million shares of common stock.  Full Article

S&P upgrades Chesapeake Energy Corp. to 'CCC+' from 'SD'; Outlook negative; Proposed convertible notes rated
Thursday, 29 Sep 2016 01:47pm EDT 

S&P Global Ratings: S&P - Chesapeake Energy Corp. upgraded to 'CCC+' from 'SD'; Outlook negative; Proposed convertible notes rated . S&P on Chesapeake Energy - Upgrade reflects improving liquidity and our expectation that its credit measures will strengthen over the next 12-18 months . S&P on Chesapeake - Negative rating outlook reflects co's still-high debt leverage, expectation for significant negative free cash flow .S&P on Chesapeake - Negative rating outlook also reflects co's heavy, albeit much improved, debt maturity schedule through 2019.  Full Article

Chesapeake Energy says received DoJ subpoena seeking information on accounting methodology - SEC filing
Thursday, 29 Sep 2016 10:44am EDT 

Chesapeake Energy : Says received DoJ subpoena seeking information on accounting methodology for acquisition, classification of oil and gas properties and related matters- SEC filing . Also received DoJ, U.S. Postal Service and state subpoenas seeking information on royalty payment practices- SEC filing .Says engaged in discussions with DoJ, U.S. Postal Service and state agency representatives - SEC filing.  Full Article

Chesapeake energy entered privately negotiated purchase and exchange agreements
Thursday, 29 Sep 2016 09:20am EDT 

Chesapeake Energy Corp : As of Sept 29, co entered privately negotiated purchase and exchange agreements, co agreed to exchange 6.7 million shares - SEC filing .Also agreed to exchange $50.9 million of shares for 125,319 shares of 5.75%, 44,263 shares of 5.75% cumulative convertible preferred stock.  Full Article

Vincent J. Intrieri and John J. Lipinski resign from Chesapeake Energy board
Tuesday, 27 Sep 2016 07:04am EDT 

Chesapeake Energy Corp :Vincent J. Intrieri and John J. Lipinski informed co that they have resigned from board effective as of Sept 26 - SEC filing.  Full Article

Chesapeake Energy says increased tender Cap for notes maturing during & after 2019
Friday, 26 Aug 2016 07:00am EDT 

Chesapeake Energy Corp : Chesapeake energy corporation announces early results of cash tender offers for non-convertible senior notes .Says increased tender cap for notes maturing during and after 2019 from $250 million aggregate purchase price to $325 million.  Full Article

BRIEF-Chesapeake Energy appoints of Leslie Keating to board

* Chesapeake Energy Corporation announces the appointment of Leslie S. Keating to board of directors Source text for Eikon: Further company coverage: