News: Chesapeake Energy Corp (CHK)

CHK on New York Consolidated

25.05USD
15 Sep 2014
Price Change (% chg)

$0.14 (+0.56%)
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$24.91
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Tue, Sep 9 2014

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Chesapeake Energy to face racketeering charges in Michigan trial

- Natural gas and oil producer Chesapeake Energy Corp must face trial on charges of felony racketeering and using false pretenses related to its land-leasing practices, a state judge has ruled.

Chesapeake Energy to face racketeering charges in Michigan trial

Sept 9 - Natural gas and oil producer Chesapeake Energy Corp must face trial on charges of felony racketeering and using false pretenses related to its land-leasing practices, a state judge has ruled.

Doubts return at SandRidge a year after CEO ousted by investors

HOUSTON - In June 2013, activist investors got the board of SandRidge Energy Inc to fire its CEO Tom Ward, arguing that he had mismanaged the Oklahoma City company and destroyed billions in shareholder value.

Chesapeake profit falls; output seen rising slightly

- Chesapeake Energy Corp on Wednesday reported a lower-than-expected quarterly profit on higher costs, but the second-largest U.S. producer of natural gas said it expected increased year-end output as more wells are connected to pipelines.

UPDATE 2-Chesapeake profit falls; output seen rising slightly

Aug 6 - Chesapeake Energy Corp on Wednesday reported a lower-than-expected quarterly profit on higher costs, but the second-largest U.S. producer of natural gas said it expected increased year-end output as more wells are connected to pipelines.

Chesapeake Energy quarterly profit lower

Aug 6 - Chesapeake Energy Corp, the second-largest U.S. producer of natural gas, on Wednesday reported a lower quarterly profit, citing a loss on the repurchase of debt and lower prices.

Chesapeake Energy to buy back $1.26 bln of preferred shares

- Chesapeake Energy Corp said it would spend $1.26 billion to buy back all the outstanding preferred shares issued by its CHK Utica unit, in a move to simplify its balance sheet and eliminate about $75 million in annual dividend payments.

UPDATE 2-Chesapeake Energy to buy back $1.26 bln of preferred shares

* Says prices fell for natural gas, natural gas liquids in Q2

Chesapeake Energy to buy back $1.26 bln of preferred shares

July 29 - Chesapeake Energy Corp said it would spend $1.26 billion to buy back all of the outstanding preferred shares issued by its CHK Utica unit to simplify its balance sheet and eliminate about $75 million in annual dividend payments.

Chesapeake faces trial on bid-rigging in Michigan lease sale

- A judge in Michigan has ruled that Oklahoma-based Chesapeake Energy Corp must face a criminal trial on a charge of bid-rigging with competitor Encana Corp at a 2010 state land lease auction, citing evidence of a conspiracy between the companies that drove state lease prices down sharply.

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