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Chesapeake Energy Corp (CHKDH.PK)

CHKDH.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Appaloosa Lp cuts share stake in Chesapeake, Bank of America
Tuesday, 14 Nov 2017 09:29am EST 

Nov 14 (Reuters) - :Appaloosa Lp cuts share stake in Chesapeake Energy Corp to 766,000 shares from 3.6 million shares - sec filing.Appaloosa Lp cuts share stake in Bank of America Corp by 27.9 percent to 6.3 million shares.Appaloosa Lp cuts share stake in PNC Financial Services Group Inc by 48.2 percent to 922,510 shares.Change in holdings are as of September 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Chesapeake Energy Q3 adjusted earnings per share $0.12
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corporation reports 2017 third quarter financial and operational results.Q3 adjusted earnings per share $0.12.Q3 loss per share $0.05.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Chesapeake Energy Corp - ‍on track to meet goal of averaging 100,000 barrels of oil per day in 2017 Q4​.Chesapeake Energy Corp - ‍"as of today, we anticipate spending less capital in 2018 than 2017"​.Chesapeake Energy Corp - qtrly total revenue $1,943 million versus $2,276 mln‍​.Chesapeake Energy Corp - ‍​ qtrly total production of 542 MBOE/day versus 638 MBOE/day.Chesapeake Energy Corp - ‍​expects to place on production up to 73 wells in the eagle ford in the 2017 fourth quarter.Chesapeake Energy Corp sees FY ‍ total absolute production of 194.0 mmboe - 199.0 mmboe​.Chesapeake Energy Corp sees FY ‍total capital expenditures $2,300 million - $2,500 million.Chesapeake Energy-qtrly average daily production consisted of about 86,000 barrels of oil, 2.382 billion cubic feet of natural gas & 58,600 bbls of NGL.Q3 earnings per share view $0.11, revenue view $2.07 billion -- Thomson Reuters I/B/E/S.  Full Article

Chesapeake Energy Corp announces final results of cash tender offers
Thursday, 26 Oct 2017 07:00am EDT 

Oct 26 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corp announces final results of cash tender offers for senior notes and senior secured second lien notes.  Full Article

Chesapeake Energy says co, guarantors issued $300 mln 8 pct senior notes due 2025 & $550 mln 8 pct senior notes due 2027
Thursday, 12 Oct 2017 04:43pm EDT 

Oct 12 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corp - co, guarantors issued $300 million 8.00% senior notes due 2025 & $550 million 8.00% senior notes due 2027 - SEC filing‍​‍​.Chesapeake Energy-in connection with issuance, co, Morgan Stanley & Co entered 1 registration rights agreement each with respect to 2025 notes,2027 notes​.  Full Article

Chesapeake Energy announces private placement of $750 mln senior notes
Wednesday, 27 Sep 2017 07:25am EDT 

Sept 27 (Reuters) - Chesapeake Energy Corp ::Chesapeake energy corporation announces private placement of $750,000,000 of senior notes.Says commenced private placement​ of ‍$750 million additional 8.00% senior notes due 2025, 8.00% senior notes due 2027.Says ‍intends to use net proceeds from offering to finance tender offers for certain of its senior notes​.Says ‍new 2027 notes will be an additional issuance of Chesapeake's outstanding 8.00% senior notes due 2027​.Says ‍new 2025 notes will be additional issuance of outstanding 8.00% senior notes due 2025, issued in December 2016.Says ‍new 2027 notes to be issued & previously issued senior notes due 2027 will be treated as single class of notes under indenture​.  Full Article

Chesapeake Energy Corporation provides 2017 third quarter update
Tuesday, 26 Sep 2017 07:00am EDT 

Sept 26 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corporation provides 2017 third quarter update.Chesapeake Energy Corp - ‍average 2017 Q3 oil production estimate of 86,000 barrels per day​.Average 2017 Q3 oil production estimate of 86,000 barrels per day.Chesapeake Energy Corp - ‍with delays largely mitigated, chesapeake expects 2017 Q4 oil production to average approximately 100,000 barrels of oil per day​.Chesapeake Energy - ‍disruptive weather, closed asset sales, changes in capital allocation result in adjusted average Q3 production estimate of about 542,000 BPD.Anticipate our volumes will continue to grow substantially in 2017 Q4.Chesapeake Energy Corp - ‍we plan to place 120 to 130 new wells into production in 2017 Q4, primarily in Eagle Ford and Powder River Basin​.Chesapeake Energy Corp - ‍now project that our oil volumes will average approximately 100,000 barrels per day for 2017 Q4​.Chesapeake Energy - ‍Q3 production estimate hurt by operational delays, curtailments due to hurricane harvey, closed asset sales and capital allocation adjustments.Chesapeake Energy Corp - as of September 25, 2017, sees adjusted production growth ‍​for year ending Dec 31, 2017 down 1% to up 1%.Chesapeake Energy Corp - as of September 25, 2017, sees total absolute production ‍​for year ending Dec 31, 2017 of 194.0 mmboe - 199.0 MMBOE.Chesapeake Energy Corp - as of September 25, 2017, sees total capital expenditures ‍​for year ending Dec 31, 2017 of $2.1 billion to $2.5 billion.  Full Article

Soros Fund Management dissolves share stake in Chesapeake, Honeywell
Monday, 14 Aug 2017 05:26pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Dissolves share stake in Chesapeake Energy - SEC filing.Takes share stake in General Mills of 365,493 shares.Dissolves share stake in Honeywell International.Dissolves class B share stake in Molson Coors Brewing Co.Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017​.  Full Article

Appaloosa LP takes share stake in Chesapeake, Peabody, Wells Fargo
Monday, 14 Aug 2017 04:46pm EDT 

Aug 14 (Reuters) - Appaloosa LP::Appaloosa LP takes share stake of 3.6 million shares in Chesapeake Energy Corp - SEC filing‍​.Appaloosa LP takes share stake of 1 million shares in Peabody Energy Corp - SEC filing‍​.Appaloosa LP takes share stake of 681,463 shares in Wells Fargo & Co - SEC filing‍​.Appaloosa LP dissolves share stake in Symantec Corp - SEC filing‍​.Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017 ​‍​.  Full Article

Chesapeake Energy expects to exceed goal of 100,000 barrels of oil/day prior to yr-end
Thursday, 3 Aug 2017 07:26am EDT 

Aug 3 (Reuters) - Chesapeake Energy Corp ::Chesapeake Energy's CEO says "we expect to exceed our goal of 100,000 barrels of oil per day prior to year-end" - conf call.Chesapeake Energy says expects expenses to fall in second half of the year - conf call.Chesapeake Energy says may deploy less capital on rigs and allow more capital on other assets in 2018 - conf call.  Full Article

Chesapeake Energy Q2 earnings per share $0.47
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Chesapeake Energy ::Chesapeake energy corporation reports 2017 second quarter financial and operational results.Qtrly total revenue $‍2,281​ million versus $1,622 million.Q2 rev view $2.30 bln -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.47.Q2 revenue rose 41 percent.Q2 earnings per share view $0.14 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.18.Average 2017 q2 production of 527,600 boe per day, flat sequentially​.Average 2017 q2 oil production of 88,400 barrels per day, up 6% sequentially​.Qtrly ‍total production averaged approximately 548,300 boe per day, including a peak rate of 90,400 barrels of oil, in July​.Goal of reaching 100,000 barrels of oil per day by year-end on track​.Sees FY liquids absolute production ‍​ 52.5 mmbbls - 55.0 mmbbls.Expect total production to move "higher" throughout year​.Sees FY oil absolute production ‍​33.5 mmbbls - 35.0 mmbbls.Qtrly ‍average daily production consisted of approximately 88,400 barrels (bbls) of oil, 2.294 billion cubic feet (bcf) of natural gas ​.Qtrly ‍average daily production also consisted of approximately 56,900 bbls of natural gas liquids (ngl)​.Will remain "flexible" in capital spending program, both for remainder of 2017 and in 2018​.Sees FY capital expenditure $1,900 - $2,300 million.Says FY capex outlook of $1,900 million to $2,300 million, excludes capitalized interest of $200 mln.  Full Article

BRIEF-Appaloosa Lp cuts share stake in Chesapeake, Bank of America

* Appaloosa Lp cuts share stake in Chesapeake Energy Corp to 766,000 shares from 3.6 million shares - sec filing