United States

Chesapeake Energy

Chesapeake warns of modest 2018 production growth


U.S. natural gas producer Chesapeake Energy Corp on Thursday missed Wall Street's quarterly revenue estimates and warned of flat-to-modest production growth next year, sending its shares down as much as 8 percent.

Chesapeake Energy sees volume dip with Houston refineries offline

HOUSTON Chesapeake Energy Corp said on Monday its production volumes will be restrained until refineries in Houston and the U.S. Gulf Coast come back online after Tropical Storm Harvey.

Chesapeake Energy idles Eagle Ford operations due to Hurricane Harvey

HOUSTON Chesapeake Energy Corp said on Friday it has suspended drilling and completion of new wells in the Eagle Ford shale for at least the weekend, and has also evacuated staff, as Hurricane Harvey makes landfall along the Texas coast.

Chesapeake to sell Haynesville asset for $450 million to Indigo Minerals LLC

Chesapeake Energy Corp , the second largest U.S. producer of natural gas, said on Monday that it would sell a part of its acreage in the Haynesville Shale area for $450 million to a private company, which Reuters sources revealed as Indigo Minerals LLC, a competing natural gas producer.

A Texas unicorn preps for a rare oil IPO

Double Eagle Energy Permian LLC is a unicorn roaming the barren landscape of West Texas.

Chesapeake receives DoJ subpoena on accounting for asset purchase

Chesapeake Energy Corp said it received a subpoena from the U.S. Department of Justice seeking information on the accounting methodology for the acquisition and classification of oil and gas properties.

Icahn nominee resigns from Chesapeake board; shares tumble

Chesapeake Energy Corp said on Tuesday that two directors, including a representative of activist investor Carl Icahn, resigned on Monday, a week after Icahn more than halved his stake in the natural gas producer.

Oklahoma judge OKs McClendon land sale, freeing Thunder stake

OKLAHOMA CITY/NEW YORK The judge overseeing Aubrey McClendon's estate approved a land deal on Friday that will pay off one of the late energy magnate's major creditors, paving the way for the sale of his stake in professional basketball team the Oklahoma City Thunder.

Chesapeake Energy raises asset sales target for 2016

Debt-laden Chesapeake Energy Corp , the No.2 U.S. natural gas producer, raised its asset sales target and production forecast for the year, keeping its capital budget unchanged.

Chesapeake sued for allegedly rigging U.S. oil, natgas leases

Investors who sold oil and natural gas land leases to Chesapeake Energy Corp and now-bankrupt SandRidge Energy Corp sued Chesapeake and Tom Ward, SandRidge's former CEO, alleging that they conspired to depress the market for those leases.



Beneath the surface

A look at loans made to Chesapeake Energy CEO Aubrey McClendon.  View graphic 


Impenetrable Chesapeake

Breakingviews columnists discuss the echoes of Enron in the complexity of Chesapeake Energy as the company struggles with a governance scandal.  Full Coverage