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By Joe Carroll, Bloomberg |
September 5, 2012
Chesapeake Energy Corp. CEO Aubrey McClendon will tout the company’s stock to Wall Street analysts and investors tomorrow as a board investigation of his personal finances enters its fifth month.
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By Joe Carroll, Bloomberg |
August 6, 2012
Slumping oil and natural-gas prices threaten to exacerbate a cash crunch at Chesapeake Energy Corp., adding to pressure on Chief Executive Officer Aubrey McClendon to sell oilfields from Texas to Ohio.
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By Joe Carroll, Bloomberg |
June 21, 2012
Chesapeake Energy Corp. named former ConocoPhillips Chairman Archie Dunham to lead its board as the second-largest U.S. natural-gas producer struggles with falling energy prices and mistrust of its management.
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By Joe Carroll, Bloomberg |
May 31, 2012
Chesapeake Energy Corp. must sell at least $7 billion in assets this year to avoid a credit downgrade and a breach of debt covenants, Moody’s Investors Service said.
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By Joe Carroll, Bloomberg |
May 1, 2012
Chesapeake Energy Corp. will name an independent chairman to replace Aubrey McClendon and halt an incentive program that allowed the chief executive officer to amass personal stakes in thousands of company-operated wells.
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By Joe Carroll, Bloomberg |
April 26, 2012
Chesapeake’s board backed away from a week-old endorsement of Chairman and CEO Aubrey McClendon’s practice of using personal stakes in company wells to secure loans, pledging now to investigate the transactions.
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By Joe Carroll, Bloomberg |
April 26, 2012
Exxon Mobil Corp., the world’s largest energy company by market value, said net income fell 11 percent as its biggest first-quarter production decline since 2008 wiped out most of the benefit of record oil prices.
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By Joe Carroll, Bloomberg |
April 23, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon has been adding oil fields to his personal holdings faster than he can find cash to drill them. He’s steering the company down the same road.
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By Joe Carroll, Bloomberg |
April 9, 2012
Chesapeake Energy Corp., the second- largest U.S. natural-gas producer, announced three separate deals for its oil and gas assets, raising about $2.6 billion to help fund development and cut debt.
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By Joe Carroll, Bloomberg |
March 12, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon is cultivating investors from Seoul to New Delhi eager to own natural gas that’s 85% cheaper than Middle East supplies.
