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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 Carol Hymowitz and Joe Carroll, Bloomberg |
May 30, 2012
In 2009, investor Jeffrey Bronchick told directors of Chesapeake Energy Corp. that he was disgusted with their leadership.
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By Canaccord Genuity Morning Coffee |
May 15, 2012
Chesapeake Energy was in the green Monday after it received a new $3-billion loan and the "Wall Street Journal" said that Carl Icahn may take a stake in the company.
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By Joe Carroll and Jim Polson, Bloomberg |
May 2, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon told investors he’s “deeply sorry” for distractions surrounding his personal finances as shares fell the most in three years.
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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 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 Canaccord Genuity Morning Coffee |
April 19, 2012
Chesapeake Energy was deep in the red on Wednesday after a Reuters article indicated CEO Aubrey McClendon borrowed as much as $1.1 billion from three financial entities.
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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 Canaccord Genuity Morning Coffee |
March 2, 2012
Chesapeake Energy is seeking to reduce long-term debt from $10.6 billion at year-end 2011 to no more $9.5 billion at year-end 2012
