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Chesapeake Energy Board OKs Reverse Stock Split as Shale Pioneer Faces Debt, Lawsuit

2020-04-14 22:30:00| OGI

A majority of Chesapeake Energy shareholders voted for a 1-for-200 reverse stock split expected to raise the companys share price and help the shale pioneer avoid delisting from the New York Stock Exchange.

Tags: board stock energy debt

 

Chesapeake Energy Hires Restructuring Advisers To Help With $9 Billion Debt

2020-03-17 20:00:00| OGI

The collapse in oil and weak gas prices has further crippled Chesapeake Energy, the shale energy pioneer already facing a $9 billion debt pile.

Tags: energy debt billion restructuring

 
 

TRF Invests $49M in Chesapeake, Va., Paper Recycling Facility

2020-03-03 09:00:00| Waste Age

Virginia successfully competed with Maryland and South Carolina for the project, which will create 68 new jobs.

Tags: paper facility recycling chesapeake

 

Chesapeake Energy 2020 Oil Production Plan Disappoints, Shares Slide

2020-02-26 21:00:00| OGI

Shale pioneer Chesapeake Energy has been shifting to higher-margin oil production in response to sliding gas prices caused by a global supply glut.

Tags: plan production energy oil

 

Chesapeake Energy, Others Sued In Fatal Texas Oil Well Blast

2020-02-05 21:30:28| OGI

The wrongful death suit seeks at least $1 million from Chesapeake Energy, Forbes Energy Services, Eagle Pressure Control and Halliburton Co.

Tags: well energy texas oil

 

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