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Chesapeake Energy Suspends Dividend Payments

2015-07-21 17:48:21| Energy - Topix.net

Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said on Tuesday it will suspend dividend payments starting in the current quarter to save up to $240 million a year. The company, which like other oil and gas producers has been hurt by a drop in prices, had planned to pay an annual dividend of 35 cents per share.

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Stock Charts Say Avoid Chesapeake Energy This Summer

2015-07-09 04:02:15| Appliances - Topix.net

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Chesapeake Energy (CHK) Stock Falls on Lower Oil Prices

2015-07-06 18:04:50| Oil & Gas - Topix.net

WTI crude oil for August delivery was down 4.02% to $54.64 a barrel Monday morning, and Brent crude oil for August delivery was down 2.16% to $59.02 a barrel. Oil prices fell to three-month lows today due to worries about China's stock market and the chance of higher oil exports from Iran, according to the Wall Street Journal .

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Chesapeake Energy sells Oklahoma assets for $840 million to Denver driller

2015-07-02 20:27:49| Energy - Topix.net

Denver-based FourPoint Energy LLC will pay $840 million for assets owned by two subsidiaries of Chesapeake Energy Corp. - boosting the private oil and gas exploration company's position in Oklahoma's Western Anadarko Basin. The $840 million purchase price actually covers three transactions involving FourPoint, led by president and CEO George Solich , for the assets of Chesapeake Exploration LLC and CHK Cleveland Tonkawa LLC, two subsidiaries of Oklahoma City-basked Chesapeake Energy "It was a very challenging deal to do but we're excited that we're signed," Solich told the Denver Business Journal on Wednesday.

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Chesapeake Energy (CHK) Stock Up as Oil Prices Rally

2015-05-30 20:12:53| Oil & Gas - Topix.net

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