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Tag: chesapeake energy
Chesapeake Energy has quarterly loss as oil price hurts
2015-05-06 14:14:30| Oil & Gas - Topix.net
Chesapeake had a first-quarter net loss of $3.78 billion or $5.72 per share, compared with a year-earlier profit of $374 million or 54 cents per share.
Chesapeake Energy will pay to settle Michigan lease probe
2015-04-25 00:00:55| Oil & Gas - Topix.net
Officials say an Oklahoma energy company has pleaded no contest to attempted antitrust violations in Michigan and agreed to pay $25 million to settle claims that it conspired to keep prices down during an auction for oil and gas leases. Michigan Attorney General Bill Schuette says it's a victory for property owners who "took deep hits" in the 2010 auction.
Tags: pay
energy
michigan
lease
Chesapeake Energy will pay to settle Michigan lease probe
2015-04-24 23:32:59| Energy - Topix.net
Officials say an Oklahoma energy company has pleaded no contest to attempted antitrust violations in Michigan and agreed to pay $25 million to settle claims that it conspired to keep prices down during an auction for oil and gas leases. Michigan Attorney General Bill Schuette says it's a victory for property owners who "took deep hits" in the 2010 auction.
Tags: pay
energy
michigan
lease
Low commodity prices force Chesapeake Energy to reduce 2015 capital budget
2015-03-25 01:00:00| Offshore Technology
Chesapeake Energy has reduced its 2015 capital budget from $3.5bn to $4bn for 2015 due to a low commodity price environment.
Tags: low
prices
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energy
Icahn raises stake in Chesapeake Energy to 11 percent
2015-03-24 06:23:50| Oil & Gas - Topix.net
Activist investor Carl Icahn raised his stake in Chesapeake Energy Corp to almost 11 percent even as the company continues to cope with low oil and gas prices. Icahn increased his stake to 10.98 percent from 9.98 percent with 73.05 million shares held in Chesapeake, according to a regulatory filing on Monday.
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