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Chesapeake Energy loses in bond dispute appeal

2014-11-25 21:02:42| Oil & Gas - Topix.net

Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals in New York reversed a May 2013 ruling by U.S. District Judge Paul Engelmayer, which followed a weeklong non-jury trial. ) that Chesapeake's March 15, 2013 notice to redeem its 6.775 percent notes maturing in 2019, in a bid to save more than $100 million of payments, was untimely.

Tags: energy bond appeal dispute

 

Chesapeake Energy loses in bond dispute appeal

2014-11-25 17:44:34| Energy - Topix.net

A divided federal appeals court in New York said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early because it waited too long to tell investors of its plans. Tuesday's 2-1 decision by the 2nd U.S. Circuit Court of Appeals reversed a May 2013 ruling by U.S. District Judge Paul Engelmayer.

Tags: energy bond appeal dispute

 
 

US indexes rise in early trading; Devon Energy, Chesapeake among early gainers

2014-11-05 17:18:07| Oil & Gas - Topix.net

Devon Energy rose 7 per cent and Chesapeake Energy jumped 6 per cent shortly after the opening bell Wednesday. Both reported earnings that were better than Wall Street analysts were expecting.

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Chesapeake Energy quarterly profit and output rise

2014-11-05 14:48:14| Energy - Topix.net

Profit rose to $169 million, or 26 cents per share, from $156 million, or 24 cents a share, a year earlier. Excluding one-time items that included costs to redeem preferred shares, Chesapeake had a profit of 38 cents per share.

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Chesapeake Energy sells more land in Fort Worth's Historic Stockyards

2014-10-27 12:53:32| Energy - Topix.net

Chesapeake Energy Corp. has sold more of its holdings in the Historic Stockyards District of North Fort Worth to a group of investors, the Fort Worth Star-Telegram reported. Oklahoma City-based Chesapeake sold 16.8 acres of land in the area to a group called Niles City Resort Ltd., the newspaper said.

Tags: land energy fort historic

 

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