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Tag: chesapeake energy
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.
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
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.
Chesapeake Energy Cuts Debt By $900 Million In Fourth Quarter
2020-01-29 22:00:00| OGI
Chesapeake Energy said Jan. 29 it had cut debt by $900 million in the fourth quarter, easing some concerns that the natural gas producer might not be able to meet its loan covenants.
Tags: million
energy
fourth
quarter
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