Shares of Chesapeake Energy Corp., the U.S. fracker preparing for a potential bankruptcy, are experiencing another wild session, plunging as much as 74% before trading was halted again on Tuesday. The Continue Reading
Chesapeake Energy Corp. is preparing a potential bankruptcy filing that could hand control of one of the leading lights of the U.S. shale revolution to senior lenders, according to people Continue Reading
Chesapeake Energy spearheaded the shale revolution a decade ago that ushered in an era of US energy independence, embodying a period of corporate extravagance as it rose to become a Continue Reading
Heading into the first quarter earnings season, analysts were clear. They wanted no surprises from pure play shale gas drillers — no new spending, no new debt, no mergers and Continue Reading
The outlook for the company’s debt restructuring effort is teetering. Shares of Chesapeake Energy Corp. slid almost six percent in premarket trading on Monday, after the company added a going Continue Reading
Chesapeake Energy Corp said on Monday it was unable to access financing and was considering a bankruptcy court restructuring of its over $9 billion debt if oil prices don’t recover Continue Reading
Royal Dutch Shell announced this week that it was selling its Appalachia shale gas assets for $541 million in a transaction that wouldn’t have caught much attention if it weren’t Continue Reading
Chesapeake Energy Corp ( CHK.N ), the oil and gas exploration and production company that was at the forefront of the past decade’s U.S. shale boom, is preparing a potential Continue Reading
The last time the global economy was in free fall, an economic savior showed up in southwestern Pennsylvania. Energy companies, which had discovered a way to get at the state’s Continue Reading
Chesapeake Energy Corp, the oil and gas exploration and production company that helped spearhead the U.S. shale revolution, has tapped debt restructuring advisers amid a rout in energy prices, people Continue Reading
