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Chesapeake Energy Corp (CHK.N)

CHK.N on New York Stock Exchange

4.09USD
17 Jan 2018
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$-0.05 (-1.21%)
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Latest Key Developments (Source: Significant Developments)

Appaloosa Lp cuts share stake in Chesapeake, Bank of America
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - :Appaloosa Lp cuts share stake in Chesapeake Energy Corp to 766,000 shares from 3.6 million shares - sec filing.Appaloosa Lp cuts share stake in Bank of America Corp by 27.9 percent to 6.3 million shares.Appaloosa Lp cuts share stake in PNC Financial Services Group Inc by 48.2 percent to 922,510 shares.Change in holdings are as of September 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Chesapeake Energy Q3 adjusted earnings per share $0.12
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corporation reports 2017 third quarter financial and operational results.Q3 adjusted earnings per share $0.12.Q3 loss per share $0.05.Q3 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.Chesapeake Energy Corp - ‍on track to meet goal of averaging 100,000 barrels of oil per day in 2017 Q4​.Chesapeake Energy Corp - ‍"as of today, we anticipate spending less capital in 2018 than 2017"​.Chesapeake Energy Corp - qtrly total revenue $1,943 million versus $2,276 mln‍​.Chesapeake Energy Corp - ‍​ qtrly total production of 542 MBOE/day versus 638 MBOE/day.Chesapeake Energy Corp - ‍​expects to place on production up to 73 wells in the eagle ford in the 2017 fourth quarter.Chesapeake Energy Corp sees FY ‍ total absolute production of 194.0 mmboe - 199.0 mmboe​.Chesapeake Energy Corp sees FY ‍total capital expenditures $2,300 million - $2,500 million.Chesapeake Energy-qtrly average daily production consisted of about 86,000 barrels of oil, 2.382 billion cubic feet of natural gas & 58,600 bbls of NGL.Q3 earnings per share view $0.11, revenue view $2.07 billion -- Thomson Reuters I/B/E/S.  Full Article

Chesapeake Energy Corp announces final results of cash tender offers
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corp announces final results of cash tender offers for senior notes and senior secured second lien notes.  Full Article

Chesapeake Energy says co, guarantors issued $300 mln 8 pct senior notes due 2025 & $550 mln 8 pct senior notes due 2027
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Chesapeake Energy Corp :Chesapeake Energy Corp - co, guarantors issued $300 million 8.00% senior notes due 2025 & $550 million 8.00% senior notes due 2027 - SEC filing‍​‍​.Chesapeake Energy-in connection with issuance, co, Morgan Stanley & Co entered 1 registration rights agreement each with respect to 2025 notes,2027 notes​.  Full Article

Chesapeake Energy's lenders reaffirm $3.8 bln borrowing base
Monday, 19 Jun 2017 

June 19 (Reuters) - Chesapeake Energy Corp :Chesapeake energy - lenders reaffirmed $3.8 billion borrowing base under co's senior revolving credit agreement, dated Dec 15, 2014 effective as of June 15.  Full Article

Omega Advisors cuts share stake in Alphabet, Microsoft; dissolves in Chesapeake Energy
Tuesday, 14 Feb 2017 

Omega Advisors Inc : Omega Advisors Inc takes share stake of 50,000 shares in Bluebird Bio Inc - SEC filing . Omega Advisors Inc dissolves share stake in Electronic Arts Inc . Omega Advisors Inc dissolves share stake in Chesapeake Energy Corp . Omega Advisors Inc ups share stake in Time Inc to 3.9 million shares from 903,500 shares . Omega Advisors Inc cuts share stake in Alphabet Inc by to 139,395 Class A shares from 161,156 Class A shares .Omega Advisors Inc cuts share stake in Microsoft Corp by 23.5 percent to 803,620 shares from 1.1 million shares.  Full Article

Omega Advisors Inc cuts share stake in Facebook, Delta Air Lines - SEC filing
Tuesday, 14 Feb 2017 

Omega Advisors Inc : Omega Advisors Inc dissolves share stake of 273,650 shares in Chesapeake Energy Corp - SEC Filing . Omega Advisors Inc cuts share stake in Facebook Inc to 68,800 class A shares from 278,100 class A shares . Omega Advisors Inc cuts share stake in Delta Air Lines Inc to 75,600 shares from 976,400 shares .Omega Advisors Inc - Change in holdings are as of Dec 31, 2016 and compared with the previous quarter ended as of Sept 30, 2016.  Full Article

Southeastern Asset Management reports 5.7 pct stake in Chesapeake Energy
Friday, 10 Feb 2017 

Southeastern Asset Management Inc: Southeastern Asset Management Inc reports a 5.7 percent passive stake in Chesapeake Energy Corp as of Dec 31, 2016 - SEC filing .Southeastern Asset Management Inc had previously reported a 10.6 percent passive stake in Chesapeake Energy Corp as of Sep 30, 2016 - SEC filing.  Full Article

Chesapeake Energy says closed a private placement of $1.25 bln of unsecured convertible senior notes
Wednesday, 5 Oct 2016 

Chesapeake Energy Corp : Chesapeake energy corp says provided an update on significant improvements in its capital structure following recent transactions . As a result of exchange transactions, common shares currently outstanding are about 886 million, before giving effect to future dilution . With cash proceeds from convertible note offering, taken measures to provide excess liquidity to address remaining maturities of debt through 2018 . Company closed a private placement of $1.25 billion of unsecured convertible senior notes . Company's cash on hand as of september 30, and pro forma for convertible debt issuance, was approximately $1.0 billion .Closed privately negotiated purchase and exchange agreements under which co exchanged about 110.3 million shares of common stock.  Full Article

S&P upgrades Chesapeake Energy Corp. to 'CCC+' from 'SD'; Outlook negative; Proposed convertible notes rated
Thursday, 29 Sep 2016 

S&P Global Ratings: S&P - Chesapeake Energy Corp. upgraded to 'CCC+' from 'SD'; Outlook negative; Proposed convertible notes rated . S&P on Chesapeake Energy - Upgrade reflects improving liquidity and our expectation that its credit measures will strengthen over the next 12-18 months . S&P on Chesapeake - Negative rating outlook reflects co's still-high debt leverage, expectation for significant negative free cash flow .S&P on Chesapeake - Negative rating outlook also reflects co's heavy, albeit much improved, debt maturity schedule through 2019.  Full Article

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U.S. oil industry set to break record, upend global trade

HOUSTON Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.