Chesapeake Energy Corp. (NYSE:CHK) today reported financial and operational results for the 2014 full year and fourth quarter and announced details of its 2015 Outlook and capital expenditure program. Highlights include: 2014 adjusted net income of $1.49 per fully diluted share and 2014 adjusted ebitda of $4.945 billion Average 2014 production of approximately 706,000 boe per day, an increase of 9% year over year [...]
OKLAHOMA CITY, Feb. 17, 2015 /PRNewswire/ -- American Energy Utica, LLC (AEU) and The Energy & Minerals Group (EMG) today responded to a meritless lawsuit commenced against AEU by Chesapeake Energy Corp. (NYSE: CHK). Chesapeake has erroneously included AEU and certain yet to be named investors in a lawsuit it filed today against certain entities owned or controlled by Aubrey K. McClendon including American Energy [...]
OKLAHOMA CITY, Feb. 17, 2015 /PRNewswire/ -- Aubrey K. McClendon and American Energy Partners, LP (AELP) today announced their intention to respond vigorously to a baseless legal action commenced by Chesapeake Energy Corp. (NYSE: CHK). When Mr. McClendon agreed to leave Chesapeake in January 2013, the company made a deal with him: first, the company promised he would be paid his compensation benefits as provided for in [...]
Chesapeake Energy Corp. (NYSE:CHK) has scheduled to release its 2014 fourth quarter and full year operational update and financial results before market open on Wednesday, February 25, 2015. A conference call to discuss the results has been scheduled for the same day at 9:00 am EST. The telephone number to access the conference call is 913-312-0708 or toll-free 888-656-7430. The passcode for the call is 6377709. We [...]
This notice relates to a proposed voluntary dismissal of a shareholder derivative action and is being given pursuant to an order of The U.S. District Court for the Western District of Oklahoma. The purpose of the notice is to advise Chesapeake shareholders that plaintiff, M. Lee Arnold, in the below referenced action wishes to voluntarily dismiss the case. Additional information on the action and right to intervene can be [...]
Editor Note: For more information about this release, please scroll to bottom. LONDON, December 23, 2014 /PRNewswire/ -- Investor-Edge has initiated coverage on the following equities: Chesapeake Energy Corp. (NYSE: CHK), Denbury Resources Inc. (NYSE: DNR), Halcon Resources Corporation (NYSE: HK), Matador Resources Company (NYSE: MTDR), and Talisman Energy Inc. (NYSE: TLM). Free research on these five companies can be [...]
Chesapeake Energy Corp. (NYSE:CHK) today announced the closing of its asset sale to Southwestern Energy Company (NYSE:SWN) and initiatives to further enhance shareholder value. Chesapeake closed the previously announced sale of its assets in the Southern Marcellus Shale and a portion of the Eastern Utica Shale to Southwestern for net proceeds of $4.975 billion. The $400 million adjustment to the previously reported [...]
Chesapeake Energy Corp. (NYSE:CHK) announced today that it closed on a new five-year, $4.0 billion senior unsecured revolving credit facility. The new facility replaces the existing $4.0 billion senior secured revolving credit facility that was scheduled to mature in December 2015. The aggregate commitments may be increased up to an additional $1.0 billion, and the new credit agreement matures December 15, 2019 with two [...]
Chesapeake Energy Corp. (NYSE:CHK) today announced that its Board of Directors has declared a $0.0875 per share quarterly dividend that will be paid on January 31, 2015 to common shareholders of record on January 15, 2015. In addition, Chesapeake’s Board has declared dividends on its outstanding convertible preferred stock issues, as stated below. ...
Chesapeake Energy Corp. (NYSE:CHK) today reported financial and operational results for the 2014 third quarter. Key information is as follows: Company reports adjusted net income of $0.38 per fully diluted share and adjusted ebitda of $1.236 billion Average production of approximately 726,000 boe per day increases 11% year over year, adjusted for asset sales Capital expenditures of $1.351 billion decrease 8% year [...]
Chesapeake Energy Corp. (NYSE:CHK) announced that it has executed a Purchase and Sale Agreement to sell assets in the Southern Marcellus Shale and a portion of the Eastern Utica Shale in West Virginia to Southwestern Energy Company (NYSE:SWN) (Southwestern) for aggregate proceeds of $5.375 billion. The transaction, which is subject to certain customary closing conditions, including the receipt of third-party consents [...]
Chesapeake Energy Corp. (NYSE:CHK) has scheduled to release its 2014 third quarter operational update and financial results before market open on Wednesday, November 5, 2014. A conference call to discuss the results has been scheduled for the same day at 9:00 am EST. The telephone number to access the conference call is 913-312-1469 or toll-free 888-601-3877. The passcode for the call is 2873261. We encourage those who [...]