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Category: Economics

Chesapeake turns to Jefferies’ Eads in $28 billion deals

When Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon went on an oil and natural gas buying spree, Ralph Eads was the banker who found the money to fund it.  More »
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Steffy: Is Chesapeake’s gunslinger-in-chief headed for the sunset?

Every gunslinger eventually reaches a sunset, and Aubrey McClendon’s may be approaching.  More »
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Amid adversity, Chesapeake offers daily tweet-spiration

Embattled Chesapeake Energy has been offering inspirational daily tweets as the company struggles with a falling stock price, weak natural gas prices and a wave of disclosures that has troubled investors and analysts.  More »
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Pickens sold half-million Chesapeake shares as stock plunged

T. Boone Pickens, the billionaire Texas hedge-fund manager, sold almost half a million shares in Chesapeake Energy during the past six weeks, as the stock fell 24 percent on investor reaction to natural-gas prices and potential management conflicts.  More »
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Chesapeake’s employees may be hit hardest by stock’s plunge

Chesapeake Energy’s employees are paying a high price for the company’s problems. Thousands of the company’s workers have retirement portfolios that are heavily invested in the company’s stock, which has fallen 40 percent in the past two months, Reuters reported.  More »
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Skepticism surrounds Chesapeake finances

A $3 billion loan late Friday and assurances from Chesapeake Energy Corp. executives Monday morning did little to assuage concerns by analysts and investors about the embattled natural gas company’s finances.  More »
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Carl Icahn: Chesapeake’s white knight?

Embattled Chesapeake Energy told analysts on a conference call this morning that it expects activist investor Carl Icahn to disclose a big stake in the Oklahoma City-based natural gas producer.  More »
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Another concern for Chesapeake investors: what if the Thunder rolls again?

Given all the disclosures bombarding Chesapeake Energy investors in recent weeks, basketball may be the farthest thing from their minds, but the company’s liabilities extend, literally, in the arena of professional sports.  More »
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Steffy: Chesapeake’s house of financial horrors

Chesapeake Energy’s best hope for survival, at least for the near future, may be the same muddled financial structure that has led to the company’s unraveling.  More »
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Everything’s Going A Bit Van Halen

You know those people that look at clouds and see shapes (no? oh, ok…), well recently every time I see charts of the latest economic data, I see the Van Halen logo. And it’s not even like I’m a Van Halen fan (I’m way too young, obviously). So to prove I am not one sandwich [...]  More »

What Is the Law’s Role in Offshore Drilling Safety?

As the OTC gets underway to record numbers here in Houston, one oft repeated phrase from industry and government is that safety should come first. James Watson, head of BSEE, also announced that the government plans to speed up its rulemaking on safety requirements by skipping the “notice of proposed rulemaking” stage and going straight [...]  More »

Sixel: Networking opportunities at OTC

Take advantage of several ready-made networking opportunities at OTC.  More »
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