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chesapeake

(Photographer: Eddie Seal, Bloomberg)

Moody’s places 120 oil and gas companies on review for downgrade

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The U.S. companies included oilfield services companies National Oilwell Varco and Weatherford International’s domestic arm as well as exploration and production businesses Chesapeake Energy Corp. and Vanguard Natural Resources.
Chesapeake CEO Doug Lawler speaks at the IHS CERAWeek energy conference in Houston on March 4, 2014. (Mayra Beltran/Houston Chronicle)

Chesapeake halts preferred stock dividends

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The move will save Chesapeake about $170 million a year, the Oklahoma City-based company said in a statement Friday. Chesapeake halted its quarterly common stock dividend in July for the first time in 14 years.
(Eddie Seal/Bloomberg News)

Carbo Ceramics suspends dividend in move to preserve cash

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As the oil crash continues to pinch budgets and spur a retreat from the oil patch, several companies have announced plans to decided to temporarily stop distributing a portion of earnings as they look for new ways to protect their bottom lines.
Pipe-line - 3

Chesapeake and Williams reach natural gas gathering deal

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The deal announced Tuesday will net Chesapeake cost savings by altering its fee structure with Williams in the two natural-gas rich regions.
(Photo: freegreatpicture.com)

Porter Hedges expands energy practice to Oklahoma

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Houston’s Porter Hedges opened an office in Oklahoma City and added four energy lawyers in the law firm’s first expansion outside of Texas.
The Dominion Liquified Natural Gas (LGN) facility in Cove Point, Md. A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking. Expanded More than 20 projects to export LNG are under review by the Energy Department. (AP Photo/Dominion)

Dominion Natural Gas exports plan gets federal OK

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In its decision, the Federal Energy Regulatory Commission concluded that the project would minimize potential adverse impacts on landowners and the environment.
A Chesapeake Energy storage tank near Dilley, Texas. (Pat Sullivan/AP)

Chesapeake profits down on natural gas glut

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Second-quarter net income plunged by more than half compared to a year earlier even as the company cut spending and raised production.
Doug Lawler, CEO of Chesapeake, is interviewed before participating in a panel during CERA Week at the Hilton Americas on March 4, 2014, in Houston. ( Mayra Beltran / Houston Chronicle )

Chesapeake boosting Wyoming holdings

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Chesapeake Energy Corp., the U.S. natural gas producer that almost ran out of money last year, is spending $1.71 billion to expand access to oil-soaked shale in Wyoming and buy back preferred shares that were a drain on cash.
(Photo: Williams Co.)

Williams buying rest of Access Midstream Partners for $6 billion

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The purchase from Global Infrastructure Partners II will increase William’s ownership to 100 percent of the general partnership and 50 percent of the limited partnership, Williams said in a statement.
Aubrey McClendon, owner of American Energy Partners (F. Carter Smith/Bloomberg)

Shale pioneer McClendon hires Chesapeake in Utica

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Aubrey McClendon, the pioneering shale wildcatter who helped usher in the U.S. energy renaissance, has hired the company that fired him to drill wells for his newest natural gas venture.