Tag: chesapeake

Chesapeake names Anadarko executive as new CEO

Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO.  More »
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Chesapeake thinks it has 342 million barrels in Eagle Ford

Oklahoma-based Chesapeake Energy Corp. has drilled 600 Eagle Ford wells, so far.  More »
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Chesapeake registers a profit, despite troubles

Chesapeake Energy Corp. boosted production and reported better-than-expected earnings for the first quarter, despite continued struggles with debt.  More »

Chesapeake sues Cameron over fracking equipment

Cameron International Corp. is being sued by Chesapeake Energy Corp. for alleged wellhead equipment failure.  More »

Chesapeake founder to get $11 million as he builds new company

Chesapeake Energy Corp. former Chief Executive Officer Aubrey McClendon will be paid $11.1 million in cash after leaving the company he founded 24 years ago.  More »

Chesapeake sued for fixing prices, underpaying landowners

Chesapeake Energy Corp. allegedly manipulated prices and unlawfully passed on its drilling expenses to landowners, shortchanging them on royalty payments for drilling on their land, according to a lawsuit filed in federal court in Dallas.  More »

Chesapeake may still make early call without as much risk

Chesapeake Energy Corp. (CHK) still has the option to issue a notice by today to redeem $1.3 billion in bonds early, at par, after a judge ruled it would probably win in court over any demand to pay $400 million in extra interest.  More »

Natural gas hinders Chesapeake’s gains

Beleaguered Chesapeake Energy Corp. posted $940 million loss in 2012, as low natural gas prices dragged down its results throughout the year, the company reported Thursday. Its year-end results showed improvement, however, as the company posted a $257 million profit for the final quarter of 2012, a rebound from the previous three months when low natural gas prices led to a $2 billion loss.  More »

Chesapeake says CEO’s loans, emails, showed no wrongdoing

Chesapeake Energy confirmed Wednesday that its top executive had taken personal loans from financial institutions to which the company also owed money, but said a review of that and other dealings proved that there were no conflicts of interest or other wrongdoing.  More »

Contractor accuses embattled Chesapeake of skirting bills

Houston Chronicle columnist Loren Steffy finds that some contractors working for Chesapeake Energy in the Marcellus shale are having a hard time getting paid by the natural gas company.  More »

Low prices could hit exploration companies

Some companies have increased their investments in natural gas liquids, hoping higher prices would boost their returns. But the strategy has come back to haunt them.  More »

Chilly weather boosts Chesapeake stock

A cold snap in the Northeast has given investors an upbeat outlook on demand for natural gas.  More »
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