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CHKVQ - What Does Chesapeake Energy Mean For Energy Transfer?
Chesapeake Energy Corp. 5.75% PRF PERPETUAL USD 1000 - Ser A
Chesapeake Energy (OTCPK:CHKAQ) has become one of most famous energy industry bankruptcies, with its share price dropping from a split adjusted $12,500 in 2008 to less than $ 4 / share currently. Now, the company, with $7 billion in debt, has asked the U.S. bankruptcy court to cancel a $300 million contract with Energy Transfer (NYSE: ET).
Let's look into the specifics of what Chesapeake Energy is seeking to cancel. The company is planning to cancel a $300 million contract natural gas contract along with
