CHKAQ News and Press, Chesapeake Energy Corp.

Chesapeake Energy (CHKAQ) says it has successfully concluded its restructuring process and emerged from Chapter 11 bankruptcy.Under the court-approved plan, $7.8B of debt has been equitized, and the company's preferred and common equity interests have been cancelled.The company's new common s...

Chesapeake Energy (CHKAQ) says it is poised to emerge from Chapter 11 bankruptcy this month as a high-volume, low-cost natural gas producer with little drilling planned on its shale oil leases this year.The company says it will sell $1B in notes as part of its court-approved reorganization pl...

Chesapeake Energy's (CHKAQ) Chapter 11 reorganization plan was approved by the U.S. bankruptcy court in Houston today, giving lenders control of the company and ending a contentious trial.The judge dismissed arguments from some unsecured creditors that Chesapeake already had designed a 2019 d...

Permit issuance in the Marcellus shale has naturally tanked alongside driller curtailments. 2021 budgets have not been officially released for the entire sector but odds are high for a year-over-year decline in Appalachian gas production. Meanwhile, Haynesville activity has been r...

Williams (WMB) says the U.S. bankruptcy court approved the global resolution it reached last month with Chesapeake Energy (CHKAQ) as part of the latter's Chapter 11 bankruptcy restructuring process.Williams received a $112M payment from Chesapeake related to all pre-petition and past due rece...

PBA has a strong financial position which enables it to sustain its 7% dividend distribution. The perceived present value of the future dividend stream is bound to a perceived termination date related to the global transition to renewable energy. Return to investors is attractive,...

There is no doubt that many retail investors have entered the market ever since April and contributed to its rising hubris. However, they are not the ones driving the markets. One should still pay more attention to what institutional investors are doing. A sound investment strateg...

Sandridge is very cheap. Associated with value destruction despite new management. Huge natural gas price torque. For further details see: SandRidge Energy Offers Compelling Value And Natural Gas Torque

Shale has huge competition to fill remaining oil demand. Zero cash takeovers for Permian producers is a very bad signal for the rest of the industry. Debt-laden shale companies simply cannot pay down debt at likely demand and prices - a last wave of bankruptcies and takeunders is ...

Shareholders are still getting no recovery under the recently filed amended Ch.11 reorganization plan. Recovery estimates and financial projections were included in the updated disclosure statement. The long-term business model is based on a non-growth expectation. It seems re...