CHKAQ News and Press, Chesapeake Energy Corp. From 10/14/20

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...

Courtesy : The financial Investment Thesis Oklahoma City-based Chesapeake Energy ( CHKAQ ) and 40 affiliates have voluntarily filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas on June 28, 2020. The filing came with a Restructur...

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 ...

On Monday, August 3, 2020, independent exploration & production company Continental Resources, Inc. ( CLR ) announced its second quarter 2020 earnings results. Admittedly, nobody expected these results to be good but these were especially disappointing and the market sent the stock plung...

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