CHKVQ News and Press, Chesapeake Energy Corp. 5.75% PRF PERPETUAL USD 1000 - Ser A

Summary The Strategic Petroleum Reserve releases by the Biden administration are draining US inventories and artificially depressing prices. Domestic demand has marched steadily higher over the years. We could see a whiplash rebound in prices when SPR releases end in Nove...

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...

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...