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Chesapeake Energy, a pioneer in the U.S. shale revolution, files for bankruptcy protectionChesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday. yatesinvesting
Source: CNBC - 🏆 12. / 72 Read more »
Shale pioneer Chesapeake Energy files for bankruptcyChesapeake Energy Corp filed for Chapter 11 on Sunday, becoming the largest U.S. oil and gas producer to seek bankruptcy protection in recent years as it bowed to heavy debts and the impact of the coronavirus outbreak on energy markets. Shambles TurkyIsbombingkurdistan TurkeyInvadesKurdstan and killing civilians. Look up into the sky... that big red thing... it might of helped you if you listened. I do feel horrible for the people who work there though, please look into renewable energy employment.
Source: Reuters - 🏆 2. / 97 Read more »
Chesapeake Energy's bankruptcy delivers hit to reeling pipeline, service firmsChesapeake Energy Corp's bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and corporate filings. This picture is the exact opposite of a Falcon 9. Chesapeake, the sixth-largest U.S. natural gas producer, sought protection from creditors on Sunday in U.S. Every pipeline and service firm that deals with CHK has seen this coming for years, and has been planning accordingly. Some clarity and resolution will actually be a welcome relief.
Source: Reuters - 🏆 2. / 97 Read more »
Fracking pioneer Chesapeake Energy files for bankruptcyChesapeake Energy Corp. said Sunday that it had filed for bankruptcy protection as an oil- and gas-price rout stoked by the coronavirus pandemic proved to be... The market gives and the market takes away Corporations should put $$$ in an escrow so when they inevitably go tits-up, there's enough to pay their debt....or collect from shareholders who filled their pockets along the way. Corps should never ever be bailed out by govts with public funds!! Good riddance
Source: MarketWatch - 🏆 3. / 97 Read more »
Fracking pioneer Chesapeake Energy files for bankruptcyFrom 2010 to 2012, the company spent $30 billion more in drilling and leasing than it made from its operations. This calls for celebration 🎉 Good but hope they are forced to clean up there mess first. Good news!
Source: NBCNews - 🏆 10. / 86 Read more »
Chesapeake Energy files for bankruptcy protection on low energy demand - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. $chk Oil price will boom after the corona died
Source: BusinessInsider - 🏆 729. / 51 Read more »