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Tag Archives: Chesapeake

Chesapeake Energy stock up 8% as Morgan Stanley says she can manage debt

The shares of Chesapeake Energy Corp. rose 8% on Wednesday, as the natural gas producer stepped up its mitigation efforts and analysts at Morgan Stanley said they expected the company to "successfully manage" a potential breach in some of its debt obligations. A close in the black would trigger a six-day loss series that more than halved Chesapeake's share price …

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Chesapeake Energy says top investors have been distributing stocks, stocks rebounding in late trading

Chesapeake Energy Corp. CHK, -17.07% explained one possible reason for the recent sharp decline in its beleaguered stock late Tuesday, with stocks trading higher in late trading. In a press release, the company announced that NGP Energy Capital Management LLC has distributed its 310.8 million shares to the mutual fund partners NGP manages before opening Tuesday. According to FactSet, the …

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Chesapeake announces that NGP shares have been distributed to partners by top investors

(Bloomberg) – Chesapeake Energy Corp., the US natural gas producer suffering from heavy debt and low prices, said its second-largest investor had split its stake in its limited partners. NGP Energy Capital Management LLC "has made a pro-rata distribution of the shares to the partners of its funds," Chesapeake from Oklahoma City said in a statement in late Tuesday. The …

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2 dead after helicopter crash in Chesapeake Bay

A pilot and a passenger are dead after a helicopter crashed in Chesapeake Bay on Saturday. A pilot and a passenger are dead after a helicopter crashed on Saturday in Chesapeake Bay. The pilot was identified as Charles Knight, 38, of Mount Airy, Maryland; The passenger was Matt Clark, 36, from Pasadena, Maryland, NBC Washington Reports. They were at 20 …

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2 bodies found after the helicopter crashed into Chesapeake Bay

Emergency workers found the bodies of two missing men after a helicopter crashed Saturday off the coast of Maryland. The bodies were recovered from the rubble on Saturday night in Chesapeake Bay. The weather in the area was very foggy and rainy, although the cause of the crash is being investigated. "The wreck was found in about 55 feet of …

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Helicopter crash in Maryland: Two men missing in Chesapeake Bay

The helicopter crashed at 12:30. About a mile south of Kent Island, Maryland, Corinne Zilnicki, Coast Guard 2nd Class Officer, said. The cause of the crash is unknown. A brother of one of the men was "boating nearby" when he saw the crash and notified the Coast Guard did not locate the men, said Scott Wheatley, deputy chief of Queen …

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Chesapeake Energy plans to sell Utica Shale shares for $ 2 billion

HOUSTON (Reuters) – The Chesapeake Energy Corp. ( CHK.N ) plans to sell its entire Ohio natural gas area to privately owned Encino Acquisition Partners for approximately $ 2 billion, the company said Thursday. Chesapeake Energy Corporation's 50-hectare campus will be seen on April 17, 2012 in Oklahoma City, Oklahoma. REUTERS / Steve Sisney Oklahoma City-based oil and gas producer …

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Chesapeake beats on profit as the combined costs fall

(Reuters) – Chesapeake Energy Corp's quarterly earnings ( CHK.N ) surpassed analyst estimates on Wednesday, as more oil and natural gas were produced at higher prices, while costs were further reduced around the company 3 percent higher. FILE PHOTO – Chesapeake Energy Corporation's 50-hectare campus will be seen on April 17, 2012 in Oklahoma City, Oklahoma, USA. REUTERS / Steve …

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Chesapeake High School students welcomed with signs of equality through local community

GLEN BURNIE, Md. – The community of Pasadena gathered for Chesapeake High School students with signs bearing messages such as "Be nice to each other" and "Silence no more" after several racist incidents at school , Protesters said they had enough. Students arriving at Chesapeake High School on Monday morning were greeted with positive messages by parents and affected community …

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