International Business News - Chesapeake http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of Chesapeake Energy Corp., the nation's largest producer of natural gas, fell nearly 17 percent Friday after the company said it plans to sell common shares to fund drilling and exploration activities and to guard against the effect of lower natural-gas prices on cash flow. http://www.ibtimes.com/articles/20081128/chesapeake-down-17-percent-after-shelf-filing.htm Fri, 28 Nov 2008 11:23:30 EST Chesapeake Energy Corp., the nation's largest producer of natural gas, seeks to raise up to $1.8 billion through common stock sales in an effort to fund its drilling and exploration activities and mitigate the impact of lower natural gas prices on cash flow. http://www.ibtimes.com/articles/20081127/chesapeake-energy-may-sell-1-8b-stock-to-get-cash.htm Thu, 27 Nov 2008 13:09:41 EST Chesapeake Energy has received $1.25 billion in cash, the first payment from a rights sale to Statoil Hydro that gives the Norwegian company access to the massive Marcellus Shale natural gas deposit. http://www.ibtimes.com/articles/20081125/chesapeake-lands-first-1-25b-in-marcellus-sale.htm Tue, 25 Nov 2008 08:38:57 EST Chesapeake Energy has closed a $3.37 billion sale on rights to the massive Marcellus Shale natural gas deposits in Appalachian region, the company said Tuesday. http://www.ibtimes.com/articles/20081125/chesapeake-closes-3-37-billion-marcellus-sale.htm Tue, 25 Nov 2008 19:30:36 EST Shares of Chesapeake Energy Corp., the nation's largest natural gas producer, tumbled Thursday as natural gas prices fell on a government report showing gas in storage far exceeded expectations last week. http://www.ibtimes.com/articles/20081120/chesapeake-energy-stock-falls-on-lower-gas-prices.htm Thu, 20 Nov 2008 15:01:45 EST Shares of Chesapeake fell along with the broader market on Tuesday, after the company announced the sale of a large stake of its gas assets, and analysts welcomed the news. http://www.ibtimes.com/articles/20081111/chesapeake-falls-following-asset-sale-announcement.htm Tue, 11 Nov 2008 13:11:20 EST Chesapeake Energy Corp. and Norwegian energy company Statoil Hydro announced Tuesday the formation of a strategic alliance to explore for unconventional natural gas opportunities worldwide and an agreement for a joint venture in large gas field in the eastern United States. http://www.ibtimes.com/articles/20081111/chesapeake-statoilhydro-announce-joint-venture.htm Tue, 11 Nov 2008 07:08:56 EST Market rumors persisted Thursday that Chesapeake Energy Corp. was being considered as a takeover target by London-based BP PLC, but several industry analysts said such a move is unlikely. http://www.ibtimes.com/articles/20081107/market-rumors-persist-about-chesapeake-takeover.htm Fri, 07 Nov 2008 08:34:37 EST Chesapeake Utilities Corp. said its board declared a regular quarterly dividend of 30.5 cents per share. The utility company said the dividend is payable Jan. 5 to shareholders of record on Dec. 15. http://www.ibtimes.com/articles/20081105/chesapeake-utilities-sets-30-5-cent-dividend.htm Wed, 05 Nov 2008 20:47:26 EST Chesapeake Energy says its third-quarter earnings surged on hefty oil and gas hedges, as well as rising natural gas production. Oklahoma City-based Chesapeake Energy Corp. says a gain of $2.8 billion from hedges on gas, oil and interest rates drove total profit after paying preferred dividends up to $3.31 billion, or $5.61 per share. That compares with profit of $346 million, or 72 cents per share, a year ago. http://www.ibtimes.com/articles/20081030/chesapeake-3q-earnings-spike-on-oil-and-gas-hedges.htm Thu, 30 Oct 2008 16:46:44 EDT Chesapeake Energy Corp. said Thursday that its adjusted third-quarter earnings rose 47 percent on rising natural gas production. The nation's largest natural gas producer said it made $486 million, or 85 cents a share, for the quarter ended Sept. 30, compared with $346.3 million, or 72 cents per share, a year ago. http://www.ibtimes.com/articles/20081030/chesapeake-earnings-rise-47-pct-in-3q.htm Thu, 30 Oct 2008 17:37:43 EDT Chesapeake Energy Corp. is to report third-quarter financial results after the market closes Thursday. Below is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081029/earnings-preview-chesapeake-energy-to-report-3q.htm Wed, 29 Oct 2008 14:38:42 EDT Chesapeake Energy Corp. said Thursday it has obtained a new bank credit facility that will initially make $460 million available for funding capital expenditures. http://www.ibtimes.com/articles/20081016/chesapeake-energy-gets-facility-for-460m.htm Thu, 16 Oct 2008 12:41:22 EDT The chief executive of the nation's largest producer of natural gas says he wants to begin rebuilding his stake in the company after being forced to sell nearly all of his shares to meet margin loan calls. http://www.ibtimes.com/data/articleimgs/162484-world-series-rays-phillies-baseball.jpg http://www.ibtimes.com/articles/20081015/chesapeake-ceo-promises-to-begin-rebuilding-stake.htm http://www.ibtimes.com/articles/20081015/chesapeake-ceo-promises-to-begin-rebuilding-stake.htm Wed, 15 Oct 2008 18:47:24 EDT Shares of Chesapeake Energy Corp., the nation's largest natural gas producer, continued their roller coaster ride Wednesday--tumbling again after the company cut its cash inflows outlook for the next two years on falling gas prices. http://www.ibtimes.com/articles/20081015/chesapeake-stock-tumbles-on-cash-flow-cut.htm Wed, 15 Oct 2008 18:43:50 EDT After a week in which the stock price of the nation's largest natural gas producer generated stomach-churning results and the company's top executive was forced to sell most of his stock, Chesapeake Energy Corp. will talk about its plans to raise money and cut expenses during a two-day investor conference that begins Wednesday. http://www.ibtimes.com/articles/20081015/ahead-of-the-bell-chesapeake-energy-conference.htm Wed, 15 Oct 2008 06:06:32 EDT Chesapeake Energy Corp. can reach growth close to 10 percent next year with some additional spending cuts, according to an analyst note Monday. Shares of Chesapeake lost more than a fifth of their value Friday and the company announced that Chief Executive Aubrey McClendon had sold "substantially all" of his stock in the company last week to meet margin loan calls. http://www.ibtimes.com/articles/20081013/ahead-of-the-bell-chesapeake-energy.htm Mon, 13 Oct 2008 08:06:22 EDT Aubrey K. McClendon, the billionaire chief executive of Chesapeake Energy Corp., has sold "substantially all" of his stock in the company over the past three days in order to meet margin loan calls, the company said Friday. http://www.ibtimes.com/articles/20081010/chesapeake-energy-ceo-forced-to-sell-company-stock.htm Fri, 10 Oct 2008 20:14:25 EDT Shares of Chesapeake Energy Corp. lost more than a fifth of their value Friday as crude and energy prices dropped and most broader markets slid amid widespread concern about the state of the global economy. http://www.ibtimes.com/articles/20081010/chesapeake-energy-shares-tumble-with-energy-prices.htm Fri, 10 Oct 2008 21:13:35 EDT Chesapeake Energy Corp. signed a 10-year agreement to transport 375 million cubic feet of natural gas from its growing operations in Arkansas to a distribution terminal in Mississippi through a new 187-mile pipeline system, the company announced Wednesday. http://www.ibtimes.com/articles/20081001/chesapeake-energy-signs-10-year-pipeline-agreement.htm Wed, 01 Oct 2008 11:41:06 EDT