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US shale oil giant Chesapeake Energy files for bankruptcy as the coronavirus crisis claims another energy victim

Founded in 1989 in energy-state Oklahoma, the company has long battled a debt-laden history but cam…

Shalini Nagarajan   


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1 min read

Chesapeake Energy slapped with a rare 'strong sell' rating, $0 price target from Wall Street firm

Chesapeake has seen its market value fall more than 99% from $10.1 billion in 2015 to $125 million …

Matthew Fox, CMT   


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Puppy who swam for nearly 2 hours after being swept off the beach was rescued by marine police

The puppy, Skip Jack, was reunited with his owner after being swept away by a strong current on a p…

Sydney Bradley   


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Chesapeake Energy jumps after beating quarterly earnings estimates

"Fiscal year 2017 was a pivotal year for Chesapeake, as we restored our production and increased ne…

Kimberly Chin   


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Natural gas prices have crashed 50% in less than a month, and now an energy CEO is ringing the alarm

Chesapeake Energy CEO Nick Dell'Osso wants to avoid a repeat of the 2014 shale bust by limiting the…

Matthew Fox   


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Chesapeake Energy is dropping after laying off 13% of its workforce

The cuts come from the company's Oklahoma City-based location, and leave about 400 people without a…

Seth Archer   


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It's going from bad to worse at Chesapeake Energy

"In light of the challenging commodity price environment, our focus for 2016 is to improve our liqu…

Akin Oyedele   


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Now Chesapeake Has Been Subpoenaed By The SEC

On December 21, 2012, the SEC's Fort Worth Regional Office advised Chesapeake that its inquiry is c…

Rob Wile   


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The Rise And Shocking Fall Of Energy Titan Aubrey McClendon

Then last year, Reuters' investigative reporters Anna Driver and Brian Grow said McClendon was borr…

Rob Wile   


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1 min read

Jim Chanos Just Shared His Sports Arena Indicator

"Chesapeake Energy," he said chuckling. "Well I'm not going to talk about Chesapeake but I will tel…

Linette Lopez   


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1 min read

Carl Icahn Wins Again!

Aubrey has every right to be proud of the company he has built, the world class team of people at C…

Julia La Roche   


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5 mins read

Chesapeake Energy CEO Aubrey McClendon Is Stepping Down And The Stock Is Going Wild

Chesapeake Energy Corporation (NYSE:CHK) is the second-largest producer of natural gas, a Top 15 pr…

Rob Wile   


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Chesapeake Energy says it's been subpoenaed over its accounting practices

In a regulatory filing on Thursday, the company said the Department of Justice served it a subpoena…

Akin Oyedele   


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4 mins read

Warburg Pincus landed a $1 billion deal with a twist -one brother is on Warburg's energy team, another is an exec at the company it backed.

David Habachy, the managing director at Warburg, previously worked at Kayne Anderson, the private-e…

Casey Sullivan   


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US shale producers could be facing over $10 billion in hedging losses even as oil prices hover around $100 a barrel, Rystad Energy says

US shale oil producers have 46% of their expected crude oil output hedged at $55 a barrel, way belo…

Zahra Tayeb   


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3 mins read

Former Chesapeake CEO Aubrey McClendon has died in a car crash a day after being indicted for conspiracy

The charge that has been filed against me today is wrong and unprecedented. I have been singled out…

Linette Lopez   


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5 mins read

Power Line: The epic oil glut in photos, leaked documents reveal more industry furloughs, and 3 clean-energy sectors the pandemic is accelerating

This week, we lay out three energy sectors accelerating amid the pandemic, share photos of the oil …

Benji Jones   


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1 min read

Analyst: McClendon's Exit From Chesapeake Is Good News, But It Does Nothing To Fix Its Balance Sheet

We remain concerned about liquidity and leverage at HOLD-rated Chesapeake Energy Corp. (NYSE: CHK),…

Rob Wile   


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4 mins read

Power Line: Exxon's confusing bet on algae — Rising stars of clean energy — Top oil stocks

Power Line is Business Insider's weekly energy newsletter. Sign up to get it in your inbox every Fr…

Benji Jones   


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Power Line: Shale CEOs win big when they lose — Oil's rise and stall — BP's deep cut

Power Line is Business Insider's weekly energy newsletter. Subscribe to receive it in your inbox ev…

Benji Jones