Markets

Now Chesapeake Has Been Subpoenaed By The SEC

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] The SEC has upgraded its inquiry of Chesapeake Energy’s alleged failure to reveal conflict of interest to a full-blow investigation and has subpoenaed the company for information, according to a 10-K filed today.Outgoing chief Aubrey McClendon is also providing information, the filing said.
Now Chesapeake Has Been Subpoenaed By The SEC
Markets

There’s No Way To Untangle Chesapeake And Its Departing CEO

[credit provider=”Foundation OKCPS” url=”http://www.youtube.com/watch?v=As33mjmhNbs”] Aubrey McClendon will no longer be running Chesapeake Energy Corpcome April 1. But he is likely to remain deeply entangled with the company he founded 24 years ago.America’s second-largest natural-gas producer said on Tuesday that McClendon is stepping down as chief executive and a board member. […]
There’s No Way To Untangle Chesapeake And Its Departing CEO
Markets

Forbes: Aubrey McClendon ‘Is The Quintessential Baby Boomer Of His Generation’

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] Aubrey McClendon.What else can we say at this point that this picture hasn’t already said? The guy’s had to operate in 24-hour crisis mode for nearly four months, yet appears to have barely broken a sweat, having made time to attend Oklahoma City Thunder playoff […]
Forbes: Aubrey McClendon ‘Is The Quintessential Baby Boomer Of His Generation’
Markets

It Looks Like Some Chesapeake Energy Board Members Had Potential Conflicts Of Interest

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] The piling-on continues for Chesapeake Energy, which is still dealing with its CEO’s complicated compensation situation and other operational problems.This morning, Bloomberg goes director-by-director through Chesapeake Energy’s board highlighting various potential conflicts.  Here’s some of what they found:
It Looks Like Some Chesapeake Energy Board Members Had Potential Conflicts Of Interest
Markets

This Analyst Totally Predicted Chesapeake’s 10-Q Bombshell

[credit provider=”Bloomberg via YouTube” url=”http://www.youtube.com/watch?v=yZgzLtwxbns”] Argus Research’s Phil Weiss nailed the this afternoon’s explosive reveal from Chesapeake Energy that cash and credit concerns have forced them to delay selling off some of their assets.In their 10Q filing today, Chesapeake said
This Analyst Totally Predicted Chesapeake’s 10-Q Bombshell
Markets

CRAMER: The Board Needs To Treat Chesapeake Energy ‘Like The Cancer It Is’

[credit provider=”JimCramerPicks via YouTube” url=”http://www.youtube.com/watch?v=ExNWMBDDSF8″] Jim Cramer believes Chesapeake Energy’s board needs to address CEO Aubrey McClendon’s purported conflicts of interest much more aggressively.In an interview with The Street, Cramer said Chesapeake’s board needs to appoint an independent investigative body.
CRAMER: The Board Needs To Treat Chesapeake Energy ‘Like The Cancer It Is’
Markets

REPORT: Chesapeake Repeatedly Rewrote Sections Of CEO McClendon’s Employment Contracts Dealing With His Outside Trading

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] Chesapeake CEO Aubrey McClendon had his employment contracts rewritten numerous times to reflect an apparently shifting stance regarding McClendon’s personal commodities trading, Reuters’ Joshua Schneyer and Jeanine Prezioso report today.The pair report that his contracts, dating back to 1997, were revised numerous times, for a […]
REPORT: Chesapeake Repeatedly Rewrote Sections Of CEO McClendon’s Employment Contracts Dealing With His Outside Trading
Markets

10 Hedge Funds Losing Big On Chesapeake Energy

[credit provider=”Getty Images”] Shares of Chesapeake Energy tanked Wednesday after missing analysts’ EPS estimates yesterday afternoon. The stock was last down more than 13% in during mid-day trading. 
10 Hedge Funds Losing Big On Chesapeake Energy
Markets

Chesapeake Energy CEO McClendon Will Step Down As Chairman

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] Chesapeake Energy CEO Aubrey McClendon will step down as chairman but stay on as CEO, the company announced this morning.The Board will name an independent, non-executive chairman.
Chesapeake Energy CEO McClendon Will Step Down As Chairman
Markets

A BMO Analyst Just Made A ‘High Octane’ Upgrade To Chesapeake Energy

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] BMO Capital Markets’ Dan McSpirit announced today he was upgrading Chesapeake Energy stocks to “outperform,” and he set a new price target of $25 as shares hit what he describes as “peak negativity.”Shares reached an all-time low of $16.87 Friday on continued revelations about CEO […]
A BMO Analyst Just Made A ‘High Octane’ Upgrade To Chesapeake Energy