Markets

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

Chesapeake Energy shares are falling after the company announced about 400 layoffs. The job cuts come after Chesapeake sold some of its well assets. Watch the stock trade in real time here. Shares of Chesapeake Energy dropped 5.28% to $US3.67 on Tuesday after the company laid off about 13% of […]
Chesapeake Energy is dropping after laying off 13% of its workforce
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

The Rise And Shocking Fall Of Energy Titan Aubrey McClendon

[credit provider=”Foundation OKCPS” url=”http://www.youtube.com/watch?v=As33mjmhNbs”] Aubrey McClendon is out as CEO of Chesapeake Energy after turning a company he founded from scratch 30 years ago into the country’s second-largest natural gas producer.What happened? 
The Rise And Shocking Fall Of Energy Titan Aubrey McClendon
Markets

JP MORGAN: Chesapeake Energy Seems To Drag Its Feet When Paying Vendors

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] Earlier this year, a Reuters investigative reporting team led by Brian Grow documented alleged conflict of interest at Chesapeake Energy, the country’s second-largest natural gas company. Today, Grow and his team wrap up their Chesapeake coverage in a report with new details, including: Chesapeake can be […]
JP MORGAN: Chesapeake Energy Seems To Drag Its Feet When Paying Vendors
Markets

Chesapeake Is Planning To Frack Within A Mile Of A Nuclear Plant

[credit provider=”The Lost Ogle” url=”http://www.thelostogle.com/wp-content/uploads/2012/03/kateuptonaubreymcclendon.jpg”] Natural gas giant Chesapeake Energy has been given permission to drill for natural gas via hydraulic fracturing, or “fracking,” one mile away from the Beaver Valley Nuclear Power Station in Shippingport, Pennsylvania, according to multiple reports.The plan was approved earlier this month and a permit was […]
Chesapeake Is Planning To Frack Within A Mile Of A Nuclear Plant
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