• Investopedia22 minutes ago

    Chesapeake Sets Record with Massive Frack (CHK)

    Production jumps 70% after company pumps 25,000 tons of sand into the well, a process drillers dubbed “Propaggedon.”

  • Barrons.com3 hours ago

    Chesapeake Energy: You Mean There is a Path to Recovery?

    Chesapeake Energy (CHK) held its first analyst day in two years yesterday--and it has many analysts feeling much better about the company than they were just a few days earlier. As we noted this morning, Nomura upgraded Chesapeake to Neutral from Reduce, while BofA Merrill Lynch raised its rating to Neutral from Underperform. Take, for example, Deutsche Bank's Josh Silverstein, who contends that the "path to recovery has improved visibility." He explains: Although challenges still lie ahead for Chesapeake Energy, our key takeaway from the analyst day was the appreciable progress made over the past few years and in particular, the financial overhaul in 2016 under a challenging commodity price environment.

  • MarketWatch7 hours ago

    Chesapeake's stock swings sharply lower despite analyst upgrades

    Shares of Chesapeake Energy Corp. turned sharply lower Friday, as upbeat analyst comments about the oil and gas company's analyst day weren't enough support the early gains. Bank of America Merrill Lynch ...