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Chesapeake Energy Corporation (CHK)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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58.59-1.88 (-3.11%)
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  • H
    Will CHK file BK yet again?
    Not looking real good.

    Quarterly results will be clouded with deferred maintenance and other reorganization issues.
    The latest acquisition will be more material than the quarterly results.
    Time will tell if the newfound emphasis on natural gas production is wise.
    Management is keeping the debt ratio low as it should after a bankruptcy experience.
    Paying a high ratio of distributable cash flow after bankruptcy may not be the best strategy for this company.
  • B
    wait.....Chesapeake went bankrupt....reorganized.....and still doesn't have positive earnings yet with these nat gas prices......
  • M
    Great oilprice article stating the mistakes leading to bk in 1-20, can’t even get the date right. Also failed to mention CHK is back to its old ways, bailing out Blackrock and building debt with purchase of Vine, such a shell game.
  • m
    Natty could go to $8 and CHK will still end up at 0.00.
  • N
    Question to my fellow SH's that got the Shaft when the Bogus BK was approved by the Bogus BK Judge:

    Was there any legal action taken against CHK or the DirtBags that purposely ran the company into BK so they and their co-conspirators would reap massive profits when shares of the "New CHK" were issued?

    It's too bad a the Bogus-BK was assigned to what turned out to be a Shady and Not-So Honorable BK Judge.
    As the trial went on, there was an obvious amount of leading and misleading winking and nodding going on in that courtroom.
    Doug Lawless and his cohorts must have made the Judge a deal he couldn't or didn't want to refuse?
    Their entire pretense that they could no longer operate the company unless they were able to erase the massive amounts of debts was flawed.
    After they had initially paid down Billions of Dollars of Debt, mostly by selling off assets at "Garage Sale Prices", they ran the total debt up even Higher than when Lawless took over as CEO.
    Instead of continuing to pay down the debt, Lawless and Company went on a buying spree, acquiring new assets and drilling properties even though the O&G sector was still in a record low rut that had persisted for years.
    Why Did They Sell Off Original Assets, Then Do an About Face To Rack Up Debt On A Buying Spree that Aubry McClendon would have been criticized for doing?
    ~ IMO, it was the Start of their Plan for an Eventual BK! ~

    Please allow me to rephrase my original question:
    Was there any legal action(s) taken on behalf of the Owners of Common Shares of Chesapeake Energy (CHK), (the Original Company), against CHK or the DirtBags that purposely ran the company into BK?

    Thanks In Advance!
  • P
    They are aware of our problems can they get congress to act?
  • T
    CHK should be making $$$ hand over fist with natural gas prices up like they currently are. Anyone that gets a royalty check off a well knows that revenue has gone through the roof recently. This should be a great quarter for CHK, sure they will show an accounting loss for unrealized revenue due to hedging. But hey those hedges will role off and then it will be $100/share
  • G
    I don't recall CHK's BK taking down the Chinese Market???!!!!!! Both had been failing for years.
  • E
    Former CHK General Counsel James Webb is now officially an employee of Continental Resources. Still wondering what particular skill set he to brought to the position that the prior long-serving General Counsel did not possess.
  • N
    I'd never throw put another dime into this company after it ripped me off last time.
  • k
    knoxville Superman
    Renewables are still the future. I've made unbelievable $$ in renewables since selling CHK before the reverse split and BK. Sad to see some are still here betting this horse and buggy will ride again.
  • M
    Might check nasdaq for institutional ownership, tried to put numbers out but was deleted by yahoo
  • P
    Anyone here know what is going on with McDermott? The shareholders faced a similar issue, right? I assume the new ticker MCDIF is a clean slate and the company is a new/separate entity, even though it uses the same name to bid. Who is buying and selling that stock every day? The volume is increasing. I'm just curious if anyone knows about these things. This board has taught me a lot about what "really" goes on in some circles.
  • T
    New all time high today. Chart looks good, higher highs and higher lows. Decent dividend which should be increased going forward provides good support for increasing stock price.
  • P
    WSJ article on Mr. Souki who was original partner in CHENIERE ng and Lng.-- In current venture of Telluride does not want any shorts. (Wish shorting prohibited as in Europe!) Souki has social media platform to regularly talk to sophisticated young investors in NG who are definitely longs in Telluride.. . BTW--Was astonished to see that one share of CHENIERE in 2008 under $1 and if one waited to sell till 2014 that share was $80..... How did I miss that? Had good investments in NG in that period but somehow missed Cheniere??? WOW! The WSJ (weekend) article "Gas Exporting Goes Viral" is long & detailed history & definitely worth reading. (Makes one wish never heard of CHK-- far less invested in the fraud & corruption of CHK!! Just take me back to 2008 and Cheniere at $1 & sell at $80 in 2014 !!!!)
  • M
    Short interest went from 7.3m to 8.7m second half of August
  • P
    Anyone here know if Chesapeake was able to aquire Vine?
  • H
    Docket 3993-----What are these criminals doing now?

    Upon the Emergency Motion of the Official Committee of Unsecured Creditors to File
    Under Seal: (A) the Official Committee of Unsecured Creditors’ Omnibus Reply to Objections to
    the Motion of the Official Committee of Unsecured Creditors for (I) Leave, Standing, and Authority
    to Commence and Prosecute Certain Claims and Causes of Action on Behalf of the Debtors’
    Estates and (II) Exclusive Settlement Authority; and (B) Omnibus Reply of the Official Committee
    of Unsecured Creditors in Support of and in Response to Objections to Emergency Motion for (I)
    Leave, Standing, and Authority to Commence and Prosecute Certain Lien Claims and Causes of Action on Behalf of the Debtors’ Estates and (II) Exclusive Settlement Authority (the “Motion to
    and the Court having jurisdiction to consider the Motion to Seal and the relief
    requested therein pursuant to 28 U.S.C. § 1334; and consideration of the Motion to Seal and
    the relief requested therein being a core proceeding pursuant to 28 U.S.C. § 157(b); and venue
    being proper before this Court pursuant to 28 U.S.C. §§ 1408 and 1409; and the Court having
    determined that the legal and factual bases set forth in the Motion to Seal establish just cause
    for the relief granted herein; and after due deliberation and sufficient cause appearing therefor,
    it is hereby ORDERED that
    1. Pursuant to 11 U.S.C. §§ 105(a) and 107(b) and Fed. R. Bankr. P. 9018, the
    Committee is authorized to file the Committee Replies under seal.
    2. The sealed Committee Replies shall not be disseminated to anyone other than:
    (a) the Court; (b) the Debtors; (c) the other parties to the Confidentiality Agreement or
    Bylaws; and (d) the Office of the U.S. Trustee, without further order of the Court.
    3. The terms and conditions of this Order shall be immediately effective and
    enforceable upon its entry.
    4. The Committee is authorized to take all actions necessary to effectuate the relief
    granted in this Order in accordance with the Motion to Seal.
    5. The Court shall retain jurisdiction to resolve any dispute regarding the terms of
    this Order.
  • m
    Old chk management white caler
  • M
    Michael Rinstock
    Any old CHK shareholder still here? We were ruined by the old CHK management. The BK was totally avoidable.