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Company Reports 2011 Fourth Quarter Net Income to Common Stockholders of $429 Million, or $0.63 per Fully Diluted Common Share, on Revenue of $2.7 Bil...
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-- Investment Is Focused on Building a Network of LNG Truck Fueling Stations To Form the Backbone of America's Natural Gas Highway --
Conference Call...
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NEW MARTINSVILLE - Even though the weather is getting a little colder, Ed Wade is glad he can again enjoy the Blake Run waterfall in Wetzel County.
Following orders from the U.S. Environmental Protection Agency, Chesapeake Energy restored the waterfall that subcontractors working on the company's behalf removed as part of Chesapeake's drilling activities. The agency continues to investigate Chesapeake for allegedly violating the federal Clean Water Act in Wetzel County between January 2007 and November 2010.
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Company Reports 2010 Fourth Quarter Net Income to Common Stockholders of $180 Million, or $0.28 per Fully Diluted Common Share, on Revenue of $2.0 Bil...
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Penalties Address Violations in Bradford, Washington Counties
HARRISBURG, Pa., May 17, 2011 /PRNewswire-USNewswire/ -- The Department of Environmental Protection today fined Chesapeake Energy $1,088,000 for violations related to natural gas drilling activities.
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Company Reports 2010 Third Quarter Net Income to Common Stockholders of $515 Million, or $0.75 per Fully Diluted Common Share, on Revenue of $2.6 Bill...
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NEW YORK - Activist investor Carl Icahn has taken a sizable stake in Chesapeake Energy Corp. and is calling for at least four of the company's directors to be replaced. Icahn spent about $785 million to buy 50.1 million shares, or 7.6 percent, of the second-largest U.S. natural gas producer. The billionaire investor's stock buy was disclosed in a regulatory filing Friday. It comes as Chesapeake has been criticized for allowing CEO Aubrey McClendon to borrow money from a company that it was doing business with, run a hedge fund that bet on oil and gas prices, and for allowing him the perk of buying personal stakes in company wells. Chesapeake, along with other natural gas companies, has been hit hard by falling natural gas prices. Its shares have lost almost half their value in the past ...
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Company Reports 2010 Second Quarter Net Income to Common Stockholders of $235 Million, or $0.37 per Fully Diluted Common Share, on Revenue of $2.0 Bil...
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Chesapeake Energy Corp. shareholders on Friday re-elected Chief Executive Officer Aubrey McClendon as chairman of the company he has led for more than 20 years after an influential advisory firm called for his ouster.
However, the company's executive compensation practices have come under increased scrutiny.
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Company Reports 2010 Second Quarter Production of 2.789 Bcfe per Day, an Increase of 14% over 2009 Second Quarter Production and 8% over 2010 First Qu...