Saturday, May 14, 2016 2:16:38 AM
The hedging was necessary to secure the $4 billion line of credit. The credit in made available without audit until June 15, 2017 so we have plenty of time to ramp up production and pay down debt.
The new CEO (Lawler) is a genius at increasing production and field operations. That's what he did at Anadarko. He knows his stuff. He is already increasing horizontal reach out to 10,000 feet from 7,500 feet. His call to fame in gas field management and he has brought in many of his own people. Chesapeake has the best productions crews in the world.
They just expanded far to fast in 2011 and 2012. The founder of CHK was a big time gambler and half con man. He took some huge risks and then along came the warmest winter in history. If the El Nino had not have hit them, CHK would be flying high. The board fired the guy in 2013 and hired Lawler.
Obviously,all the major stock holders are convinced that leaving their investments in CHK is their most profitable decision. Otherwise, you would see share volume double or triple normal. Instead share volume has never exceeded average since this sell off (manipulation) began.
Last Friday the volume was 28 million compared to an average of 48 million!
Recent CHK News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 09:14:13 PM
- Form S-4 - Registration of securities, business combinations • Edgar (US Regulatory) • 02/29/2024 10:25:49 PM
- Nvidia’s Earnings Skyrocket by 769%, BuzzFeed’s Pre-Market Shares Surge by 85%, and Other Highlights • IH Market News • 02/22/2024 11:08:52 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/20/2024 09:08:15 PM
- CHESAPEAKE REPORTS FOURTH QUARTER AND FULL-YEAR 2023 FINANCIAL AND OPERATING RESULTS AND ISSUES 2024 OUTLOOK • PR Newswire (US) • 02/20/2024 09:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 05:34:38 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 05:10:38 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 04:01:49 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 03:04:43 PM
- CHESAPEAKE ENERGY CORPORATION, DELFIN LNG AND GUNVOR SIGN LONG-TERM LNG LIQUEFACTION OFFTAKE AGREEMENT INDEXED TO JAPAN KOREA MARKER • PR Newswire (US) • 02/13/2024 01:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 11:19:03 PM
- CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 FOURTH QUARTER AND FULL YEAR EARNINGS CONFERENCE CALL INFORMATION • PR Newswire (US) • 02/06/2024 11:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 09:58:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/11/2024 11:14:46 AM
- CHESAPEAKE ENERGY CORPORATION AND SOUTHWESTERN ENERGY TO COMBINE TO ACCELERATE AMERICA'S ENERGY REACH • PR Newswire (US) • 01/11/2024 11:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/02/2024 09:10:13 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/01/2023 12:20:18 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/31/2023 08:13:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 08:06:24 PM
- CHESAPEAKE ENERGY CORPORATION REPORTS THIRD QUARTER 2023 RESULTS • PR Newswire (US) • 10/31/2023 08:02:00 PM
- CHESAPEAKE ENERGY CORPORATION AND VITOL SIGN LONG-TERM LNG SUPPLY HEADS OF AGREEMENT INDEXED TO JAPAN KOREA MARKER • PR Newswire (US) • 10/31/2023 08:01:00 PM
- CHESAPEAKE ENERGY CORPORATION PROVIDES 2023 THIRD QUARTER EARNINGS CONFERENCE CALL INFORMATION • PR Newswire (US) • 10/18/2023 01:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 08:07:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/12/2023 08:05:21 PM
- U.S. Defense Department Awards Eavor Contract to Power Military Base through Advanced Geothermal System • GlobeNewswire Inc. • 10/03/2023 02:00:00 PM
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NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
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