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Stock Market & Financial Investment News

News Breaks
August 6, 2014
07:09 EDTEXLP, CHKChesapeake sees receiving over $700M in assets sale proceeds in 2H
During Q2, Chesapeake (CHK) received total proceeds of approximately $675M from the sale of noncore assets, including $362M of net proceeds from the sale of compression assets to Exterran Partners, L.P. (EXLP). In the 2014 second half, Chesapeake expects to receive more than $700M in proceeds from various asset sales that have closed, or are underway. These transactions are expected to include noncore E&P assets in southwestern Pennsylvania, South Central Oklahoma, East Texas and South Texas, as well as additional compression assets and other miscellaneous real estate and equipment. Chesapeake continues to pursue opportunities to high-grade its portfolio while focusing on assets that best align with its strategy of profitable growth from captured resources. The company believes its targeted asset dispositions will be value-accretive and enable it to further reduce financial complexity and lower overall leverage.
News For CHK;EXLP From The Last 14 Days
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August 28, 2015
12:01 EDTCHKStocks with call strike movement; CHK SWN
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August 21, 2015
07:05 EDTCHKChesapeake reports notice of proposed voluntary dismissal of derivative action
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August 19, 2015
16:00 EDTCHKOptions Update; August 19, 2015
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August 18, 2015
16:00 EDTCHKOptions Update; August 18, 2015
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