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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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May 1, 2015
11:35 EDTCHKStocks with call strike movement; JCP CHK
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10:50 EDTCHKOptions with increasing implied volatility
Options with increasing implied volatility: ZIOP CLNE CRM DECK CHK WIN ANF NRF GES LOW
05:52 EDTCHKStocks with implied volatility movement; CHK GOOG
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April 27, 2015
18:57 EDTEXLPExterran Partners increases cash distribution 0.5c to 56.25c
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April 22, 2015
10:25 EDTCHKNomura U.S. energy analysts hold an analyst/industry conference call
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07:13 EDTCHKChesapeake initiated with a Reduce at Nomura
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April 20, 2015
10:43 EDTCHKStocks with call strike movement; AAL CHK
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07:06 EDTEXLPExterran Partners acquires compression assets from Exterran Holdings for $102.3M
Exterran Holdings, Inc. (EXH) and Exterran Partners, L.P. (EXLP) announced that Exterran Partners has acquired assets from Exterran Holdings for consideration valued at $102.3M, including customer contracts serving 60 customers together with 244 compressor units used to provide compression services under those contracts. Those compressor units represent approximately 151,000 horsepower of compression and approximately 4 percent of the combined U.S. contract operations business of Exterran Holdings and Exterran Partners. In addition, the acquisition includes 179 compressor units comprising approximately 66,000 horsepower previously leased from Exterran Holdings to Exterran Partners. The consideration paid to Exterran Holdingsí affiliates consisted entirely of Exterran Partnersí equity, composed of 3,963,138 common units and 80,341 general partner units. The transaction was approved by the conflicts committee of the board of directors of Exterran Partnersí managing general partner. The conflicts committee, which is composed entirely of independent directors, retained independent legal and financial advisors to assist it in evaluating the transaction.

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