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Stock Market & Financial Investment News

News Breaks
November 13, 2012
19:02 EDTCHKChesapeake CEO says Ohio oil prospects dimming, WSJ reports
Chesapeake Energy (CHK) CEO Aubrey McClendon said that Ohio's Utica Shale, from which the company had hoped to produce oil, is unlikely to drive a major increase in oil production, according to a Wall Street Journal report. Reference Link
News For CHK From The Last 14 Days
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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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August 14, 2015
07:03 EDTCHKCrude price slide has oil firms turning to private equity, Reuters reports
Another drop in crude oil prices has oil companies returning calls from potential buyers, Reuters reports. Oil firms may start relying on capital markets investors betting on a quick recovery in prices, the report says. "It didn't solve people's problems, so now when you roll to 2016 ...there will be an opportunity for private equity-backed companies with plenty of capital in place to go out and start buying," said Carl Tricolo, managing partner at private equity fund Denham Capital, in the report. Publicly traded companies in the space include Chesapeake Energy (CHK), American Electric Power Company (AEP), and Linn Energy (LINE). Reference Link

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