Tag: Chesapeak Energy
More bid rigging indictments coming after Aubrey McClendon’s death?
“It’s the wild, wild West out there” – Dallas attorney Warren Burns Attorneys for a northwest Oklahoma landowner filed a class-action lawsuit Thursday against Aubrey McClendon’s former company, Chesapeake Energy, alleging a conspiracy that involved another energy executive, ex-Sandridge Energy CEO Tom Ward. The U.S. Department of Justice’s Chicago-based antitrust division alleged in the indictment against McClendon that […]
Chesapeake Energy loses $14.8 billion in 2015, cuts capex 57%
Chesapeake Energy’s 2015 daily production averaged 679,200 boe, year-over-year increase of 8% Chesapeake Energy shares are tumbling after the company announced it lost $14.8 billion in 2015 and plans to cut its capex by 57 per cent for the current year. For the 2015 full year, Chesapeake reported a net loss available to common stockholders […]
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