2015 2016 2017 2018 2019 5-year trend; Sales/Revenue 11.84B: 8.75B: 9.09B: 10.33B: 8.55B
1997-1999 — The collapse of natural gas prices combined with exploration failures sends Chesapeake … An early pioneer of horizontal drilling, he built the company into a key player in the U.S. gas industry.
Chesapeake Energy, the poster child of the U.S. shale revolution, filed for bankruptcy protection on Sunday. 1989 — Chesapeake Energy Corp. is founded by Aubrey McClendon and Tom Ward with about 10 employees. On Friday, June 19, 2020, Chesapeake Energy, the struggling shale gas driller which was once one of the largest natural gas producers in the U.S., has missed $13.5 million in interest payments. Fiscal year is January-December. Yesterday, Chesapeake Energy stock closed 39.3% below its 20-day moving average. Chesapeake Energy filed for Ch.11 bankruptcy on June 28 with a restructuring support agreement. Mutual-fund company Franklin Resources is taking steps to prepare for a potential debt restructuring or bankruptcy of indebted oil-and-gas driller Chesapeake Energy. 1993 — Chesapeake goes public, and the stock soars over next few years as the company successfully employs horizontal drilling and fracking to produce huge amounts of natural gas. All values USD millions. Under Debt Obligations, Chesapeake Energy Stock Isn’t Worth the Risk CHK stock isn't worth betting on with its sky-high debt levels By Laura Hoy , InvestorPlace … Moreover, the stock prices were 58.5%, 82.2%, 91.2% below the … Chesapeake Energy filed for Chapter 11 bankruptcy over the weekend. Chesapeake Energy was founded in 1989 by Aubrey McClendon. Chesapeake Energy’s survival strategy: Sell off up to $500 million in assets The company has $209 million of bonds coming due in August, out of a total debt load of more than $9 billion.