Chesapeake EnergyCHK
CHK
Ticker changed
CHK changed its ticker symbol to EXE
About: Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Employees: 1,000
Financial journalist opinion
Negative
Seeking Alpha
1 month ago
Expand Energy Reports Legacy Chesapeake Energy Results
Expand Energy's results reflect Chesapeake Energy alone. The company sold profitable Eagle Ford operations while merging to expand its presence in the high-cost Haynesville. Year-to-date adjusted net income is positive. But selling prices are miserable compared to others in the Marcellus Basin.
Positive
Seeking Alpha
2 months ago
Chesapeake And Southwestern Become Expand Energy
Expand Energy, built from Chesapeake's acquisition of Southwestern, is a $19.5 billion market cap company paying a 2.7% base dividend. Chesapeake acquired Southwestern for $7.4 billion, and the merger closed Oct. 1, 2024. Despite a rough year for natural gas, the company is well-positioned to supply natural gas to Midwest and mid-Atlantic utilities via its Marcellus production, and gas for LNG from Haynesville.
Neutral
GlobeNewsWire
2 months ago
Chesapeake Energy and Southwestern Energy Complete Merger and Provide Third Quarter Earnings Conference Call Information, Company Rebranded as Expand Energy
OKLAHOMA CITY, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today closed on their previously announced combination. The combined company has been rebranded as Expand Energy Corporation. Expand Energy's common stock will commence public trading on the NASDAQ under the ticker “EXE” at the open of trading on October 2, 2024, and will continue to trade today under the symbol “CHK”.
Positive
Benzinga
2 months ago
Chesapeake Energy Set To Become Largest Natural Gas Producer In US, Says Analyst
Shares of Chesapeake Energy Corp CHK climbed in early trading on Friday, as oil prices moved slightly higher after the Personal Consumption Expenditures (PCE) Price Index report showed lower inflation in August than expected.
Positive
Benzinga
2 months ago
4 Stocks Set to Benefit from Recent Interest Rate Cuts
The stock market is about to make a major shift, this time driven by the shift in monetary policy set on by the Federal Reserve (the Fed). After the most recent meeting to decide the new path of interest rates for the United States, Jerome Powell (the Fed chairman) cut interest rates by the most aggressive pace in 16 years.
Neutral
Business Wire
2 months ago
Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Week of October
OKLAHOMA CITY & SPRING, Texas--(BUSINESS WIRE)--Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Week of October.
Neutral
PRNewsWire
2 months ago
Chesapeake Energy Corporation and Southwestern Energy Company Combination Expected to Close in the First Week of October
Hart-Scott-Rodino Act waiting period has expired Company to be rebranded as Expand Energy and trade on NASDAQ under "EXE" ticker symbol OKLAHOMA CITY and SPRING, Texas , Sept. 26, 2024 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced the waiting period in connection with the companies' pending combination under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 ("HSR Act") has expired.
Positive
MarketBeat
3 months ago
4 Stocks Set to Benefit from Recent Interest Rate Cuts
The stock market is about to make a major shift, this time driven by the shift in monetary policy set on by the Federal Reserve (the Fed). After the most recent meeting to decide the new path of interest rates for the United States, Jerome Powell (the Fed chairman) cut interest rates by the most aggressive pace in 16 years.
Neutral
Zacks Investment Research
3 months ago
Chesapeake Energy's Merger Deal to Close Early in Q4 2024
CHK and SWN's all-stock deal is set to close early in the fourth quarter of this year after the FTC???s request for additional information postponed it.
Positive
Reuters
3 months ago
Chesapeake Energy says deal for Southwestern Energy to close early in 4Q
Chesapeake Energy's $7 billion acquisition of rival natural gas producer Southwestern Energy is expected to close early in the fourth quarter, CEO Nick Dell'Osso said on Wednesday.
Charts implemented using Lightweight Charts™