CHK

CHESAPEAKE ENERGY CORPORATION AND SOUTHWESTERN ENERGY TO COMBINE TO ACCELERATE AMERICA'S ENERGY REACH

Retrieved on: 
Thursday, January 11, 2024
CHK, Natural gas, LLP, Eagle Ford, Dallas, RBC Capital Markets, Kirkland & Ellis, Morgan Stanley, BofA Securities, Carbon, Chesapeake Energy, SWN, CITY, Latham & Watkins, J.P. Morgan & Co., Wells Fargo, Webcast, ROCE, Workforce, Marketing, G&A, Bond credit rating, EST, GHG, Renewable energy

Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.

Key Points: 
  • Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.
  • "The world is short energy and demand for our products is growing, both in the U.S. and overseas.
  • Pro forma for the transaction, Chesapeake shareholders will own approximately 60% and Southwestern shareholders will own approximately 40% of the combined company, on a fully diluted basis.
  • Kirkland & Ellis LLP is serving as legal advisor, and Joele Frank as communications advisor to Southwestern Energy.

Verinext Sponsors Devin Jones in the 2023 NASCAR Xfinity Series Race at the Charlotte Roval

Retrieved on: 
Wednesday, October 4, 2023
Drive, Partnership, HPE, NASCAR Xfinity Series at Charlotte (fall race), Charlotte Motor Speedway, NBC, IMSA, Hewlett Packard Enterprise, NASCAR, Chevrolet, 2022 Drive for the Cure 250, Jones, CHK, Watkins Glen, GS, Devin Jones, Sport, Xfinity

PHILADELPHIA, Oct. 4, 2023 /PRNewswire/ -- Verinext, the company that delivers transformative business outcomes through technology and services for everything that comes next, today announced its sponsorship of Devin Jones in the NASCAR Xfinity series race, the Drive for the Cure 250, at the Charlotte Motor Speedway Roval this Saturday, October 7.

Key Points: 
  • 74 in the Drive for the Cure 250
    PHILADELPHIA, Oct. 4, 2023 /PRNewswire/ -- Verinext , the company that delivers transformative business outcomes through technology and services for everything that comes next, today announced its sponsorship of Devin Jones in the NASCAR Xfinity series race, the Drive for the Cure 250, at the Charlotte Motor Speedway Roval this Saturday, October 7.
  • Verinext, in partnership with Hewlett Packard Enterprise (HPE), will be using the NASCAR Xfinity series race at the Charlotte Roval as a showcase for its new brand, released earlier this year.
  • "Verinext is thrilled to be partnering with Devin Jones on the NASCAR Xfinity platform," said Ashby Lincoln, President, Verinext.
  • To have the support of Verinext and HPE behind me makes this experience even more special," said Devin Jones.

CHESAPEAKE ENERGY CORPORATION ANNOUNCES FINAL EXCHANGE CONSIDERATION FOR ITS EXCHANGE OFFERS RELATING TO ITS WARRANTS

Retrieved on: 
Friday, October 7, 2022
Expiration date, Sale, SEC, Class, GHG, LLC, NASDAQ, Carbon, Offers, Company, Nasdaq, Form, Schedule TO, Expiration, Chesapeake Energy, CHK, Schedule, Security (finance)

OKLAHOMA CITY, Oct. 7, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) ("Chesapeake" or the "Company") today announced the final figures that make up the exchange consideration for its previously announced exchange offers (each, an "Offer," and collectively, the "Offers") relating to its outstanding (i) Class A warrants (the "Class A warrants"), (ii) Class B warrants (the "Class B warrants") and (iii) Class C warrants (the "Class C warrants," and together with the Class A warrants and the Class B warrants, the "warrants"), each to purchase shares of common stock, par value $0.01 per share, of the Company ("common stock").

Key Points: 
  • OKLAHOMA CITY, Oct. 7, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) ("Chesapeake" or the "Company") today announced the final figures that make up the exchange consideration for its previously announced exchange offers (each, an "Offer," and collectively, the "Offers") relating to its outstanding (i) Class A warrants (the "Class A warrants"), (ii) Class B warrants (the "Class B warrants") and (iii) Class C warrants (the "Class C warrants," and together with the Class A warrants and the Class B warrants, the "warrants"), each to purchase shares of common stock, par value $0.01 per share, of the Company ("common stock").
  • Chesapeake's common stock, Class A warrants, Class B warrants and Class C warrants are listed on The Nasdaq Stock Market LLC under the symbols "CHK," "CHKEW," "CHKEZ" and "CHKEL," respectively.
  • As of August 17, 2022, there were 120,848,720 shares of common stock, 9,751,853 Class A warrants, 12,290,669 Class B warrants and 11,269,865 Class C warrants outstanding.
  • With a goal to achieve net-zero direct GHG emissions by 2035, Chesapeake is committed to safely answering the call for affordable, reliable, lower carbon energy.

CHESAPEAKE ENERGY CORPORATION ANNOUNCES EFFECTIVENESS OF REGISTRATION STATEMENT FOR ITS EXCHANGE OFFERS RELATING TO WARRANTS

Retrieved on: 
Friday, September 16, 2022
Securities Exchange Act of 1934, Risk, Carbon, Time, Schedule, GHG, ESG, COVID-19, Expiration, Sale, LLC, Securities Act of 1933, Chesapeake Energy, Nasdaq, U.S. Securities and Exchange Commission, CHK, Bankruptcy, Company, LP, T&D Holdings, Form 10-K, News, Judgement, Industry, Climate change, Forward-looking statement, Schedule TO, OTC, Goal, Transport, NASDAQ, Registration statement, Form, Water, NGL, SEC, Offers, Annual report, Natural gas, Tug Hill, Security (finance), Risk management, Vine

Tendered warrants may be withdrawn by holders at any time prior to the applicable Expiration Date.

Key Points: 
  • Tendered warrants may be withdrawn by holders at any time prior to the applicable Expiration Date.
  • Chesapeake's common stock, Class A warrants, Class B warrants and Class C warrants are listed on The Nasdaq Stock Market LLC under the symbols "CHK," "CHKEW," "CHKEZ" and "CHKEL," respectively.
  • As of August 17, 2022, there were 120,848,720 shares of common stock, 9,751,853 Class A warrants, 12,290,669 Class B warrants and 11,269,865 Class C warrants outstanding.
  • A registration statement on Form S-4 relating to the securities to be issued in the Offers has been filed with the SEC and was declared effective on September 16, 2022.

CHESAPEAKE ENERGY CORPORATION ANNOUNCES AMENDMENT OF EXCHANGE OFFERS RELATING TO WARRANTS

Retrieved on: 
Monday, September 12, 2022
Securities Exchange Act of 1934, Risk, Carbon, Time, Schedule, GHG, ESG, COVID-19, Expiration, Sale, LLC, Securities Act of 1933, Chesapeake Energy, Nasdaq, U.S. Securities and Exchange Commission, CHK, Bankruptcy, Company, LP, T&D Holdings, Form 10-K, News, Judgement, Industry, Climate change, Forward-looking statement, Schedule TO, OTC, Goal, Transport, NASDAQ, Form, Water, NGL, SEC, Offers, Annual report, Natural gas, Tug Hill, Security (finance), Risk management, Vine

OKLAHOMA CITY, Sept. 12, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) ("Chesapeake" or the "Company") today announced that it has amended its previously announced exchange offers (each, an "Offer," and collectively, the "Offers") relating to its outstanding (i) Class A warrants (the "Class A warrants"), (ii) Class B warrants (the "Class B warrants") and (iii) Class C warrants (the "Class C warrants," and together with the Class A warrants and the Class B warrants, the "warrants"), each to purchase shares of common stock, par value $0.01 per share, of the Company ("common stock").

Key Points: 
  • OKLAHOMA CITY, Sept. 12, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ: CHK) ("Chesapeake" or the "Company") today announced that it has amended its previously announced exchange offers (each, an "Offer," and collectively, the "Offers") relating to its outstanding (i) Class A warrants (the "Class A warrants"), (ii) Class B warrants (the "Class B warrants") and (iii) Class C warrants (the "Class C warrants," and together with the Class A warrants and the Class B warrants, the "warrants"), each to purchase shares of common stock, par value $0.01 per share, of the Company ("common stock").
  • Tendered warrants may be withdrawn by holders at any time prior to the applicable Expiration Date.
  • Chesapeake's common stock, Class A warrants, Class B warrants and Class C warrants are listed on The Nasdaq Stock Market LLC under the symbols "CHK," "CHKEW," "CHKEZ" and "CHKEL," respectively.
  • As of August 17, 2022, there were 120,848,720 shares of common stock, 9,751,853 Class A warrants, 12,290,669 Class B warrants and 11,269,865 Class C warrants outstanding.

CHESAPEAKE ENERGY CORPORATION ANNOUNCES AMENDMENT OF EXCHANGE OFFERS RELATING TO WARRANTS

Retrieved on: 
Wednesday, August 31, 2022
COVID-19, Expiration, OTC, Securities Exchange Act of 1934, Securities Act of 1933, Form 10-K, LP, NASDAQ, GHG, Carbon, Time, Sale, Risk, Judgement, CHK, Forward-looking statement, Tug Hill, SEC, U.S. Securities and Exchange Commission, Goal, Water, Schedule TO, Chesapeake Energy, Nasdaq, Company, ESG, News, Bankruptcy, LLC, Schedule, Form, Offers, Natural gas, Annual report, Climate change, NGL, Industry, T&D Holdings, Transport, Security (finance), Risk management, Vine

OKLAHOMA CITY, Aug. 31, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) ("Chesapeake" or the "Company") today announced that it has amended its previously announced exchange offers (each, an "Offer," and collectively, the "Offers") relating to its outstanding (i) Class A warrants (the "Class A warrants"), (ii) Class B warrants (the "Class B warrants") and (iii) Class C warrants (the "Class C warrants," and together with the Class A warrants and the Class B warrants, the "warrants"), each to purchase shares of common stock, par value $0.01 per share, of the Company ("common stock").

Key Points: 
  • OKLAHOMA CITY, Aug. 31, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) ("Chesapeake" or the "Company") today announced that it has amended its previously announced exchange offers (each, an "Offer," and collectively, the "Offers") relating to its outstanding (i) Class A warrants (the "Class A warrants"), (ii) Class B warrants (the "Class B warrants") and (iii) Class C warrants (the "Class C warrants," and together with the Class A warrants and the Class B warrants, the "warrants"), each to purchase shares of common stock, par value $0.01 per share, of the Company ("common stock").
  • Tendered warrants may be withdrawn by holders at any time prior to the applicable Expiration Date.
  • Chesapeake's common stock, Class A warrants, Class B warrants and Class C warrants are listed on The Nasdaq Stock Market LLC under the symbols "CHK," "CHKEW," "CHKEZ" and "CHKEL," respectively.
  • As of August 17, 2022, there were 120,849,720 shares of common stock, 9,751,853 Class A warrants, 12,290,669 Class B warrants and 11,269,865 Class C warrants outstanding.

sunday Announces Acquisition of CHK PLZ to Expand North American Presence

Retrieved on: 
Wednesday, October 20, 2021
Acquisition, Restaurant, Technology, McGill University, Toyota Motor Engineering & Manufacturing North America, Foodservice, CTO, Uncertainty, CAD, Michelin, GM, CEO, Engineering, POS, GLOBE, Industry, Series, CHK, Efficiency, Solution, Student, Food delivery

The CHK PLZ acquisition furthers sundays vision to make technology accessible to all establishments, enabling restaurant owners in order to increase efficiency, drive up sales, and improve the overall dining experience.

Key Points: 
  • The CHK PLZ acquisition furthers sundays vision to make technology accessible to all establishments, enabling restaurant owners in order to increase efficiency, drive up sales, and improve the overall dining experience.
  • The CHK PLZ acquisition follows sunday's Series A fundraising of $100M USD last September and is foresight into future market demand.
  • CHK PLZ started as an idea conceptualized by three engineering students from McGill University who wanted to revolutionize decades-old food services technology.
  • Together, CHK PLZ and sunday can usher in real change to introduce the North American market to the future of hospitality.

Halliburton And VoltaGrid Electric Solution Reduces Emissions for Chesapeake Energy Corporation

Retrieved on: 
Wednesday, August 4, 2021
Oil, Gas, Energy, Companies, CHK, Chesapeake, Halliburton, Economy of the United States, Halliburton, VoltaGrid LLC, HALLIBURTON, VOLTAGRID LLC

Halliburton Company (NYSE: HAL) and VoltaGrid LLC today announced the first successful deployment of an advanced electric fracturing solution.

Key Points: 
  • Halliburton Company (NYSE: HAL) and VoltaGrid LLC today announced the first successful deployment of an advanced electric fracturing solution.
  • This project is the first pad in a multi-year contract with Chesapeake Energy Corporation (NASDAQ: CHK) with more than 140 stages in the Marcellus.
  • This high-performing solution reduced emissions for Chesapeake by 32% and applied over 25 megawatts of lower-carbon power generation by leveraging Chesapeakes local field gas network.
  • Chesapeake is the first operator to use the VoltaGrid system on an electric frac operation, said Nathan Ough, CEO of VoltaGrid.

Chesapeake Energy Corporation Provides 2021 Second Quarter Earnings Conference Call Information

Retrieved on: 
Wednesday, July 21, 2021
Regions of the United States, CHK, Chesapeake Energy, Geography of the United States, Oklahoma City, Chesapeake, OKLAHOMA, NASDAQ, United States

OKLAHOMA CITY, July 21, 2021 /PRNewswire/ --Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it will release its 2021 second quarter operational and financial results after market close on Tuesday, August 10, 2021.

Key Points: 
  • OKLAHOMA CITY, July 21, 2021 /PRNewswire/ --Chesapeake Energy Corporation (NASDAQ: CHK) today announced that it will release its 2021 second quarter operational and financial results after market close on Tuesday, August 10, 2021.
  • A conference call to discuss the results has been scheduled on Wednesday, August 11, 2021 at 9:00 am EDT.
  • The telephone number to access the conference call is 888-317-6003 or 412-317-6061 for international callers.
  • Headquartered in Oklahoma City, Chesapeake Energy Corporation's (NASDAQ: CHK) operations are focused on discovering and developing its large and geographically diverse resource base of unconventional oil and natural gas assets onshore in the United States.

Chesapeake Energy Corporation Reports 2021 First Quarter Results, Initiates Common Stock Dividend And Announces Updated Guidance

Retrieved on: 
Tuesday, May 11, 2021
Cash flow, Business, Economy, Money, Corporate finance, Fundamental analysis, Dividend, Shareholders, Free cash flow, Operating cash flow, CHK

b'OKLAHOMA CITY, May 11, 2021 /PRNewswire/ --Chesapeake Energy Corporation (NASDAQ: CHK) today reported 2021 first quarter results, launched a cash dividend program based on strong operating cash flow performance and announced its updated 2021 guidance.

Key Points: 
  • b'OKLAHOMA CITY, May 11, 2021 /PRNewswire/ --Chesapeake Energy Corporation (NASDAQ: CHK) today reported 2021 first quarter results, launched a cash dividend program based on strong operating cash flow performance and announced its updated 2021 guidance.
  • With our talented employees, pristine balance sheet, operational leadership, and free cash flow outlook, I firmly believe Chesapeake is poised to deliver differential returns to our shareholders.
  • As of April 30, 2021, Chesapeake had approximately $500 million of unrestricted cash on hand.
  • In applying fresh start accounting, Chesapeake allocated its reorganization value to its individual assets based on their estimated fair values.