WSJ (6 July) in Sec. R/pg. 4 cited CHK as an oddity for filing BK end of June when just weeks before (early June) stock had shot up 180% in one day. Cracks are becoming wider...

Stay tuned for details.

https://www.google.com/amp/s/www.forbes.com/sites/terinaallen/2020/05/29/3-things-amy-cooper-did-in-central-park-that-destroyed-her-life/amp/ Her management is worse only she got caught. The same management that CHK management does business with. — read more 

Almost everyone except management loses unless company gets its way

Lawler Intentionally filed early in order to put pressure on Franklin Resources and expose them to litigation. He ensured there were provisions in place that would have the filing thrown out.

this week or next. Companies in bankruptcy always reduce workforce and don’t hand out severance packages, especially when they’re breaking contracts with other companies anyway. Save your money. If you must, get a second mortgage while you’re... — read more 

https://www.msn.com/en-us/money/companies/companies-filing-for-bankruptcy-use-loophole-to-give-ceos-huge-bonuses/ar-BB16gDne

https://www.fool.com/earnings/call-transcripts/2020/02/26/chesapeake-energy-corp-chk-q4-2019-earnings-call-t.aspx

Are they gonna shut down natural gas rigs to save operational costs, or they are still operating to produce natural gas for cash to pay debts

They want it at OTC so they can do this real quick and start back up. I hope it gets bogged down in lawsuits and has to go CH7. Lawler turned out to be a real slick thief and con man. He stopped talking at earnings and the RS it was all planned then... — read more 

Looking elsewhere ... That's really humorous - in the current oil business climate, there is no "elsewhere" to look. Oil companies are shrinking, laying off staff, and there is a huge mob of recently unemployed oil business types chasing after any... — read more 

Just checked Yahoo finance and it shows a stock price of $11.78 and zero volume.

Then they laid me off. Seems something is FU here

Pretty good at bankrupting companies

If there are more layoffs, what's going to happen with severance? Is it still an option or will people be cut with no compensation? As if I wasn't worried enough before...

Is this the right thing to do? It's the only thing to do. The only reason it wasn't sooner is that they were waiting on the executive bonus to be paid. That just occurred, so now that they have a fat cushion, go ahead and file. Have you also noticed... — read more 

If anyone scoops up Chesapeake coming out chapter 11, most likely it will be private equity types specializing in energy markets. Then Exxon will buy it from them at a huge price increase in seven or eight years, right before an oil crash.

https://www.reddit.com/r/wallstreetbets/comments/hhle53/comment/fwaqnsz Chesapeake Energy just filed for Chapter 11 bankruptcy protection.... alright everyone you know the drill lets pump this puppy 1000% tomorrow

What does this mean? Chesapeake secured $925 million in debtor-in-possession financing to fund operations, and agreed with lenders to terms of a $2.5 billion exit financing, "consisting of a new $1.75 billion revolving credit facility and a new... — read more 

https://www.prnewswire.com/news-releases/chesapeake-energy-corporation-commences-voluntary-chapter-11-process-301084764.html#nav-mobile

https://cases.primeclerk.com/SPR/

Received interest payments today for 6/15 coupons (both maturities)

Bunch of liars

I long for the good old days here. Back when we lost money on every well we drilled. When we drilled in locations based on how they would benefit the FWPP. When we spent borrowed money to have beer parties and concerts and make ridiculous donations... — read more 

Awesome sauce

sigh

For those of you hoping to blame all this on DL, read recent media publications from credible sources and journalists. People are going to really start looking in to the history of this company now and I couldn’t be happier. Going from $19bn - $10bn... — read more 

Any employees have any insider info?

www.reuters.com/how-to-profit-from-bankrupting-your-own-company

and will pay dearly for it.

Chesapeake is expected to file for chapter 11 bankruptcy this week as early as Thursday. Filing might be delayed to early next week depending on negotiations with creditors. The result will be a debtor in possession which means the creditors will... — read more 

what happens to my chk 401k after the company goes under?? should I withdraw now?! Idk what to do!!!

All 401k's to be wiped out

Thank God

https://www.google.com/amp/s/www.cnbc.com/amp/2020/06/12/hertz-granted-approval-to-sell-up-to-1-billion-in-shares.html

What happens to Williams midstream when CHK goes under?

how are all you little people doing today?