Thread regarding Chesapeake Energy Corp. layoffs

Chesapeake Net Worth

Chesapeake net worth is now $125 million, down from $10.1 billion in 2015. Debt is $9.5 billion as of March 31 of this year. Strong possibility of bankruptcy filing this year.

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| 1981 views | | 5 replies (last May 15, 2020) | Reply
Post ID: @OP+14XiUERD

5 replies (most recent on top)

Look at this Robinhood trader talk about a corps net worth. Hey, Chief, that's not quite how it works. Plus, if you are trying to calculate "net worth" for a corp, kind of an irrelevant stat, like that of an individual, you are off by about $4bil. As in, it's -$4bil.

Go back to buying $USO, it's bound to work some day, right?

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Post ID: @1nlb+14XiUERD

It’s been “next week” for at least three months. If you geniuses keep guessing one is bound to be right someday.

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Post ID: @1jny+14XiUERD

This year? Be more confidence! why not next week?

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Post ID: @sai+14XiUERD

true net worth is negative

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Post ID: @rdl+14XiUERD

Wow, no s**t.
Thanks for the update bro

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Post ID: @fbm+14XiUERD

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