Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Chesapeake Energy Corporation    CHK

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Chesapeake Energy Corporation : Finkelstein Thompson LLP Announces Investigation of Chesapeake Energy Corp.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2012 | 06:25pm CET

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Chesapeake Energy Corp. ("Chesapeake" or the "Company") (NYSE: CHK). If you are interested in discussing your rights as a Chesapeake shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at contact@finkelsteinthompson.com.

On April 18, Reuters reported that the Company's Chief Executive Officer, Aubrey McClendon, had borrowed up to $1.1 billion against his personal ownership stakes in wells owned by the Company. Reuters additionally reported the loans were "used to fund McClendon's operating costs for an unusual corporate perk that offers him a chance to invest in a 2.5 percent interest in every well the company drills." The article went on to observe that experts had stated that the "size and nature of the loans raise questions about whether McClendon's personal financial deals could compromise his fiduciary duty to Chesapeake investors," and that the company had not previously disclosed the loans to shareholders.

On April 19, 2012, the Wall Street Journal reported that the Company's general counsel had confirmed that the Company's board of directors was aware of the existence of transactions Mr. McClendon made via entities he controlled. An article published in the same newspaper the next day quoted an Argus Research analyst as stating "[w]e believe the best thing for investors would be to replace the board and/or the CEO."

Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers. To learn more about Finkelstein Thompson LLP, please visit our web site at www.finkelsteinthompson.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Finkelstein Thompson LLP
L. Kendall Satterfield, 877-337-1050


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHESAPEAKE ENERGY CORPORAT
03/20 CHESAPEAKE ENERGY CORPORATION : Are Chesapeake Energy and Southwestern Energy Im..
03/11 CHESAPEAKE ENERGY : Settlement erases some of Aubrey McClendon estate debts
03/09 U.S. shale firms lift reserves while oil majors take Canada hit
03/09 Purcell Julie & Lefkowitz LLP Is Investigating Chesapeake Energy Corporation ..
03/06 CHESAPEAKE ENERGY CORPORATION : Today's Research Reports on Stocks to Watch: Che..
03/03 CHESAPEAKE ENERGY : Management's Discussion and Analysis of Financial Condition ..
02/28 SWIFT ENERGY COMPANY (OTCMKTS : SWTF) Files An 8-K Departure of Directors or Cer..
02/27 CHESAPEAKE ENERGY : Why is Chesapeake Energy Corporation (CHK) in Freefall?
02/27 MARKETS RIGHT NOW : Stocks open lower on Wall Street
02/23 CHESAPEAKE ENERGY : CHK) Falls on Earnings
More news
Sector news : Oil & Gas Exploration and Production - NEC
06:22a ALL DRILL, NO FRACK : U.S. shale leaves thousands of wells unfinished
12:06aDJRiverstone, Retired Energy Executive Get Billion-Dollar Check to Shop in Oil ..
03/23 HUSKY ENERGY : Canada's Saskatchewan province reviews pipeline rules after Husky..
03/23DJCNOOC : Manages to Book Annual Profit Amid Cost Cutting
03/21 Statoil confirms Sverdrup oilfield cost estimate
More sector news : Oil & Gas Exploration and Production - NEC
News from SeekingAlpha
03/23 Chesapeake Energy started with Buy rating, $10 price target, at Stifel
03/23 CHESAPEAKE ENERGY : Liquidity Matters
03/22 CHESAPEAKE ENERGY : Be Patient
03/20 CHESAPEAKE ENERGY : Buy Under $5
03/20 Chesapeake Energy - This 'Dangerously Oversold' Reading Could Be A Trap
Advertisement
Financials ($)
Sales 2017 9 442 M
EBIT 2017 1 175 M
Net income 2017 640 M
Debt 2017 10 227 M
Yield 2017 -
P/E ratio 2017 7,37
P/E ratio 2018 4,24
EV / Sales 2017 1,56x
EV / Sales 2018 1,33x
Capitalization 4 534 M
More Financials
Chart CHESAPEAKE ENERGY CORPORAT
Duration : Period :
Chesapeake Energy Corporat Technical Analysis Chart | CHK | US1651671075 | 4-Traders
Full-screen chart
Technical analysis trends CHESAPEAKE ENERGY...
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 36
Average target price 7,49 $
Spread / Average Target 50%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Robert Douglas Lawler President, Chief Executive Officer & Director
R. Brad Martin Non-Executive Chairman
Domenic J. Dell’Osso Chief Financial Officer & Executive Vice President
Cathy L. Tompkins CTO & Senior Vice President-Information Technology
Merrill A. Miller Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHESAPEAKE ENERGY CORP..-27.49%4 534
CONOCOPHILLIPS-11.29%55 180
EOG RESOURCES INC-6.22%54 628
CNOOC LTD-7.88%51 305
OCCIDENTAL PETROLEUM C..-11.50%48 540
WILLIAMS PARTNERS LP4.26%37 870
More Results