Market Currents
Chesapeake Energy (CHK) raises another $6.9B, inking multiple agreements to sell the majority of...
-
Wednesday, September 12, 2012, 7:22 AM ETChesapeake Energy (CHK) raises another $6.9B, inking multiple agreements to sell the majority of its Permian assets, among other properties. A portion of the proceeds will be used to repay $4B in term loans during Q4. The move brings YTD sales of $11.6B, says CEO McClendon, and he expects the company to hit its full-year goal of $13B-1$4B. Shares +1.7% premarket. (PR)
Other date
Latest Energy & Materials Articles
This news story has 1 comment: