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Chesapeake Energy (CHK) raises another $6.9B, inking multiple agreements to sell the majority of...

Chesapeake 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)
Comments (1)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    After $14B in asset sales, what is the valuation of remaining CHK assets?
    12 Sep 2012, 03:42 PM Reply Like
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