Chesapeake Energy (CHK) says it will offer buyouts to 275 employees, the third round of staff...

|About: Chesapeake Energy Corporation (CHK)|By:, SA News Editor

Chesapeake Energy (CHK) says it will offer buyouts to 275 employees, the third round of staff cuts it has made in six months as it struggles to keep costs in line amid lower natural gas prices. The move also could have been prompted by CHK not meeting its desired price for pipeline and midstream assets it recently sold (I, II), analyst Phil Weiss says.