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Chesapeake Energy Posts Big Loss, High Cash Burn, Amid Oil Slump - Forbes
Business Insider | Chesapeake Energy Posts Big Loss, High Cash Burn, Amid Oil Slump Forbes The biggest contributor to the loss was a charge against earnings of $5 billion, reflecting the impaired value of oil and gas assets that are simply not worth drilling at current commodity prices. The good thing for Chesapeake is that the impairment is ... Chesapeake Energy has quarterly loss as oil price hurts Chesapeake Energy (CHK) Stock Falls Despite Earnings Beat, Oil Prices Ongoing ... |
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