Chesapeake Energy (CHK) Declares $0.0875 Quarterly Dividend; 2% Yield

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Go back to Chesapeake Energy (CHK) Declares $0.0875 Quarterly Dividend; 2% Yield

Big Oil Gets Nervous as Crude Crashes Below $60

December 11, 2014 5:47 PM EST

The drop in oil prices is a double-edged sword for U.S. stock investors. On one hand it means greater consumer confidence and more robust spending as consumers are paying less at the pump and therefore have more money in their pocket to spend on discretionary items. On the other hand it means billions in lost profits, potential job cuts and potential bankruptcies for companies in and related to the massive... More