CapitalOne Upgrades Chesapeake Energy (CHK) to Equal-weight
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Chesapeake Energy (CHK) Prices $1.5B Term Loan Facility
August 17, 2016 6:06 AM EDTChesapeake Energy Corporation (NYSE: CHK) announced that it successfully priced its proposed term loan and, as a result of strong demand, has upsized the term loan to $1.5 billion from a previously announced size of $1.0 billion. The term loan is being arranged by Goldman Sachs Bank USA, Citigroup... More
Barclays Lifts PT on Chesapeake Energy (CHK) to $3; Sees Cash Flow Improving Post-Barnett Exit
August 16, 2016 11:09 AM EDTBarclays boosts its price target on Underweight-rated Chesapeake Energy (NYSE: CHK) from $1 to $3 following recent company progress in midstream contracts and Barnett Shale play.
Analyst Thomas Driscoll commented today, Chesapeake has improved its economics by addressing above-market midstream contracts in several regions and by exiting the Barnett. We are increasing 2018 EBITDA estimates (or PICF) by $635 million to... More
