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Chesapeake's share price falls on bankruptcy fears


Chesapeake's share price falls on bankruptcy fears

Report summary

Chesapeake's share price fell as much as 51% intraday on news that the company hired a law firm to advise on restructuring options. We believe the company can use its estimated US$5 billion liquidity position to avoid bankruptcy throughout 2016 and potentially beyond. 

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  • Chesapeake's share price falls on bankruptcy fears PDF - 984.65 KB 2 Pages, 0 Tables, 1 Figures

Description

This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

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