Chesapeake Energy (NYSE:CHK) announced that it will sell oil and natural-gas assets for $6.9 billion to narrow a cash-flow shortfall which threatens to put a damper on the company's drilling and production goals. Royal Dutch Shell (NYSE:RDS.A), Chevron (NYSE:CVX) and EnerVest will buy oil and gas fields in the Permian Basin for $3.3 billion, while Global Infrastructure Partners will acquire most of the company's pipeline and processing assets for $2.7 billion. Chesapeake has sold or agreed to sell $11.6 billion of assets this year in order to reach a goal of $13 billion to $14 billion.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
This is a wonderful investment site, period. 
Launch related slideshow:
Wednesday 9/28 Insider Buying Report: IRET, RRC
GDX, QINC: Big ETF Inflows
Tuesday 9/27 Insider Buying Report: MYOS
S&P 500 Movers: PAYX, FCX
Nasdaq 100 Movers: PAYX, INCY
Dow Movers: MCD, CAT
S&P 500 Analyst Moves: MET
Dow Analyst Moves: UTX
Dow Analyst Moves: BA
Wednesday Sector Laggards: Home Furnishings & Improvement, Music & Electronics Stores
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Non-Precious Metals & Non-Metallic Mining Stocks
Tuesday Sector Laggards: Oil & Gas Exploration & Production, Precious Metals
Wednesday's ETF with Unusual Volume: FTC
Wednesday's ETF Movers: XOP, XBI
VFH, DUST: Big ETF Outflows
Daily Dividend Report: AXP, SNX, CLC, MA, HRL
Daily Dividend Report: TTEC, MTN, NRZ, SM
Daily Dividend Report: MAS, WPC, RTN, CAG, UDR
Fed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: August 14, 2015
Weekly Market Wrap: August 7, 2015
Weekly Market Wrap: July 31, 2015
Week Ahead Market Report: June 8, 2015
Week Ahead Market Report: May 18, 2015
Week Ahead Market Report: May 4, 2015