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.
I absolutely consider this site the most important
Launch related slideshow:
Tuesday 7/29 Insider Buying Report: CPSS, TWI
Tuesday 7/29 Insider Buying Report: T, CLB
Monday 7/28 Insider Buying Report: QDEL, HAFC
S&P 500 Movers: GLW, WIN
Nasdaq 100 Movers: VIP, WYNN
Dow Movers: UNH, T
S&P 500 Analyst Moves: MCK
S&P 500 Analyst Moves: HON
S&P 500 Analyst Moves: NWL
Tuesday Sector Leaders: Biotechnology, Metals Fabrication & Products
Tuesday Sector Laggards: Shipping, Rubber & Plastics
Monday Sector Leaders: Electric Utilities, Department Stores
Tuesday's ETF with Unusual Volume: VDC
Tuesday's ETF Movers: IYZ, GDXJ
TLT, FKO: Big ETF Outflows
Daily Dividend Report: IBM, EXC, WYNN, ENR, CLF, VLO, CR, DK
Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
Daily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAP
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: July 25, 2014
Weekly Market Wrap: July 18, 2014
Weekly Market Wrap: July 11, 2014
Week Ahead Market Report: July 28, 2014
Week Ahead Market Report: July 21, 2014
Week Ahead Market Report: July 14, 2014