Jim Cramer On Chesapeake Energy Filing For Bankruptcy
Chesapeake energy's filing means that the equity value of their stock will be close to $7 billion and their investors will be holding worthless stock. jim cramer on chesapeake energy filing. Shale gas pioneer chesapeake energy, once worth $37.5 billion, has warned of a possible chapter 11 bankruptcy filing in order to restructure some $9 billion in debts. chesapeake energy corp. (chk. Jim cramer on chesapeake energy filing for bankruptcy. amp video jun 29. bookmark border. share. what should we expect after chesapeake energy's filing for chapter 11 bankruptcy? i will be on a webinar in 45 minutes at 11 am eastern time with @robertclarke wm and other wood mackenzie analysts to discuss what happens next. Chesapeake energy corporation (nyse: chk) may be the latest casualty of the coronavirus pandemic and the related disruption in the energy market. the oklahoma company is negotiating a $900 million. Chesapeake energy shares were trading down 26.89% at $19.63 in thursday’s pre market session. the stock has a 52 week high of $598 and a 52 week low of $12.30 per share.