Chesapeake Energy Files for Bankruptcy Protection

Chesapeake Energy (CHK) filed for bankruptcy protection. Rocked by $7 billion in debt, and a drop in oil and gas prices, the news comes as no shock.  As recently as May 2020, the company had concerns regarding its long-term viability. The company just said $7 billion in debt will be wiped out through restructuring, as … Continue reading “Chesapeake Energy Files for Bankruptcy Protection”