Chesapeake Energy News

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Oklahoma City-based Chesapeake Energy Corp. donated $1 million to the Red Cross in Oklahoma to help with recovery efforts after the May 20 tornado.

Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.

It's common for companies to make big cash donations after a disaster. But following Monday's tornado in Oklahoma City, several firms are going beyond writing a check, offering help through the use of their equipment, staff, buildings and other in-kind donations.

It's common for companies to make big cash donations after a disaster. But following Monday's tornado in Oklahoma City, several firms are going beyond writing a check, offering help through the use of their equipment, staff, buildings and other in-kind donations.

Robert Douglas Lawler, a petroleum engineer who was most recently an executive at Texas-based Anadarko Petroleum, will lead the Oklahoma City company starting June 17.

Chesapeake Energy traded up 2.61% on Monday, hitting $20.80. Chesapeake Energy has a 1-year low of $13.69 and a 1-year high of $22.97. The stock's 50-day moving average is currently $19.56. The company's market cap is $13.874 billion.

Wichita Business Journal employee Gary Nickel received this photo from his son, Justin Nickel, who was in the Moore, Okla., area Monday afternoon.

Top Stories In its quest for cool, Yahoo nabs Tumblr. Yahoo's board approved the $1.1B acquisition of popular blogging service Tumblr Sunday, the latest step in Marissa Mayer's quest to give the internet heavyweight a much-needed makeover.

Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon, the Wall Street Journal reported, citing people familiar with the matter.

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit www.djreprints.com Yahoo agreed to pay $1.1 billion for blogging site Tumblr, a six-year-old company with more ... (more)

In order to try to get first-mover status during the unconventional oil and gas boom, several companies took on large tracts of speculative land in hopes of paying them off later on.

In addition, Fitch has affirmed the ratings on the company's secured credit facility and its preferred stock.

Ohio's top Utica shale wells for production of oil and gas in 2012 were concentrated in Eastern Ohio.

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This morning, Goldman Sachs downgraded shares of Advanced Micro Devices from neutral to sell as the stock price has become overbought.

The firm currently has a "market perform" rating on the stock. Shares of Chesapeake Energy traded down 0.48% during mid-day trading on Wednesday, hitting $20.66. Chesapeake Energy has a one year low of $13.32 and a one year high of $22.97. The stock's 50-day moving average is currently $19.56. The company's market cap is $13.450 billion.

Workers tend to a well head during a hydraulic fracturing operation at a gas well outside Rifle, in western Colorado.

As Anadarko Petroleum Corp. Chairman Jim Hackett steps down and heads off to Harvard Divinity School, Chief Executive Officer Al Walker's biggest challenge is convincing investors nothing will change at the $45 billion global oil explorer.

Mohnish Pabrai is a value investor who has built a Buffett-inspired fund that he manages called Dalal Street.