Aubrey McClendon

Those not living in a cave by now know that legendary corporate raider Carl Icahn has shelled out about $785 million to buy 50.1 million shares, or 7.6% of downtrodden Chesapeake Energy (NYSE: CHK), the second-largest U.S. natural gas producer. This is Icahn's second tryst with Chesapeake. The...

In the classic "Wall Street," the first one, Michael Douglas' Gordon Gekko told the shareholders of the fictional Teldar Paper "I am not a destroyer of companies. I am a liberator of them!" These days, Chesapeake Energy (NYSE: CHK) investors might feel as though they're stuck with a destroyer of...

Chesapeake Energy (NYSE: CHK) is raising questions from investors after revoking CEO Aubrey McClendon's chairman status yesterday . McClendon entered the spotlight for borrowing, according to The Wall Street Journal, $1.4 Billion using his stake in Chesapeake wells as collateral. He also owned...

Chesapeake Energy (NYSE: CHK) is raising questions from investors after revoking CEO Aubrey McClendon's chairman status yesterday . McClendon entered the spotlight for borrowing, according to The Wall Street Journal, $1.4 Billion using his stake in Chesapeake wells as collateral. He also owned...

Chesapeake Energy (NYSE: CHK) CEO Aubrey McClendon has reportedly borrowed as much as $1.1 billion over the last three years against his holdings in thousands of Chesapeake wells and as if that move wasn't questionable, he didn't see fit to tell shareholders about it. The loans allow McClendon to...

This isn't exactly breaking news, but natural gas prices have been in a downward spiral for a while now. So perhaps it's no coincidence that the charts of the U.S. Natural Gas Fund (NYSE: UNG), one of the most controversial ETFs on the market, and Chesapeake Energy (NYSE: CHK) look eerily similar....

Chesapeake Energy (NYSE: CHK), the second-largest U.S. natural gas producer, is planning to spin-off its oil services unit next year, CEO Aubrey McClendon said from the Stephens Fall Investment Conference. Oklahoma-based Chesapeake could retain a stake of around 80% in the services business once...

Natural gas prices have been on a tear in the past few months, jumping nearly 20% as temperatures soar across the country, particularly here in the Northeast. Since touching a 2011 low of around $3.80 per BTU, natural gas has been on fire (no pun intended) and investors are looking to cash in the...