Monday, July 28, 2025

How Debt Caught Up With Chesapeake

Company loaded up on debt during the energy boom years, but the commodity bust is now hitting hard From the Wall Street Journal A prolonged slump in commodity prices is rattling the market for junk-rated energy debt, but few firms have been hit harder than Chesapeake Energy Corp. Half of the 10 worst-performing junk bonds over the past week were issued by Chesapeake,