Current CHK Stock Info

Chesapeake Energy (ticker: CHK), the second largest producer of natural gas in the United States, altered its financial strategy via a company news release on July 21, 2015. The announcement included a handful of cash-saving moves, ranging from internal budget decisions to outright divestures. The initiatives are listed below.

CHK will not issue a dividend for its common shares in the third quarter and will instead invest the cash into its 2016 capital program. CHK says the $0.35 per share annual dividend will save the company approximately...

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