https://www.reuters.com/markets/deals/southwestern-chesapeake-near-17-billion-merger-wsj-2024-01-05/
3 replies (most recent on top)
Done deal as of this morning!!!
Typical CHK fashion, sell oil assets and go all natural gas heavy in historically low gas price environment and higher oil price environment. Purchasing gas operators left and right while not even thinking about paying back the $7B debt that crippled a lot of vendors, employees and stock holders.
Good opportunities have been chasing CHK around for years, but CHK is too fast. LOL.
Need SWN to help pay for the 3 dead and one permanently injured in the blowout caused by DL, SB, investigated thoroughly by TB with a final report concluding, "Sh-t happens, but we don't know why", all the while firing anyone with brains that figured out the truth.