21 June 2016director interest notice● Neutral
EXPAND ENERGY Corp CEO Robert D. Lawler had 59,150 shares withheld for taxes on vesting stock.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 June 2016substantial holder notice● Neutral
Southeastern Asset Management, Inc. I.D. No, Longleaf Partners Fund I.D. No, O. Mason Hawkins I.D. No. XXX-XX-XXXX reported a EXPAND ENERGY Corp shareholding of 53,940,462 shares (7.60% of votes) in a periodic institutional filing.
8 June 2016capital raising announcement▼ Bad
A third exchange round issued 22.0 million more shares for $125.3 million of notes, extending the pattern into a third consecutive month.
23 May 2016capital raising announcement▼ Bad
From 16 to 23 May 2016, a further round of exchanges issued about 37.1 million shares (roughly 5.2% of outstanding stock) for $166.0 million of senior notes.
12 May 2016capital raising announcement▼ BadMajor
Chesapeake began a debt-for-equity exchange program during the shale-gas downturn, issuing 28.1 million new shares (4.1% dilution) for $153 million face value of convertible and senior notes.
5 May 2016quarterly activities report▼ Bad
Chesapeake reported first-quarter 2016 revenue of $1,953 million and a net loss of $921 million, compared with a $3,720 million loss a year earlier.
5 May 2016quarterly activities report▼ Bad
Chesapeake said it issued a press release on 5 May 2016 reporting first-quarter 2016 results. It also posted an accompanying presentation on its website.
11 Apr 2016debt financing▼ BadMajor
Chesapeake amended its senior credit agreement, reaffirming a $4.0 billion borrowing base but deferring the next redetermination and suspending several leverage and interest-coverage covenants into 2017 - an early sign of balance-sheet strain during the 2015-16 gas price downturn.
8 Apr 2016agm notice● Neutral
EXPAND ENERGY Corp announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
8 Apr 2016agm notice● Neutral
Chesapeake filed its proxy statement for the 20 May 2016 annual meeting. Shareholders were asked to elect directors, raise authorized common shares from 1.0 billion to 1.5 billion, amend the incentive plan, give an advisory pay vote, ratify PwC and consider two shareholder proposals.
8 Apr 2016substantial holder notice● Neutral
Capital Research Global Investors ** reported a EXPAND ENERGY Corp shareholding of 33,215,000 shares (4.90% of votes) in a periodic institutional filing.