Chesapeake posts $3.7 billion loss in first quarter

Ponca City Now - May 6, 2015 10:57 am

OKLAHOMA CITY (AP) – Chesapeake Energy reports that it lost more than $3.7 billion in the first quarter.

The Oklahoma City company’s loss amounts to near $6 a share.

Chesapeake shares have dropped 19 percent since the beginning of the year and 44 percent in the past 12 months.


Latest Stories

OU honors defensive stars Selmon brothers with statue

NORMAN, Okla. (AP) — The University of Oklahoma dedicated a statue honoring the Selmon brothers —...

Martinez runs for 4 TDs, K-State stuns No. 6 Sooners 41-34

NORMAN, Okla. (AP) — Kansas State quarterback Adrian Martinez ran for 148 yards and four touchdowns,...

Staffing shortages, violence plague Oklahoma prisons

HOLDENVILLE, Okla. (AP) — With one of the highest incarceration rates in the country, Oklahoma has...