10 Mar 2020agm notice● Neutral
EXPAND ENERGY Corp announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
26 Feb 2020quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $1926.0 million and a net loss of $324.0 million for the period ended 2019-12-31.
13 Feb 2020substantial holder notice● Neutral
The Carlyle Group Inc, Carlyle Group Management L.L.C, Carlyle Holdings I GP Inc, Carlyle Holdings I GP Sub L.L.C, Carlyle Holdings I L.P, CG Subsidiary Holdings L.L.C, TC Group, L.L.C, TC Group Sub L.P, TC Group VI S, CP VI Eagle Holdings, L.P reported a EXPAND ENERGY Corp shareholding of 172,897,386 shares (8.80% of votes) in a periodic institutional filing.
12 Feb 2020substantial holder notice● Neutral
The Vanguard Group reported a EXPAND ENERGY Corp shareholding of 163,300,973 shares (8.35% of votes) in a periodic institutional filing.
10 Feb 2020substantial holder notice● Neutral
BlackRock, Inc reported a EXPAND ENERGY Corp shareholding of 115,006,166 shares (5.90% of votes) in a periodic institutional filing.
29 Jan 2020quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $1926.0 million and a net loss of $324.0 million for the period ended 2019-12-31.
27 Dec 2019debt financing▼ BadMajor
Chesapeake amended its credit agreement again to accommodate the note exchange and raised $120 million from institutional investors, continuing to patch its balance sheet as the NYSE delisting clock ran.
26 Dec 2019debt financing▼ BadMajor
Chesapeake exchanged existing unsecured notes for new 11.5% senior secured second-lien notes due 2025 - a distressed-debt exchange whose high coupon underscores how much the market's view of its credit risk had deteriorated.
13 Dec 2019listing compliance notice▼ BadMajor
The NYSE warned Chesapeake that its stock had traded below the $1.00 minimum average price for 30 straight days, starting a six-month clock to regain compliance or face delisting.
10 Dec 2019substantial holder notice● Neutral
BlackRock, Inc reported a EXPAND ENERGY Corp shareholding of 106,201,893 shares (5.40% of votes) in a periodic institutional filing.
9 Dec 2019director interest notice● Neutral
EXPAND ENERGY Corp director Thomas L Ryan bought 200,000 shares on the open market at $0.75.
4 Dec 2019material agreement▼ BadMajor
Chesapeake tightened its credit agreement again - raising the interest margin, requiring at least $250 million of liquidity at all times, and swapping out a leverage covenant - signaling deepening balance-sheet stress heading into 2020.
14 Nov 2019director interest notice● Neutral
EXPAND ENERGY Corp SVP & Chief Accounting Officer William M Buergler bought 70,681 shares on the open market at $0.71.
13 Nov 2019substantial holder notice● Neutral
Esquisto Holdings, LLC, WHR Holdings, LLC, NGP XI US Holdings, L.P, WHE AcqCo Holdings, LLC, NGP Energy Capital Management, L.L.C reported no remaining EXPAND ENERGY Corp shareholding in its periodic institutional filing.
12 Nov 2019director interest notice● Neutral
EXPAND ENERGY Corp 10%+ owner Ngp Energy Capital Management, L.L.C. disposed of 310,812,722 shares via option/appreciation-right settlement.
6 Nov 2019director interest notice● Neutral
EXPAND ENERGY Corp CEO Robert D. Lawler bought 50,000 shares on the open market at $0.91.
6 Nov 2019director interest notice● Neutral
EXPAND ENERGY Corp director R Brad Martin bought 250,000 shares on the open market at $0.85.
5 Nov 2019quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $2087.0 million and a net loss of $61.0 million for the period ended 2019-09-30.
5 Nov 2019quarterly activities report▼ Bad
EXPAND ENERGY Corp reported quarterly revenue of $2087.0 million and a net loss of $61.0 million for the period ended 2019-09-30.
8 Oct 2019substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc disclosed a new substantial EXPAND ENERGY Corp shareholding (12.40% of votes).
1 Oct 2019director interest notice● Neutral
EXPAND ENERGY Corp SVP & Chief Accounting Officer William M Buergler had 1,307 shares withheld for taxes on vesting stock.
19 Sept 2019capital raising announcement▼ Bad
Days later, Chesapeake exchanged another 68.6 million shares for $145 million more of senior notes, continuing the same last-ditch deleveraging push ahead of its 2020 bankruptcy.
10 Sept 2019capital raising announcement▼ BadMajor
In its largest exchange yet, Chesapeake issued 250.7 million new shares -- a massive dilution -- to a single large investment manager for nearly $588 million of preferred stock and senior/convertible notes, just months before its NYSE delisting notice and under a year before its Chapter 11 filing.
6 Aug 2019quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $2386.0 million and net income of $98.0 million for the period ended 2019-06-30.
6 Aug 2019quarterly activities report● Neutral
EXPAND ENERGY Corp reported quarterly revenue of $2386.0 million and net income of $98.0 million for the period ended 2019-06-30.
29 May 2019director interest notice● Neutral
EXPAND ENERGY Corp EVP-Gen'l Counsel & Corp. Sec. James R Webb bought 50,000 shares on the open market at $1.96.
28 May 2019director interest notice● Neutral
EXPAND ENERGY Corp Exec. Vice President & CFO Domenic J Dell'osso Jr. bought 50,000 shares on the open market at $2.01.
28 May 2019director interest notice● Neutral
EXPAND ENERGY Corp CEO Robert D. Lawler bought 50,000 shares on the open market at $2.02.
21 May 2019director interest notice● Neutral
EXPAND ENERGY Corp director Thomas L Ryan received 114,108 shares as part of the equity award.
21 May 2019director interest notice● Neutral
EXPAND ENERGY Corp director Merrill A Miller Jr. received 109,959 shares as part of the equity award.