trending Market Intelligence /marketintelligence/en/news-insights/trending/sTftUY_lJORO-u08a5kE3g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Facing de-listing, Chesapeake Energy mulls options to regain NYSE compliance

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Facing de-listing, Chesapeake Energy mulls options to regain NYSE compliance

Facing de-listing from the NYSE, oil and gas driller Chesapeake Energy Corp. is planning a set of measures to regain compliance with NYSE listing standards which could include a reverse stock split, the company said in a Dec. 13 release.

The company on Dec. 10 received a notice from the NYSE that the company has failed to meet the exchange's minimum price closing criteria of at least $1.00 over a consecutive 30 trading-day period.

The measures Chesapeake is looking to take to get back in good standing include carrying out its existing capital and operating program, reducing debt through capital market transactions and asset sales, and possibly reverse stock split, subject to shareholder approval during the company's annual shareholder meeting in May 2020.

The company said that it has six months after getting the notice to regain compliance. During that period, Chesapeake's shares will continue trading on the exchange with the addition of a suffix indicating that its shares are below compliance as CHK.BC.

Chesapeake holds interests in natural gas resource plays, including the Marcellus in the Appalachian Basin, the Eagle Ford Shale in Texas and the Anadarko Basin of Oklahoma.