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Chesapeake Eyes Pipeline Sale for More Than $4 Billion

Chesapeake Energy Corp. (CHK) is in advanced talks to sell all of its interests in Chesapeake Midstream Partners LP (CHKM) and other pipeline assets to Global Infrastructure Partners, Bloomberg News reported on its website Wednesday, citing two people with knowledge of the matter. The talks could lead to a deal within days, but could also fall apart, Bloomberg reported the people as saying. If successful, the transactions could raise more than $4 billion, they said. Michael Kehs, a spokesman for Chesapeake, declined to comment, while a spokesman for GIP didn't immediately return a call, Bloomberg said.

Stock News for Chesapeake (CHK)
DateTimeHeadline
04/01/201514:58:21Earthquake Case Could Doom Fracking in Oklahoma
04/01/201509:10:34Chesapeake chairman buys 1M shares worth nearly $14M
03/31/201513:15:25Investors Look for Gems in Rubble of Crude's Collapse
03/30/201510:10:02Carl Icahn Using Chesapeake As A Bet On Oil Prices
03/26/201507:37:57Oil: The Bottom Is In And It Is Time To Add Stocks
03/24/201517:06:48MARKET SNAPSHOT: S&P 500, Dow Erase Gains In Choppy Trade
03/24/201517:01:25MARKET SNAPSHOT: U.S. Stocks Struggle To Push Higher Amid Stronger...
03/24/201515:12:46MARKET SNAPSHOT: U.S. Stocks Push Higher Amid Stronger Data
03/24/201510:48:07MARKET SNAPSHOT: U.S. Stock Futures Pare Gains As Dollar Bounces...
03/24/201510:23:30MARKET SNAPSHOT: U.S. Stock Futures Push Higher After CPI
03/24/201507:51:53MARKET SNAPSHOT: U.S. Stock Futures Higher Amid Dollar Retreat;...
03/24/201506:31:21Wall Street Breakfast: China Growth Worries Surface Again
03/24/201506:05:37MARKET SNAPSHOT: U.S. Stocks: Futures Wary Ahead Of CPI As A...
03/24/201506:00:00Chesapeake Granite Wash: Risky Bet Even If Energy Prices Rebound
03/23/201518:13:22Icahn increases Chesapeake Energy stake to nearly 11%
03/23/201516:30:00Chesapeake Energy Corporation Updates Its 2015 Operating Plan...
03/22/201519:38:50U.S. Oil Export Ban: Are There Reasons Not To Repeal?
03/21/201511:00:09What Happens to Natural Gas Stocks if Cheap Gas is Here to Stay?
03/20/201505:35:56Portfolio Strategy And Asset Allocation Based On Algorithms
03/19/201509:09:52Chesapeake Energy cut to Underperform from Neutral at Sterne...

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