Chesapeake Energy Corp.’s shares fell more than 5% in midday trading Friday as investors expressed their dismay at the company’s third quarter earnings report, which indicated rising debt levels and continued heavy spending in the U.S. onshore.
Dismay
Articles from Dismay
Congress Calls on Bush Administration to Respond to Royalty Ruling
Forty-three senators and 10 House lawmakers sent letters last week to the Bush administration expressing their dismay with a recent federal court ruling that could exempt producers from the payment of royalties on oil and natural gas produced from deepwater leases acquired between 1996 and 2000, a move that would cost the federal government billions of dollars.
November 12, 2007
Congress Calls on Bush Administration to Respond to Royalty Ruling
“North of 30” senators and up to 10 House lawmakers have sent letters to the Bush administration expressing their dismay with last week’s federal court ruling that could exempt producers from the payment of royalties on oil and natural gas produced from deepwater leases acquired between 1996 and 2000, a move that would cost the federal government billions of dollars.
November 8, 2007
June Loses 3.1 Cents; ‘Don’t Be Too Short,’ Trader Says
June futures eased, to the dismay of market bulls who were hoping the contract would exhibit Friday’s strength and trade up to $8.23 Monday, or at least hold the psychologically important $8 technical support. instead, June settled at $7.913, down 3.1 cents, and July followed suit, dropping 4.3 cents to $8.091.
May 22, 2007
Have You Heard This Before? Cash Prices Flat
Some traders were groaning with dismay Wednesday at the prospectof the March market being one of nearly all sideways pricemovement, much like the February one preceding it. All it takes isa look at the multitude of zeroes and ones in the change column ofDaily GPI’s price table today to understand where they might havegotten such an idea.
March 4, 1999
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