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It's going from bad to worse at Chesapeake Energy

2016-02-24 18:06:24| Energy - Topix.net

Its fourth-quarter earnings release said its capital spending would total $1.3 billion to $1.8 billion this year, 57% lower than what it spent in 2015. The company is aiming to divest from up to $1 billion of its assets to raise cash.

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