May 04, 2012 at 10:15 AM EDT
TEXT-Fitch revises Chesapeake Energy outlook to negative
May 4 - Fitch Ratings has revised Chesapeake Energy Corporation's (Chesapeake) Rating Outlook to Negative from Stable. In addition, Fitch affirms the company's existing ratings. A complete list of ratings is provided at the end of this release. Approximately $13 billion in debt is affected by today's rating action. The revised Outlook stems from a still aggressive capital spending program for 2012 in a very weak natural gas environment. The company's 2012 spending plans remain essentially un
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here