Weak prices, revenue drive down Chesapeake's Q3 profit by 94%
Quarterly earnings for Chesapeake Energy plunged 94% on lower commodity prices and falling revenue. The company, which produces natural gas, earned $192 million in the third quarter compared with $3.32 billion during the same period last year.
Wall Street Journal, The | 11/02
This story published in API SmartBrief on 11/03/2009
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