Fracking pioneer Chesapeake Energy is filing for Chapter 11 bankruptcy

Fracking pioneer Chesapeake Energy is filing for Chapter 11 bankruptcy

Chesapeake was once the nation’s No. 2 natural gas producer, thanks to early bets on fracking. Aubrey McClendon, Chesapeake’s late founder and CEO, was considered one of the leaders of the shale boom that transformed the United States into the world’s largest oil and natural gas producer. But more recently, bankruptcy rumors had swirled around […]