Chesapeake Energy Corp (CHK) 25.53 $CHK
Aubrey McClendon to Deliver Keynote Address at Hart Energy's 20th Annual Executive Oil Conference
PRWeb - Wed Sep 10, 12:31PM CDT
The Permian Basin has once again become the largest crude producing region in the U.S. and is on pace to exceed more than two million barrels of oil per day. Rig counts have reached levels not seen since the 1980s. As the Executive Oil Confer ence celebrates its 20th year, such activity creates lucrative opportunities for industry executives, oil and gas asset buyers and sellers, landmen, geologists, drilling personnel, engineers, service company representatives, and representatives from banks, investors and other financial firms. The Executive Oil Conference and its exhibition set the stage for deal-making and networking. Scheduled for November 10-11, hundreds will come to the Midland County Horseshoe in Midland, Texas to learn from leading industry executives.
Market Maker Surveillance Report. PSO, CMCSA, CHK, NEM, GFI, MBLY, Bullishly Biased Price Friction For Tuesday, September 9th 2014
M2 - Wed Sep 10, 3:38AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4670 companies with "abnormal" market making, 1404 companies with positive Friction Factors and 3746 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. Pearson PLC (NYSE
SO), Comcast Corp (NASDAQ:CMCSA), Chesapeake Energy Corp (NYSE:CHK), Newmont Mining Corp (NYSE:NEM), Gold Fields Ltd (NYSE:GFI), (NYSE:MBLY). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
How Will Chesapeake Energy (CHK) Stock React To These Racketeering Charges?
at The Street - Tue Sep 09, 2:51PM CDT
Chesapeake Energy (CHK) will have to go to trial in Michigan and face allegations of racketeering and defrauding private landowners.
Chesapeake Energy Corporation vs. Devon Energy Corp: Which Company Returns More to Its Stockholders?
Matt DiLallo, The Motley Fool - Motley Fool - Tue Sep 09, 12:41PM CDT
Source: Chesapeake Energy Corporation Chesapeake Energy Corporation is the second largest natural gas producer in America's lower 48 states. Devon Energy Corp. , meanwhile, has now slipped to fifth place as it's more focused on oil. Because of...
Chesapeake Energy (CHK) Crosses Pivot Point Resistance at $25.99
Comtex SmarTrend(R) - Tue Sep 09, 10:13AM CDT
Chesapeake Energy (NYSE:CHK) has opened bullishly above the pivot of $25.66 today and has reached the first level of resistance at $25.99. Investors may be interested in a cross of the next upside pivot targets of $26.41 and $27.16.
Look for Shares of Chesapeake Energy to Potentially Rebound after Yesterday's 2.22% Sell Off
Comtex SmarTrend(R) - Mon Sep 08, 4:35PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.32 to a high of $26.07. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $25.86 on volume of 6.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 2.22%, Chesapeake Energy Offers Investors Better Value
Comtex SmarTrend(R) - Mon Sep 08, 4:35PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.32 to a high of $26.07. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $25.86 on volume of 6.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Why Newfield Exploration (NFX) Stock Is Dropping Today
at The Street - Mon Sep 08, 12:20PM CDT
Newfield Exploration (NFX) stock is down as Brent crude prices drop below $100.
Oilfield Equipment Rental Market 2014-2019: Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Others
M2 - Mon Sep 08, 3:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hl5xhc/oilfield) has announced the addition of the "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019" report to their offering. The oilfield equipment rental market will grow from an estimated $ 26,818 million in 2014 to $53,706 million by 2019 with a CAGR of 14.9% from 2014 to 2019 Most oilfield equipments are so expensive that it is better for the companies to rent instead of purchasing them. Renting provides significant savings over capital investment and helps in curtailing the inventory costs as well as the infrastructure to store the same. It also minimizes downtime, and hence the capital can be utilized for more profitable ventures. The global oilfield rental equipment market is projected to exhibits high growth on an account of rising oil & gas prices and increased E&P activities, influenced by rising energy demand. The revenue for OER market was $23,300 million globally for the year 2013. The market is estimated to grow with a projected CAGR of 14.9%, owing to extensive drilling activities being carried out globally. North America holds major market share followed by Asia-Pacific and Europe & Eurasia. In terms of individual countries, the market is dominated by U.S. on account of its flourishing drilling activities due to an increased focus on unconventional shale plays. Africa is projected to have the highest CAGR during next five years due to an increase in offshore E&P activities. Asia-Pacific market will be driven by increasing drilling activity especially in Australia, China, Russia and India. Whereas the flourishing oil & gas industry and increase in E&P spending will drive the growth in Latin American market due to the drilling activities taking place in Brazil. Drilling equipment holds the major market share due to their wide usage among the various types of oilfield equipments. The factors driving growth in the OER market are increasing drilling activity; rising oil prices (which compensate for the uneconomical field productivity affinity of the oilfield operators to rent rather than buy the oilfield equipment, and advancement in technology. All these factors hugely favor renting of the oilfield tools. OER is a highly developing market despite having a large base due to growing energy demand. The oilfield rental industry is very fragmented and offers opportunities for consolidation. This can be seen by the several major M&A activities taking place in the industry, as well as subsidiary formation by big players for the purpose of renting. There are very few industry leaders disconcerted over the optimal growth strategy for this market. In this industry, most of the players are very small and local rental companies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insights 4 Market Overview 5 Industry Trends 6 OER Market, By Type 7 Animal Feed Additives Market, By Geography 8 Competitive Landscape 9 Company Profiles - FMC Technologies - Halliburton Co. - Oil States International Inc. - Parker Drilling Co. - Seventy Seven Energy Inc. (Chesapeake Energy Corporation) - Superior Energy Services Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/hl5xhc/oilfield
Coverage of Oil and Gas Exploration and Production Equities - Energy XXI Bermuda, Talisman Energy, Chesapeake Energy, Anadarko Petroleum, and Newfield Exploration
PR Newswire - Fri Sep 05, 8:15AM CDT
On Thursday, September 04, 2014, the NASDAQ Composite ended at 4,562.29, down 0.22%, the Dow Jones Industrial Average finished the day 0.05% lower at 17,069.58, and the S&P 500 closed at 1,997.65, down 0.15%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 699.83, down 1.29%, while the index has advanced 0.96% in the last three months. Investor-Edge has initiated coverage on the following equities: Energy XXI Bermuda Ltd (NASDAQ: EXXI), Talisman Energy Inc. (NYSE: TLM), Chesapeake Energy Corporation (NYSE: CHK), Anadarko Petroleum Corporation (NYSE: APC), and Newfield Exploration Company (NYSE: NFX). Free research on these five companies can be accessed at:
Look for Shares of Chesapeake Energy to Potentially Rebound after Yesterday's 1.74% Sell Off
Comtex SmarTrend(R) - Thu Sep 04, 4:28PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.94 to a high of $26.81. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $26.44 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Chesapeake Energy Falls 1.74% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Sep 04, 4:27PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.94 to a high of $26.81. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $26.44 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Panhandle Oil And Gas Inc. Names Land Manager
PR Newswire - Wed Sep 03, 3:16PM CDT
PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced today that Shelly S. Quimby has joined the Company as Land Manager. Ms. Quimby spent nine years with Chesapeake Energy Corporation with her last position being Manager-Acquisitions and Divestures. She has in excess of 30 years of land department experience.
3 Reasons Chesapeake Energy Corporation’s Stock Could Fall
Matt DiLallo, The Motley Fool - Motley Fool - Wed Sep 03, 10:06AM CDT
Source: Chesapeake Energy Corporation. Chesapeake Energy Corporation's stock has had its ups and downs over the years. Just take a look at the company's stock price chart, which is filled with peaks and valleys. CHK data by YCharts ...
Market Activity, Conference Schedules, and Private Placement - Research Reports on Chesapeake, Ensco, Devon Energy, Concho and Kandi Technolgies
PR Newswire - Wed Sep 03, 7:55AM CDT
Today, Analysts Review released its research reports regarding Chesapeake Energy Corporation (NYSE: CHK), Ensco plc (NYSE: ESV), Devon Energy Corporation (NYSE: DVN), Concho Resources, Inc. (NYSE: CXO) and Kandi Technolgies Group, Inc. (NASDAQ: KNDI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6169-100free.
1 Place Where Veterans Can Find Work in the Oil Field
Matt DiLallo, The Motley Fool - Motley Fool - Sun Aug 31, 12:55PM CDT
ConocoPhillips Headquarters in Houston, Texas. Source: ConocoPhillips. Veterans continue to have a tough time transitioning into the civilian workforce. According to the U.S. Bureau of Labor Statistics, the unemployment rate for those who served...
Energy Companies Are Finally Making Money on Fracking
Matt DiLallo, The Motley Fool - Motley Fool - Sun Aug 31, 10:50AM CDT
Source: Chesapeake Energy Corporation. Fracking is finally starting to pay off for America's top independent oil and gas companies . According to an analysis in an article from the Financial Times, North America's top 25 exploration and...
'Fast Money' Recap: How Low Can Oil Go Now?
at The Street - Sat Aug 30, 4:00AM CDT
The trading panel looked at retail stocks and whether Amazon and Google can delivery on delivery drones.
3 Reasons Chesapeake Energy Corporation’s Stock Could Rise
Matt DiLallo, The Motley Fool - Motley Fool - Thu Aug 28, 10:18AM CDT
Chesapeake Energy Corporation 's stock price has barely moved over the past year, which is pretty poor considering that the overall market is up just over 20% over that same time frame. But despite its poor performance over the past year -- and...
Fitch Upgrades Chesapeake's IDR to 'BB'; Outlook Positive
Business Wire - Wed Aug 27, 3:39PM CDT
Fitch has upgraded Chesapeake Energy's long-term Issuer Default Rating (IDR) and senior unsecured ratings to 'BB' from 'BB-' and also upgraded the company's preferred stock to 'B+' from 'B-. A full list of ratings actions follows at the end of this release. The ratings actions affect approximately $14.8 billion in rated securities.
Aubrey McClendon to Deliver Keynote Address at Hart Energy's 20th Annual Executive Oil Conference
PRWeb - Wed Sep 10, 12:31PM CDT
The Permian Basin has once again become the largest crude producing region in the U.S. and is on pace to exceed more than two million barrels of oil per day. Rig counts have reached levels not seen since the 1980s. As the Executive Oil Confer ence celebrates its 20th year, such activity creates lucrative opportunities for industry executives, oil and gas asset buyers and sellers, landmen, geologists, drilling personnel, engineers, service company representatives, and representatives from banks, investors and other financial firms. The Executive Oil Conference and its exhibition set the stage for deal-making and networking. Scheduled for November 10-11, hundreds will come to the Midland County Horseshoe in Midland, Texas to learn from leading industry executives.
Market Maker Surveillance Report. PSO, CMCSA, CHK, NEM, GFI, MBLY, Bullishly Biased Price Friction For Tuesday, September 9th 2014
M2 - Wed Sep 10, 3:38AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4670 companies with "abnormal" market making, 1404 companies with positive Friction Factors and 3746 companies with negative Friction Factors. Here is a list of the top companies with Abnormal Price Friction (bullish bias) in their stock prices. This means that there was more selling than buying in the stocks and their stock prices rose. Pearson PLC (NYSE
SO), Comcast Corp (NASDAQ:CMCSA), Chesapeake Energy Corp (NYSE:CHK), Newmont Mining Corp (NYSE:NEM), Gold Fields Ltd (NYSE:GFI), (NYSE:MBLY). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net . How Will Chesapeake Energy (CHK) Stock React To These Racketeering Charges?
at The Street - Tue Sep 09, 2:51PM CDT
Chesapeake Energy (CHK) will have to go to trial in Michigan and face allegations of racketeering and defrauding private landowners.
Chesapeake Energy Corporation vs. Devon Energy Corp: Which Company Returns More to Its Stockholders?
Matt DiLallo, The Motley Fool - Motley Fool - Tue Sep 09, 12:41PM CDT
Source: Chesapeake Energy Corporation Chesapeake Energy Corporation is the second largest natural gas producer in America's lower 48 states. Devon Energy Corp. , meanwhile, has now slipped to fifth place as it's more focused on oil. Because of...
Chesapeake Energy (CHK) Crosses Pivot Point Resistance at $25.99
Comtex SmarTrend(R) - Tue Sep 09, 10:13AM CDT
Chesapeake Energy (NYSE:CHK) has opened bullishly above the pivot of $25.66 today and has reached the first level of resistance at $25.99. Investors may be interested in a cross of the next upside pivot targets of $26.41 and $27.16.
Look for Shares of Chesapeake Energy to Potentially Rebound after Yesterday's 2.22% Sell Off
Comtex SmarTrend(R) - Mon Sep 08, 4:35PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.32 to a high of $26.07. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $25.86 on volume of 6.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 2.22%, Chesapeake Energy Offers Investors Better Value
Comtex SmarTrend(R) - Mon Sep 08, 4:35PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.32 to a high of $26.07. Yesterday, the shares fell 2.2%, which took the trading range below the 3-day low of $25.86 on volume of 6.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Why Newfield Exploration (NFX) Stock Is Dropping Today
at The Street - Mon Sep 08, 12:20PM CDT
Newfield Exploration (NFX) stock is down as Brent crude prices drop below $100.
Oilfield Equipment Rental Market 2014-2019: Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Others
M2 - Mon Sep 08, 3:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/hl5xhc/oilfield) has announced the addition of the "Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019" report to their offering. The oilfield equipment rental market will grow from an estimated $ 26,818 million in 2014 to $53,706 million by 2019 with a CAGR of 14.9% from 2014 to 2019 Most oilfield equipments are so expensive that it is better for the companies to rent instead of purchasing them. Renting provides significant savings over capital investment and helps in curtailing the inventory costs as well as the infrastructure to store the same. It also minimizes downtime, and hence the capital can be utilized for more profitable ventures. The global oilfield rental equipment market is projected to exhibits high growth on an account of rising oil & gas prices and increased E&P activities, influenced by rising energy demand. The revenue for OER market was $23,300 million globally for the year 2013. The market is estimated to grow with a projected CAGR of 14.9%, owing to extensive drilling activities being carried out globally. North America holds major market share followed by Asia-Pacific and Europe & Eurasia. In terms of individual countries, the market is dominated by U.S. on account of its flourishing drilling activities due to an increased focus on unconventional shale plays. Africa is projected to have the highest CAGR during next five years due to an increase in offshore E&P activities. Asia-Pacific market will be driven by increasing drilling activity especially in Australia, China, Russia and India. Whereas the flourishing oil & gas industry and increase in E&P spending will drive the growth in Latin American market due to the drilling activities taking place in Brazil. Drilling equipment holds the major market share due to their wide usage among the various types of oilfield equipments. The factors driving growth in the OER market are increasing drilling activity; rising oil prices (which compensate for the uneconomical field productivity affinity of the oilfield operators to rent rather than buy the oilfield equipment, and advancement in technology. All these factors hugely favor renting of the oilfield tools. OER is a highly developing market despite having a large base due to growing energy demand. The oilfield rental industry is very fragmented and offers opportunities for consolidation. This can be seen by the several major M&A activities taking place in the industry, as well as subsidiary formation by big players for the purpose of renting. There are very few industry leaders disconcerted over the optimal growth strategy for this market. In this industry, most of the players are very small and local rental companies. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Premium Insights 4 Market Overview 5 Industry Trends 6 OER Market, By Type 7 Animal Feed Additives Market, By Geography 8 Competitive Landscape 9 Company Profiles - FMC Technologies - Halliburton Co. - Oil States International Inc. - Parker Drilling Co. - Seventy Seven Energy Inc. (Chesapeake Energy Corporation) - Superior Energy Services Inc. - Weatherford International Ltd. For more information visit http://www.researchandmarkets.com/research/hl5xhc/oilfield
Coverage of Oil and Gas Exploration and Production Equities - Energy XXI Bermuda, Talisman Energy, Chesapeake Energy, Anadarko Petroleum, and Newfield Exploration
PR Newswire - Fri Sep 05, 8:15AM CDT
On Thursday, September 04, 2014, the NASDAQ Composite ended at 4,562.29, down 0.22%, the Dow Jones Industrial Average finished the day 0.05% lower at 17,069.58, and the S&P 500 closed at 1,997.65, down 0.15%. The losses were broad based as six out of ten sectors ended the session in negative. The S&P 500 Energy Sector Index ended the day at 699.83, down 1.29%, while the index has advanced 0.96% in the last three months. Investor-Edge has initiated coverage on the following equities: Energy XXI Bermuda Ltd (NASDAQ: EXXI), Talisman Energy Inc. (NYSE: TLM), Chesapeake Energy Corporation (NYSE: CHK), Anadarko Petroleum Corporation (NYSE: APC), and Newfield Exploration Company (NYSE: NFX). Free research on these five companies can be accessed at:
Look for Shares of Chesapeake Energy to Potentially Rebound after Yesterday's 1.74% Sell Off
Comtex SmarTrend(R) - Thu Sep 04, 4:28PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.94 to a high of $26.81. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $26.44 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Chesapeake Energy Falls 1.74% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Thu Sep 04, 4:27PM CDT
Chesapeake Energy (NYSE:CHK) traded in a range yesterday that spanned from a low of $25.94 to a high of $26.81. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $26.44 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Panhandle Oil And Gas Inc. Names Land Manager
PR Newswire - Wed Sep 03, 3:16PM CDT
PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced today that Shelly S. Quimby has joined the Company as Land Manager. Ms. Quimby spent nine years with Chesapeake Energy Corporation with her last position being Manager-Acquisitions and Divestures. She has in excess of 30 years of land department experience.
3 Reasons Chesapeake Energy Corporation’s Stock Could Fall
Matt DiLallo, The Motley Fool - Motley Fool - Wed Sep 03, 10:06AM CDT
Source: Chesapeake Energy Corporation. Chesapeake Energy Corporation's stock has had its ups and downs over the years. Just take a look at the company's stock price chart, which is filled with peaks and valleys. CHK data by YCharts ...
Market Activity, Conference Schedules, and Private Placement - Research Reports on Chesapeake, Ensco, Devon Energy, Concho and Kandi Technolgies
PR Newswire - Wed Sep 03, 7:55AM CDT
Today, Analysts Review released its research reports regarding Chesapeake Energy Corporation (NYSE: CHK), Ensco plc (NYSE: ESV), Devon Energy Corporation (NYSE: DVN), Concho Resources, Inc. (NYSE: CXO) and Kandi Technolgies Group, Inc. (NASDAQ: KNDI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6169-100free.
1 Place Where Veterans Can Find Work in the Oil Field
Matt DiLallo, The Motley Fool - Motley Fool - Sun Aug 31, 12:55PM CDT
ConocoPhillips Headquarters in Houston, Texas. Source: ConocoPhillips. Veterans continue to have a tough time transitioning into the civilian workforce. According to the U.S. Bureau of Labor Statistics, the unemployment rate for those who served...
Energy Companies Are Finally Making Money on Fracking
Matt DiLallo, The Motley Fool - Motley Fool - Sun Aug 31, 10:50AM CDT
Source: Chesapeake Energy Corporation. Fracking is finally starting to pay off for America's top independent oil and gas companies . According to an analysis in an article from the Financial Times, North America's top 25 exploration and...
'Fast Money' Recap: How Low Can Oil Go Now?
at The Street - Sat Aug 30, 4:00AM CDT
The trading panel looked at retail stocks and whether Amazon and Google can delivery on delivery drones.
3 Reasons Chesapeake Energy Corporation’s Stock Could Rise
Matt DiLallo, The Motley Fool - Motley Fool - Thu Aug 28, 10:18AM CDT
Chesapeake Energy Corporation 's stock price has barely moved over the past year, which is pretty poor considering that the overall market is up just over 20% over that same time frame. But despite its poor performance over the past year -- and...
Fitch Upgrades Chesapeake's IDR to 'BB'; Outlook Positive
Business Wire - Wed Aug 27, 3:39PM CDT
Fitch has upgraded Chesapeake Energy's long-term Issuer Default Rating (IDR) and senior unsecured ratings to 'BB' from 'BB-' and also upgraded the company's preferred stock to 'B+' from 'B-. A full list of ratings actions follows at the end of this release. The ratings actions affect approximately $14.8 billion in rated securities.
