North American Natural Gas House of the Year: Morgan Stanley

Energy Risk Awards 2013 - logo

In the first quarter of 2012, Chesapeake Energy needed cash. The Oklahoma City-based natural gas producer had made an ill-timed decision several months earlier to remove most of its hedges on US natural gas for 2012 and 2013, under the assumption that the market had bottomed out and prices would soon recover. Instead, they continued to sink, squeezing Chesapeake’s bottom line. On top of that, the company was facing tough questions amid a corporate governance scandal involving its then-chief

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: