AAPL 221.875 -3.5242% MSFT 427.22 -0.4219% NVDA 139.85 1.554% GOOGL 199.3225 1.6952% GOOG 201.35 1.9236% AMZN 228.7043 1.2235% META 617.385 0.7531% AVGO 239.5299 0.8802% TSLA 413.825 -2.9719% TSM 213.7392 1.0587% LLY 735.7301 1.3793% V 322.15 0.7916% JPM 261.25 0.8065% UNH 520.02 2.0127% NVO 80.28 2.0206% WMT 93.245 1.4194% LVMUY 145.13 2.1467% XOM 111.61 -0.6321% LVMHF 725.1 1.976% MA 529.315 0.8796%
AAPL 221.875 -3.5242% MSFT 427.22 -0.4219% NVDA 139.85 1.554% GOOGL 199.3225 1.6952% GOOG 201.35 1.9236% AMZN 228.7043 1.2235% META 617.385 0.7531% AVGO 239.5299 0.8802% TSLA 413.825 -2.9719% TSM 213.7392 1.0587% LLY 735.7301 1.3793% V 322.15 0.7916% JPM 261.25 0.8065% UNH 520.02 2.0127% NVO 80.28 2.0206% WMT 93.245 1.4194% LVMUY 145.13 2.1467% XOM 111.61 -0.6321% LVMHF 725.1 1.976% MA 529.315 0.8796%

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Chesapeake’s (NASDAQ:CHK) financial position improves in Q2FY24 even as the company reports USD 227mn loss

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Highlights

Chesapeake Energy Corporation (Chesapeake) (NASDAQ: CHK) specializes in the exploration and production of natural gas and oil.  

In Q2 FY24, the company’s revenue declined by around 73.3%, due to decreased revenues from all segments. The company reported a USD 227 million loss for the period, driven by reduced revenue, which was partially offset by lower operating expenses.

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