EXE CHESAPEAKE ENERGY CORP

"Restrictive covenants in certain of our debt agreements could limit our growth and our ability to finance our operations, fund our capital needs, respond to changing conditions and engage in other business activities that may be in our best interests."

distress relevance: 0.82 market specificity: 1.00 score: 0.816 risk_factors

anchor: our debt covenants restrict our ability to operate

"If that should occur, we may be unable to pay all such debt or to borrow sufficient funds to refinance it."

distress relevance: 0.81 market specificity: 1.00 score: 0.811 risk_factors

anchor: we may be unable to refinance our existing debt

"We may be prevented from taking advantage of business opportunities that arise because of the limitations imposed on us by the restrictive covenants under certain of our debt agreements."

distress relevance: 0.78 market specificity: 1.00 score: 0.784 risk_factors

anchor: our debt covenants restrict our ability to operate

"The restrictions contained in the covenants could: limit our ability to plan for, or react to, market conditions, to meet capital needs or otherwise to restrict our activities or business plan; and adversely affect our ability to finance our operations, enter into acquisitions or divestitures to engage in other business activities that would be in our interest."

distress relevance: 0.76 market specificity: 1.00 score: 0.764 risk_factors

anchor: our debt covenants restrict our ability to operate

"In addition, our ability to comply with the financial and other restrictive covenants in our indebtedness could be affected by our future performance and events or circumstances beyond our control."

distress relevance: 0.74 market specificity: 1.00 score: 0.736 risk_factors

anchor: our debt covenants restrict our ability to operate

"Restrictive covenants in certain of our debt agreements could limit our growth and our ability to finance our operations, fund our capital needs, respond to changing conditions and engage in other business activities that may be in our best interests."

distress relevance: 0.82 market specificity: 1.00 score: 0.816 risk_factors

anchor: our debt covenants restrict our ability to operate

"We may be prevented from taking advantage of business opportunities that arise because of the limitations imposed on us by the restrictive covenants under certain of our debt agreements."

distress relevance: 0.78 market specificity: 1.00 score: 0.784 risk_factors

anchor: our debt covenants restrict our ability to operate

"The restrictions contained in the covenants could: limit our ability to plan for, or react to, market conditions, to meet capital needs or otherwise to restrict our activities or business plan; and adversely affect our ability to finance our operations, enter into acquisitions or divestitures to engage in other business activities that would be in our interest."

distress relevance: 0.76 market specificity: 1.00 score: 0.764 risk_factors

anchor: our debt covenants restrict our ability to operate

"In addition, our ability to comply with the financial and other restrictive covenants in our indebtedness could be affected by our future performance and events or circumstances beyond our control."

distress relevance: 0.74 market specificity: 1.00 score: 0.736 risk_factors

anchor: our debt covenants restrict our ability to operate

"On January 30, 2018, we underwent a reduction in workforce impacting approximately 13% of employees across all functions, primarily on our Oklahoma City campus."

distress relevance: 0.72 market specificity: 1.00 score: 0.721 mda

anchor: we have implemented significant workforce reductions

"Restrictive covenants in certain of our debt agreements could limit our growth and our ability to finance our operations, fund our capital needs, respond to changing conditions and engage in other business activities that may be in our best interests."

distress relevance: 0.82 market specificity: 1.00 score: 0.816 risk_factors

anchor: our debt covenants restrict our ability to operate

"We may be prevented from taking advantage of business opportunities that arise because of the limitations imposed on us by the restrictive covenants under certain of our debt agreements."

distress relevance: 0.78 market specificity: 1.00 score: 0.784 risk_factors

anchor: our debt covenants restrict our ability to operate

"Certain of our debt agreements impose operating and financial restrictions on us."

distress relevance: 0.78 market specificity: 1.00 score: 0.777 risk_factors

anchor: our debt covenants restrict our ability to operate

"The restrictions contained in the covenants could: limit our ability to plan for, or react to, market conditions, to meet capital needs or otherwise to restrict our activities or business plan; and adversely affect our ability to finance our operations, enter into acquisitions or to engage in other business activities that would be in our interest."

distress relevance: 0.76 market specificity: 1.00 score: 0.761 risk_factors

anchor: our debt covenants restrict our ability to operate

"In addition, our ability to comply with the financial and other restrictive covenants in our indebtedness could be affected by our future performance and events or circumstances beyond our control."

distress relevance: 0.74 market specificity: 1.00 score: 0.736 risk_factors

anchor: our debt covenants restrict our ability to operate

"Restrictive covenants in certain of our debt agreements could limit our growth and our ability to finance our operations, fund our capital needs, respond to changing conditions and engage in other business activities that may be in our best interests."

distress relevance: 0.82 market specificity: 1.00 score: 0.816 risk_factors

anchor: our debt covenants restrict our ability to operate

"If that should occur, we may be unable to pay all such debt or to borrow sufficient funds to refinance it."

distress relevance: 0.81 market specificity: 1.00 score: 0.811 risk_factors

anchor: we may be unable to refinance our existing debt

"We may be prevented from taking advantage of business opportunities that arise because of the limitations imposed on us by the restrictive covenants under certain of our debt agreements."

distress relevance: 0.78 market specificity: 1.00 score: 0.784 risk_factors

anchor: our debt covenants restrict our ability to operate

"Certain of our debt agreements impose operating and financial restrictions on us."

distress relevance: 0.78 market specificity: 1.00 score: 0.777 risk_factors

anchor: our debt covenants restrict our ability to operate

"The restrictions contained in the covenants could: limit our ability to plan for, or react to, market conditions, to meet capital needs or otherwise to restrict our activities or business plan; and adversely affect our ability to finance our operations, enter into acquisitions or to engage in other business activities that would be in our interest."

distress relevance: 0.76 market specificity: 1.00 score: 0.761 risk_factors

anchor: our debt covenants restrict our ability to operate

"On September 29, 2015, we reduced our workforce by approximately as part of an overall plan to reduce costs and better align our workforce with the needs of our business and current oil and natural gas commodity prices."

distress relevance: 0.69 market specificity: 1.00 score: 0.695 mda

anchor: we have implemented significant workforce reductions

"As of December 31, 2015, we had approximately principal amount of long-term debt outstanding, of which matures or can be put to us in 2017 (of which $329 million matures in January 2017, $1.110 billion can be put to us in May 2017 and $453 million matures in August 2017) and matures or can be put to us in 2018."

distress relevance: 0.64 market specificity: 1.00 score: 0.638 mda

anchor: maturity of debt obligations may require significant cash

"Substantial expenditures are required to replace reserves, sustain production and fund our business plans."

distress relevance: 0.63 market specificity: 1.00 score: 0.630 mda

anchor: our cash reserves may be insufficient to fund operations

"As of , we were in compliance with all financial covenants under the amended credit agreement."

distress relevance: 0.62 market specificity: 1.00 score: 0.620 mda

anchor: we may be in breach of our financial covenants

"See Liquidity and Capital Resources for additional information on how we plan to fund our capital budget."

distress relevance: 0.62 market specificity: 1.00 score: 0.619 mda

anchor: we may need to raise additional capital to fund operations

"The Company committed to a workforce reduction plan in September 2013 that resulted in a reduction of approximately 900 employees."

distress relevance: 0.72 market specificity: 1.00 score: 0.719 mda

anchor: we have implemented significant workforce reductions

"We generate cash needed to fund capital expenditures, debt obligations, dividend payments and other financial commitments primarily from our operating activities."

distress relevance: 0.66 market specificity: 1.00 score: 0.655 mda

anchor: our cash reserves may be insufficient to fund operations

"We were in compliance with all financial covenants under the credit agreement as of ."

distress relevance: 0.64 market specificity: 1.00 score: 0.642 mda

anchor: we may be in breach of our financial covenants

"See Note 3 of the notes to our consolidated financial statements included in Item 8 of this report for a discussion of our debt refinancing."

distress relevance: 0.63 market specificity: 1.00 score: 0.632 mda

anchor: we may be unable to refinance our existing debt

"See Liquidity and Capital Resources for additional information on how we plan to fund our capital budget."

distress relevance: 0.62 market specificity: 1.00 score: 0.619 mda

anchor: we may need to raise additional capital to fund operations

"The Company committed to a workforce reduction plan in September 2013 that resulted in a reduction of approximately 900 employees."

distress relevance: 0.72 market specificity: 1.00 score: 0.719 mda

anchor: we have implemented significant workforce reductions

"In addition, we anticipate the workforce reduction described below will result in future cost savings and help the Company demonstrate more profitable and efficient growth."

distress relevance: 0.66 market specificity: 1.00 score: 0.660 mda

anchor: we have implemented significant workforce reductions

"We recorded losses on sales of investments of in 2013 and gains on sales of investments of in 2012."

distress relevance: 0.62 market specificity: 1.00 score: 0.616 mda

anchor: significant unrealized losses that would be realized if we sold securities

"We believe our borrowing capacity under this facility will not be reduced as a result of any such future redeterminations."

distress relevance: 0.61 market specificity: 1.00 score: 0.612 mda

anchor: we may be unable to refinance our existing debt

"We were in compliance with all covenants under the credit facility agreement as of ."

distress relevance: 0.61 market specificity: 1.00 score: 0.609 mda

anchor: we may be in breach of our financial covenants

"We believe our borrowing capacity under this facility will not be reduced as a result of any such future redeterminations."

distress relevance: 0.61 market specificity: 1.00 score: 0.612 mda

anchor: we may be unable to refinance our existing debt

"Based upon our capital expenditure budget, expected commodity prices (including the prices for our currently hedged production), our forecasted drilling and production, projected levels of indebtedness and binding purchase and sale agreements for certain future asset sales, we are projecting that we will be in compliance with the financial maintenance covenants of our corporate revolving bank cred"

distress relevance: 0.60 market specificity: 1.00 score: 0.605 mda

anchor: we may be in breach of our financial covenants

"As a result, without the amendment, we would have been unable to reduce our indebtedness sufficiently as of September 30, 2012 to maintain our covenant compliance."

distress relevance: 0.59 market specificity: 1.00 score: 0.589 mda

anchor: our debt covenants restrict our ability to operate

"We expect to have adequate liquidity to repay $464 million of senior note indebtedness that matures in 2013."

distress relevance: 0.59 market specificity: 1.00 score: 0.587 mda

anchor: maturity of debt obligations may require significant cash

"As of December 31, 2012, we were in compliance with the current covenants and would have also been in compliance with the more restrictive covenants that existed prior to the amendment."

distress relevance: 0.57 market specificity: 1.00 score: 0.574 mda

anchor: our debt covenants restrict our ability to operate

"While our capital raising activities enabled us to fund our capital program in 2011 and pursue our goal of long-term debt reduction, certain recent transactions require us to meet performance obligations and we have significant other contractual cash obligations to third parties pursuant to various lease arrangements, gathering, processing, and transportation agreements, drilling commitments, leas"

distress relevance: 0.63 market specificity: 1.00 score: 0.633 mda

anchor: we may need to raise additional capital to fund operations

"If our access to alternative asset monetizations were limited, we could be required to reduce our capital spending, which could reduce our ability to develop and replace our reserves."

distress relevance: 0.62 market specificity: 1.00 score: 0.621 mda

anchor: our cash reserves may be insufficient to fund operations

"Accordingly, we believe our borrowing capacity under this facility will not be reduced as a result of any such future redeterminations."

distress relevance: 0.61 market specificity: 1.00 score: 0.609 mda

anchor: we may be unable to refinance our existing debt

"We use the credit facilities and cash on hand to fund daily operating activities and capital expenditures as needed."

distress relevance: 0.60 market specificity: 1.00 score: 0.602 mda

anchor: our cash reserves may be insufficient to fund operations

"The credit facility agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, make investments or loans and create liens and require us to maintain an indebtedness to total capitalization ratio and an indebtedness to EBITDA ratio, in each case as defined in the agreement."

distress relevance: 0.59 market specificity: 1.00 score: 0.595 mda

anchor: our debt covenants restrict our ability to operate

"Accordingly, we believe our borrowing capacity under this facility will not be reduced as a result of any such future redeterminations."

distress relevance: 0.61 market specificity: 1.00 score: 0.609 mda

anchor: we may be unable to refinance our existing debt

"We use the credit facilities and cash on hand to fund daily operating activities and capital expenditures as needed."

distress relevance: 0.60 market specificity: 1.00 score: 0.602 mda

anchor: our cash reserves may be insufficient to fund operations

"The credit facility agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, make investments or loans and create liens and require us to maintain an indebtedness to total capitalization ratio and an indebtedness to EBITDA ratio, in each case as defined in the agreement."

distress relevance: 0.59 market specificity: 1.00 score: 0.595 mda

anchor: our debt covenants restrict our ability to operate

"We were in compliance with all covenants under the agreement at December 31, 2010."

distress relevance: 0.58 market specificity: 1.00 score: 0.581 mda

anchor: we may be in breach of our financial covenants

"We were in compliance with all covenants under the agreement at December 31, 2010."

distress relevance: 0.58 market specificity: 1.00 score: 0.581 mda

anchor: we may be in breach of our financial covenants

"Additionally, some of our indentures contain covenants limiting our ability to incur indebtedness in addition to that incurred under our revolving bank credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.684 risk_factors

anchor: our debt covenants restrict our ability to operate

"The debt incurrence covenants do not presently restrict our ability to borrow under or expand our secured credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.678 mda

anchor: our debt covenants restrict our ability to operate

"If our cash flow from operations is not sufficient to fund our capital expenditure budget, we may not be able to access additional bank debt, debt or equity or other methods of financing on an economic basis to meet these requirements."

distress relevance: 0.67 market specificity: 1.00 score: 0.665 risk_factors

anchor: our cash reserves may be insufficient to fund operations

"We also had an after-tax non-cash impairment charge to certain investments and fixed assets of approximately $128 million for the 2008 fourth quarter as a result of lower asset valuation estimates."

distress relevance: 0.65 market specificity: 1.00 score: 0.652 risk_factors

anchor: material impairment charges on our investment portfolio

"While we believe that our anticipated internally generated cash flow, cash resources and other sources of liquidity will allow us to fully fund our 2009 and 2010 operating and capital expenditure requirements, further deterioration of the economy and other factors could require us to fund these expenditures from monetization transactions or further curtail our spending."

distress relevance: 0.63 market specificity: 1.00 score: 0.630 mda

anchor: our cash reserves may be insufficient to fund operations

"We may not be able to generate sufficient cash flow to pay the interest on our debt, and future working capital, borrowings or equity financing may not be available to pay or refinance such debt."

distress relevance: 0.76 market specificity: 1.00 score: 0.763 risk_factors

anchor: we may be unable to refinance our existing debt

"If our cash flow from operations is not sufficient to fund our capital expenditure budget, we may not be able to access additional bank debt, debt or equity or other methods of financing on an economic basis to meet If we are not able to replace reserves, we may not be able to sustain production."

distress relevance: 0.74 market specificity: 1.00 score: 0.742 risk_factors

anchor: our cash reserves may be insufficient to fund operations

"Additionally, some of our indentures contain covenants limiting our ability to incur indebtedness in addition to that incurred under our revolving bank credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.684 risk_factors

anchor: our debt covenants restrict our ability to operate

"The debt incurrence covenants do not presently restrict our ability to borrow under or expand our secured credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.678 mda

anchor: our debt covenants restrict our ability to operate

"The credit facility agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, make investments or loans and create liens."

distress relevance: 0.66 market specificity: 1.00 score: 0.658 mda

anchor: our debt covenants restrict our ability to operate

"We may not be able to generate sufficient cash flow to pay the interest on our debt, and future working capital, borrowings or equity financing may not be available to pay or refinance such debt."

distress relevance: 0.76 market specificity: 1.00 score: 0.763 risk_factors

anchor: we may be unable to refinance our existing debt

"If our cash flow from operations is not sufficient to fund our capital expenditure budget, we may not be able to access additional bank debt, debt or equity or other methods of financing on an economic basis If we are not able to replace reserves, we may not be able to sustain production."

distress relevance: 0.74 market specificity: 1.00 score: 0.736 risk_factors

anchor: our cash reserves may be insufficient to fund operations

"Additionally, some of our indentures contain covenants limiting our ability to incur indebtedness in addition to that incurred under our revolving bank credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.684 risk_factors

anchor: our debt covenants restrict our ability to operate

"The debt incurrence covenants do not presently restrict our ability to borrow under or expand our secured credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.678 mda

anchor: our debt covenants restrict our ability to operate

"The credit facility agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, make investments or loans and create liens."

distress relevance: 0.66 market specificity: 1.00 score: 0.658 mda

anchor: our debt covenants restrict our ability to operate

"We may not be able to generate sufficient cash flow to pay the interest on our debt, and future working capital, borrowings or equity financing may not be available to pay or refinance such debt."

distress relevance: 0.76 market specificity: 1.00 score: 0.763 risk_factors

anchor: we may be unable to refinance our existing debt

"If our cash flow from operations is not sufficient to fund our capital expenditure budget, we may not be able to access additional bank debt, debt or equity or other methods of financing on an economic basis to meet If we are not able to replace reserves, we may not be able to sustain production."

distress relevance: 0.74 market specificity: 1.00 score: 0.742 risk_factors

anchor: our cash reserves may be insufficient to fund operations

"Additionally, some of our indentures contain covenants limiting our ability to incur indebtedness in addition to that incurred under our bank credit facility."

distress relevance: 0.70 market specificity: 1.00 score: 0.700 risk_factors

anchor: our debt covenants restrict our ability to operate

"The debt incurrence covenants do not presently restrict our ability to borrow under or expand our secured credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.678 mda

anchor: our debt covenants restrict our ability to operate

"Included in these unrealized gains (losses) are gains (losses) on ineffectiveness of cash flow hedges of ($76.3) million in 2005, ($8.2) million in 2004 and ($9.2) million in 2003."

distress relevance: 0.65 market specificity: 1.00 score: 0.652 mda

anchor: significant unrealized losses that would be realized if we sold securities

"The debt incurrence covenants do not presently restrict our ability to borrow under or expand our secured credit facility."

distress relevance: 0.68 market specificity: 1.00 score: 0.678 mda

anchor: our debt covenants restrict our ability to operate

"The indentures contain covenants limiting our ability and our restricted subsidiaries’ ability to incur additional indebtedness; pay dividends on our capital stock or redeem, repurchase or retire our capital stock or subordinated indebtedness; make investments and other restricted payments; incur liens; engage in transactions with affiliates; sell assets; and consolidate, merge or transfer assets."

distress relevance: 0.66 market specificity: 1.00 score: 0.661 mda

anchor: our debt covenants restrict our ability to operate

"agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, sell properties, purchase or redeem our capital stock, make investments or loans, and create liens."

distress relevance: 0.66 market specificity: 1.00 score: 0.658 mda

anchor: our debt covenants restrict our ability to operate

"Included in these unrealized gains (losses) are gains (losses) on ineffectiveness of cash flow hedges of ($8.2) million in 2004, ($9.2) million in 2003 and ($3.6) million in 2002."

distress relevance: 0.65 market specificity: 1.00 score: 0.650 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Our liquidity is not dependent on the use of off-balance sheet financing arrangements, such as the securitization of receivables or obtaining access to assets through special purpose entities."

distress relevance: 0.60 market specificity: 1.00 score: 0.605 mda

anchor: we may not have sufficient liquidity to meet our obligations

"We believe that our available cash, cash provided by operating activities and funds available under our bank credit facility will be sufficient to fund our operating, interest and general and administrative expenses, our capital expenditure budget, our short-term contractual obligations and dividend payments at current levels for the foreseeable future."

distress relevance: 0.65 market specificity: 1.00 score: 0.649 mda

anchor: our cash reserves may be insufficient to fund operations

"Included in these unrealized gains (losses) are gains (losses) on ineffectiveness of cash flow hedges of ($9.2) million in 2003, ($3.6) million in 2002 and $2.5 million in 2001."

distress relevance: 0.65 market specificity: 1.00 score: 0.648 mda

anchor: significant unrealized losses that would be realized if we sold securities

"agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, sell properties, pay dividends, purchase or redeem our capital stock, make investments or loans or purchase certain of our senior notes, and create liens."

distress relevance: 0.64 market specificity: 1.00 score: 0.644 mda

anchor: our debt covenants restrict our ability to operate

"The indentures for the 8.125%, 8.375%, 9.0%, 7.75%, 7.50% and 6.875% senior notes contain covenants limiting our ability and our restricted subsidiaries’ ability to incur additional indebtedness; pay dividends on our capital stock or redeem, repurchase or retire our capital stock or subordinated indebtedness; make investments and other restricted payments; create restrictions on the payment of div"

distress relevance: 0.61 market specificity: 1.00 score: 0.613 mda

anchor: our debt covenants restrict our ability to operate

"The debt incurrence covenants do not affect our ability to borrow under or expand our secured credit facility."

distress relevance: 0.61 market specificity: 1.00 score: 0.612 mda

anchor: our debt covenants restrict our ability to operate

"The indentures for the 8.125%, 8.375%, 9.0% and 7.75% senior notes contain covenants limiting our ability and our restricted subsidiaries’ ability to incur additional indebtedness; pay dividends on our capital stock or redeem, repurchase or retire our capital stock or subordinated indebtedness; make investments and other restricted payments; create restrictions on the payment of dividends or other"

distress relevance: 0.61 market specificity: 1.00 score: 0.615 mda

anchor: our debt covenants restrict our ability to operate

"The debt incurrence covenants do not affect our ability to borrow under or expand our secured credit facility."

distress relevance: 0.61 market specificity: 1.00 score: 0.612 mda

anchor: our debt covenants restrict our ability to operate

"During 2001, we recorded our equity in RAM’s net losses, which had the effect of reducing our carrying value in these securities to $8.6 million."

distress relevance: 0.61 market specificity: 1.00 score: 0.609 mda

anchor: significant unrealized losses that would be realized if we sold securities

"Our liquidity is not dependent on the use of off-balance sheet financing arrangements, such as the securitization of receivables or obtaining access to assets through special purpose entities."

distress relevance: 0.60 market specificity: 1.00 score: 0.605 mda

anchor: we may not have sufficient liquidity to meet our obligations

"The credit facility agreement contains various covenants and restrictive provisions which limit our ability to incur additional indebtedness, sell properties, pay dividends, purchase or redeem our capital stock, make investments or loans or purchase certain of our senior notes, create liens, and make acquisitions."

distress relevance: 0.59 market specificity: 1.00 score: 0.595 mda

anchor: our debt covenants restrict our ability to operate