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Chesapeake Energy Biggest Stock Holder Trims Position

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   |    Tuesday,March 26,2019

NGP who became the biggest single stock holder in Chesapeake after the acquisition of Wildhorse Resources trimmed that position in the company by selling 5.9 million of shares for $19.5 million, at a average price of $3.29.  Even with the sale, NGP continues to hold 311 million shares of Chesapeake's stock which amounts to roughly 19.5% of the company's shares.

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