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Chesapeake Energy's Losses Rattle Oklahoma Economy

A sign stands in front of the Chesapeake Energy Corp. campus in Oklahoma City, Friday, June 8, 2012, where the annual shareholders meeting is taking place. Chesapeake Energy Corp. (Sue Ogrocki/AP)
A sign stands in front of the Chesapeake Energy Corp. campus in Oklahoma City, Friday, June 8, 2012, where the annual shareholders meeting is taking place. Chesapeake Energy Corp. (Sue Ogrocki/AP)

The Oklahoma company Chesapeake Energy’s stock value plummeted Monday. Over the past year, the stock is down more than 90 percent.

Chesapeake is the second-largest natural gas extractor in the U.S. and a major employer in Oklahoma. Here & Now’s Jeremy Hobson talks with Brian Hardzinski of KGOU in Oklahoma City about how Chesapeake Energy’s struggles are affecting Oklahoma’s economy.

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Copyright 2021 NPR. To see more, visit https://www.npr.org.

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