Chesapeake Energy's long-term debt 2010-2019
During the period of consideration, the company's debts peaked in 2013 at some 13 billion U.S. dollars. In the following years the level of debt was reduced, but hovered around the nine billion mark from 2016 onwards. Despite the reduction in long-term debt, Chesapeake Energy was forced to file for bankruptcy in June 2020, in the midst of the COVID-19 pandemic and it's subsequent impact on fossil fuel demand.