Is It Time to Buy Chesapeake?
The following video is part of our "Motley Fool Conversations" series, in which advisor Charly Travers and analyst Jason Moser discuss topics around the investing world.
Are Chesapeake Energy's days numbered? Legendary activist investor Carl Icahn has taken a 7.6% stake and is pushing hard for change. Icahn wants to replace four board members with new directors that will represent shareholder interests with the goal of instituting accountability to restore credibility. Such change is long overdue at Chesapeake, but are we interested in owning shares here?
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At the time this article was published Charly Travers,Jason Moser, and The Motley Fool have no positions in the stocks mentioned above.Motley Fool newsletter services recommendChevron. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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