The Quiet Giant in the Bakken

Updated

Being a first mover in North American unconventional oil and gas plays has given Chesapeake Energy one of the strongest asset profiles in the U.S. natural gas market. The same thing happened on the oil side of the equation, but nobody seems to notice as much. Today, Fool.com contributor Tyler Crowe and Motley Fool analyst Joel South talk about this quiet giant, Continental Resources , and how getting in on the ground floor in the Bakken region is really starting to pay off for the company. Thanks to improved takeaway capacity for the region and some of the highest quality crude in North America, the Bakken has potential to transform Continental into a big winner.

Energy investors would be hard-pressed to find another company trading at a deeper discount than Chesapeake Energy. Its share price depreciated after negative news surfaced concerning the company's management and spiraling debt picture. While these issues still persist, giant steps have been taken to help mitigate the problems. To learn more about Chesapeake and its enormous potential, you're invited to check out The Motley Fool's brand new premium report on the company. Simply click here now to access your copy, and as an added bonus, you'll receive a full year of key updates and expert guidance as news continues to develop.

The article The Quiet Giant in the Bakken originally appeared on Fool.com.

Joel South has no positions in the stocks mentioned above. Fool contributor Tyler Crowe has no positions in the stocks mentioned above. The Motley Fool has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, and short JAN 2014 $15.00 puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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