Chesapeake Has Value on Its Mind
In the video below, Motley Fool energy analysts Joel South and Taylor Muckerman talk about what Chesapeake Energy's new strategy is going to look like, now that Aubrey McClendon is no longer the CEO. Joel discusses how the new strategy is a shift from an all-growth focus to one of maximizing the company's current resources, and he tells investors what led the new Chesapeake Energy to hit a strong quarter this quarter, and get back in the black.
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 the debt 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.
The article Chesapeake Has Value on Its Mind originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has the following options: Long Jan 2014 $20 Calls on Chesapeake Energy, Long Jan 2014 $30 Calls on Chesapeake Energy, and Short Jan 2014 $15 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.