Why Is Chesapeake Selling Oil-Heavy Assets?
In the following video, Motley Fool energy analysts Joel South and Taylor Muckerman discuss a new deal by Chesapeake Energy to sell off some acreage in two solid shale plays. Joel breaks the deal down for investors and talks about the production the company will be losing, as it moves toward its goal of selling off between $6 billion and $7 billion in assets this year. He also explains to investors why the company needs that funding at the moment, and what its development plans are for the future.
One home-run investing opportunity has been slipping under Wall Street's radar for months. But it won't stay hidden much longer. Forward-thinking energy players such as General Electric and Ford have already plowed sizable amounts of research capital into this little-known stock, because they know it holds the key to the explosive profit power of the coming "no choice fuel revolution." Luckily, there's still time for you to get on board if you act quickly. All the details are inside an exclusive report from The Motley Fool. Click here for the full story!
The article Why Is Chesapeake Selling Oil-Heavy Assets? originally appeared on Fool.com.Joel South owns shares of Ford. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Ford, owns shares of Ford and General Electric, and has options on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.