November 30, 2012
In this video, Motley Fool energy analysts Taylor Muckerman and Joel South discuss Chesapeake Energy's (NYSE: CHK ) new and balanced resource attack. With the sustained low price of natural gas the company is moving to more profitable liquid plays, including oil and natural gas liquids, such as propane and butane.
At over 190% growth in liquids production over the past 24 months through Sept. 30, it is easily the fastest grower in this area over peers EOG Resources (NYSE: EOG ) , SandRidge Energy (NYSE: SD ) , and Continental Resources (NYSE: CLR ) , all of which are also showing strong growth of between 116% and 125%.
Additionally, good things are on the way in the upcoming quarters, as the company continues to reduce debt by selling off assets as part of refocusing on more strategic plays.
Positive change is also happening at SandRidge, where investors witnessed a dramatic drop in the company's stock price this year as natural gas prices plummeted. However, with the company halfway through its ambitious three-year plan to profitability, the future looks bright. Activist investors have been voicing their opinions, whether positive or negative, about this company lately, and it is sure to be a topic worth reading more about. To learn more about the future of this emerging oil and gas junior, you should view this premium report detailing SandRidge's game plan and what to expect from the company going forward. To get started -- click here!