In this video, Motley Fool energy analyst Taylor Muckerman takes a close look at Chesapeake Energy (NYSE:CHK). This company has had its struggles, and up until recently has been concentrated roughly half in natural gas and half in liquids. However, the recent price tumbles of natural gas have driven Chesapeake to reset its focus; it is moving away from natural gas and toward liquids production. Muckerman takes us through the specifics of just how the company plans to redefine its core business and make this transition, and whether or not these are the right ingredients for the company to make a turnaround.

Joel South owns shares of SandRidge Energy. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Chevron. 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.