Chesapeake Goes Under the SEC's Knife

By Taylor Muckerman – Mar 1, 2013 at 11:19AM

OTC: CHKA.Q

Chesapeake Energy

CEO's from both Chesapeake and SandRidge have made headlines for possible conflicts of interest. Could clarity be on the horizon?

Investors are speaking out at both Chesapeake Energy (CHKA.Q) and SandRidge Energy (NYSE: SD) regarding actions taken by each company's CEO. With current investigations and proxy votes nearing an end, investors might finally have a clearer vision of where these companies are headed. While the SEC investigation into Chesapeake has no certain timetable, SandRidge investors have March 15 pinned on their calendars as the date when proxy voting results regarding CEO Tom Ward's future with the company are due. Check out the video below for more detail on each issue.

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. 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.