Investors are speaking out at both Chesapeake Energy (NYSE: CHK ) 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.
Down over 20% for the last year, Chesapeake investors have been on a wild ride
Its share price depreciated after negative news surfaced concerning the company's management and spiraling debt picture. While these 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, and as an added bonus, you'll receive a full year of key updates and expert guidance as news continues to develop.