Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



The Return of Aubrey McClendon

Only a couple months removed from his post as CEO of Chesapeake Energy (NYSE: CHK  ) , Aubrey McClendon is back at it. McClendon is said to be in contact with several private equity firms and sovereign wealth funds to raise about $1 billion to get his new venture, American Energy Partners LP, off the ground. 

Because of all the issues that happened just prior to McClendon's departure, its easy to forget that he and SandRidge CEO Tom Ward started Chesapeake with $50,000 only 24 years ago. Today, Chesapeake is the second-largest natural gas producer in the U.S. So if there is one thing McClendon has shown that he can do, it's get an energy company off the ground. This time may be more challenging, though, because he has a non-competitive agreement with Chesapeake for the next couple of years. In this video, contributors Tyler Crowe and Aimee Duffy look at the challenges and advantages that McClendon faces in developing this new energy company, and consider whether or not investors will ever get a shot at this new energy play.

With new CEO Robert Douglas Lawler at the helm, Chesapeake is looking to transfer its shift in production strategy into profitability. While the debt 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.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2490165, ~/Articles/ArticleHandler.aspx, 9/27/2016 3:04:30 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 5 hours ago Sponsored by:
DOW 18,094.83 -166.62 -0.91%
S&P 500 2,146.10 -18.59 -0.86%
NASD 5,257.49 -48.26 -0.91%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 4:00 PM
CHK $6.62 Down -0.01 -0.15%
Chesapeake Energy CAPS Rating: ***
SD.DL $0.00 Down +0.00 +0.00%
SandRidge Energy CAPS Rating: ***