Another Bold Move From Chesapeake's New Leader

According to The Wall Street Journal, Chesapeake Energy (NYSE: CHK  ) CEO Doug Lawler is taking another bold step away from the company's previous regime by letting four senior executives go, including COO Steve Dixon. In this video, Motley Fool energy analyst Joel South joins Taylor Muckerman to look at several steps Lawler has taken this year and tells investors why he thinks this CEO is just what Chesapeake needs.

Record oil and natural gas production is revolutionizing the United States' energy position. Finding the right plays while historic amounts of capital expenditures are flooding the industry will pad your investment nest egg. For this reason, The Motley Fool is offering a comprehensive look at three energy companies set to soar during this transformation in the energy industry. To find out which three companies are spreading their wings, check out the special free report, "3 Stocks for the American Energy Bonanza." Don't miss out on this timely opportunity; click here to access your report -- it's absolutely free. 


Read/Post Comments (3) | Recommend This Article (6)

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.

  • Report this Comment On August 14, 2013, at 6:27 PM, Thinkerbus wrote:

    Won't the commercialization of Mexico's vast natural gas resources put a lot of downward pressure on N.G. prices and the higher cost producers like Chk.?

    This is fresh news that could have a dramatic impact on companies with large US N.G. resources.

    Low prices have been the primary problem for CHk, DVN and others with large NG resources.

    Your comments?

  • Report this Comment On August 14, 2013, at 7:33 PM, fgfunk wrote:

    You don't build a company by firing the ones who built it and brought it back to what it was today. The Current CEO is turning CHK into a little Anadarko and positioning the company to be sold by his master Carl Ichan so he can make a ton of $$$ and move on to the next deal. This stock will tank at the end of the day. Too much debt and to straighten out the books there will be nothing left or no one to right the ship. Fire and sell off to pay for it and what do you have left? Nothing! Good luck suckers!

  • Report this Comment On August 14, 2013, at 11:11 PM, Bshaef wrote:

    Where did you get the information that Carl Icahn is Lawler's master? And, you obviously don't know anything about Anadarko or Chesapeake because the two companies are as different from each other as night is from day. If you are going to make wild ass accusations you should have at least some empirical evidence to back them up.

Add your comment.

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: 2595783, ~/Articles/ArticleHandler.aspx, 9/30/2014 12:20:30 PM

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...


Advertisement