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.

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  • 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.

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9/28/2016 11:14 AM
CHK $6.27 Up +0.04 +0.64%
Chesapeake Energy CAPS Rating: ***