Being a first mover in North American unconventional oil and gas plays has given Chesapeake Energy (NYSE:CHK) one of the strongest asset profiles in the U.S. natural gas market. The same thing happened on the oil side of the equation, but nobody seems to notice as much. Today, Fool.com contributor Tyler Crowe and Motley Fool analyst Joel South talk about this quiet giant, Continental Resources (NYSE:CLR), and how getting in on the ground floor in the Bakken region is really starting to pay off for the company. Thanks to improved takeaway capacity for the region and some of the highest quality crude in North America, the Bakken has potential to transform Continental into a big winner.
Joel South has no positions in the stocks mentioned above. Fool contributor Tyler Crowe has no positions in the stocks mentioned above. The Motley Fool has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, long JAN 2014 $30.00 calls on Chesapeake Energy, and short JAN 2014 $15.00 puts on Chesapeake Energy. Try any of our Foolish newsletter services free for 30 days. 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.