Can Chesapeake Turn a New Leaf?

Is Chesapeake finally heading in the right direction?

Joel South
Joel South
Feb 22, 2013 at 3:17PM
Energy, Materials, and Utilities

Now that Chesapeake Energy (NYSE:CHK) has made some changes to its leadership and management, is the company finally on the right track? While the company beat recent earnings expectations, much of the investor focus has been on the company's huge amount of debt. It recently brought that debt down by $12 billion by selling off some of its Permian and midstream assets, yet $4 billion remains. In this video, Motley Fool energy analyst Joel South tells investors what's ahead for Chesapeake, and whether the company is on the road to prosperity.