First-year CEO Robert Lawler pulled all the right moves for Chesapeake Energy (NYSE:CHK), boosting operating cash flow by 53% year over year while also shattering earnings per share estimates in the second quarter. 

After years of controversial leadership, Lawler seems to have struck the correct mix of targeting core assets while also significantly cutting costs. In this week's edition of The Motley Fool's energy-focused show, "Digging for Value"energy analysts Joel South and Taylor Muckerman dissect Chesapeake's second quarter and offer investors insight into the future prospects of this debt-laden company.  

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has the following options: long January 2014 $30 calls 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.