Chesapeake Is Done with Natural Gas Vehicles

By Joel South and Taylor Muckerman – Sep 21, 2013 at 9:00AM

OTC: CHKA.Q

Chesapeake Energy

Chesapeake Energy has fired its seven-person natural gas vehicle team. Where does the company's focus lie today?

The following video is from Thursday's Digging for Value in which host Alison Southwick and Motley Fool energy analysts Joel South and Taylor Muckerman dive deep into top stories for today's energy sector investors.

In this segment, Joel takes a look at Chesapeake Energy's (CHKA.Q) decision to move away from natural gas vehicles. He tells investors about the shifts within the company that led to its abandonment of an industry that it once fully backed, and takes a look at where the company is focused today.

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Alison Southwick has no position in any stocks mentioned. Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Clean Energy Fuels. 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.