In this segment, Motley Fool analysts Joel South and Taylor Muckerman discuss companies 15-11 of their Top 20 energy companies to watch. Companies 15-11 can be found here.
After replacing Aubrey McClendon as the skipper of Chesapeake Energy (NYSE: CHK) in June, President and CEO Doug Lawler is focused on making money now! The new Chesapeake is slicing out fat by cutting estimated capital expenditures nearly in half this year. In addition, the company is focused on liquids production and only drilling core of the core assets. Best yet, Lawler wants Chesapeake Energy to fund its capital expenditure budget through cash flows from operations.
Yes, the company still needs to sell off significant amounts of non-core assets to reduce its debt burden, but the days of piling up debt to hold assets by production are a thing of the past.
More compelling companies from the U.S. energy revolution
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