SandRidge Energy, Encana, and Chesapeake Energy Have Made Impressive Turnarounds, but Which One Is the Best Investment Today?

By Tyler Crowe – May 27, 2014 at 11:34AM

OTC: CHKA.Q

Chesapeake Energy

All three are in the midst of impressive turnarounds, and it may be time for investors to reconsider these formerly down-on-their-luck energy stocks.

A little more than a year ago, Sandridge Energy (NYSE: SD), Chesapeake Energy (CHKA.Q), and Encana (OVV 1.13%) didn't exactly look like great investments. However, now that all three have new CEOs at the helm, each is turning its prospects around in its own unique way. Not only have all of these companies significantly improved their financial situations by unloading large amounts of debt, their capital expenditures are going more to what counts: putting the drill bit into the ground.

Of these three companies, though, which one should investors be interested in the most? In the video below, Fool.com contributor Tyler Crowe and The Motley Fool's energy bureau chief, Joel South, break down the turnarounds at these companies and make their picks for their best investment. Tune in to find out.

Joel South owns shares of SandRidge Energy. Tyler Crowe has no position in any stocks mentioned. You can follow them on Twitter @TMFEnergy and @TylerCroweFool, respectively.

The Motley Fool has no position in any of the stocks mentioned. 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.