Today’s article examines the ongoing turnaround at Chesapeake Energy which, having been hit hard by the decline in oil prices over the last couple of years, started the year with a measly share price, billions of dollars of debt and as a candidate for bankruptcy. The author notes that, since then, Chesapeake’s “ongoing initiatives including asset sales, cost cuts and debt repurchases have transformed it into a leaner, low-cost producer that is equipped to survive in the current pricing environment.” To read more about Chesapeake’s turnaround and why the author believes that it is a “rally worth buying into”, CLICK HERE.