Chesapeake’s Changes: Examining The Energy Giant’s Turnaround

2016-09-18 18_13_00-Morguefile free photographs for commercial useToday’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.

You may also like