Chesapeake Energy Corporation (CHK) May Rev Up In 2013

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HFA Staff
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Chesapeake Energy Corporation (NYSE:CHK) is one of the most interesting companies in America right now. After years of poor, and sometimes downright malicious, leadership, the firm has turned a corner in 2013, ridding itself of former CEO and Chairman Aubrey McClendon on April 2013, and trying to get back to its core business. In order to defeat its cash flow and debt problems, the company has been forced to sell a tremendous amount of assets in the last year or so. A new report, from Citigroup Inc (NYSE:C) applauds the efforts at Chesapeake Energy Corporation (NYSE:CHK), and puts a twelve…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.