An excellent article published by NGI’s Shale Daily reports that Chesapeake Energy is transitioning from a risk-taking exploration company to a profit-making production company.
Chronicling the journey–where they are now and how much Chessy plans to raise this year by selling even more assets–here’s NGI’s expert take on the mighty house built by Aubrey, and stolen by corporate raiders Carl Icahn and others (euphemistically referred to as “activist investors”):