Chesapeake Energy: See, It’s Not All Bad News

Wunderlich’s Jason Wangler explains why he likes Chesapeake Energy’s (CHK) decision to sell some assets to privately-held FourPoint Energy for $840 million: karen bleier/Agence France-Presse/Getty Images Chesapeake once again moves to simplify and improve its balance sheet. Commentary around the deal states there were discussions for about a year, which makes sense given Chesapeake’s continued focus on [...]