Good news associated with the stock has not come in sufficient quantities while it has had more than its share of controversy.
While the negativity have come fast and furious it is far from a death sentence and the company should be able to maneuver through it. It is going through some rough times due to some regrettable decisions but its reputation for being in a good business as well as its fundamentals remain intact.
However, many investors don't see it that way.The stock has suffered a considerable amount of punishment over the past several quarters. While some of it has been self-inflicted, it seems the majority of the concerns centers on the health of the overall sector, and in particular natural gas, which has had some challenges this year due to fallen shale demand. So Chesapeake has not been alone in its struggles . Some of its rivals have also experienced similar headwinds -- namely EOG Resources (EOG), Range Resources (RRC) as well as Console Energy (CNX). However, Chesapeake has shown an ability to make the best out of a bad situation, as it demonstrated in its most recent earnings report.