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.
At the time, it seemed a bit aggressive. However, looking at the results it appears not only did the company have the right idea, but it might have been a bit underestimated. So while the company's management has been under a considerable amount of scrutiny for some poor decisions, in this case it deserves some credit for having anticipated the problem in order to lessen its impact. But it has not stopped there. The company has been doing a more than an adequate job to help mitigate the situation, an example being investing in oil fields in an attempt to increase crude production, as well as diversifying its offerings.