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Chesapeake Energy’s Bold Oil Bet Is Already Paying Big Dividends - The Motley Fool
Chesapeake Energy’s Bold Oil Bet Is Already Paying Big Dividends  The Motley Fool

Last fall, Chesapeake Energy (NYSE: CHK) surprised investors by sealing a deal to acquire WildHorse Resource Development for nearly $4 billion. The transaction marked a crucial point for the oil and gas company, as it will now accelerate its strategy to improve both its financial and growth profiles. Just a few months in, and the deal is already starting to pay off for the company. That was evident during Chesapeake's recent first-quarter conference call where CEO Doug Lawler highlighted how quickly the acquired assets are delivering results. Image source: Getty Images. 'We're quickly captu...

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