Why McClendon's Ouster At Chesapeake Energy Is Bearish

Aubrey McClendon is out as CEO of Chesapeake Energy after turning a company he founded from scratch 30 years ago into the country's second-largest natural gas producer. What happened?  The short answer is the low natural gas prices destroyed the company's earnings.

By SA Editor Miriam Metzinger: Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday January 30.

Back in May 2012, when Reuters' all out aggressive campaign against Chesapeake Energy was in full swing and the stock was trading around $14 per share, we predicted that contrary to the endless balance sheet bashing there was, in fact, much upside to CHK.

By Hype Zero:Chesapeake Energy Corporation (CHK), the embattled U.S. oil and natural gas producer, has had a tough year. It has lost more than 30% of its market value due to historic low natural gas prices and Aubrey McClendon's potential conflict of interest between his role as CEO/Chairman and his personal stake in some of its assets.

By Sammy Pollack:Shares of natural gas giant Chesapeake Energy Corp (CHK) are down by just more than 40% over the past six months. The two major reasons for the decline have been falling natural gas prices and the controversy surrounding CEO Aubrey McClendon.

By Trent Guinn:Chesapeake (CHK) is an oil and natural gas Exploration and Production company based in Oklahoma City. The company was founded in 1989 by current CEO Aubrey McClendon and current Sandridge (SD) CEO Tom Ward. Aubrey has built Chesapeake into the second largest producer of natural gas and the most active driller in the US. Recently, Mr.

By Trent Guinn:Tom Ward and Chesapeake (CHK) CEO Aubrey McClendon were partners in the early 1980s, buying and selling leases in Oklahoma. The two founded Chesapeake together in 1989, successfully turning it into America's largest producer of natural gas primarily by swooping in on cheap, unwanted leases and subsequently monetizing these acres.

By David White:A couple of years ago Aubrey McClendon, CEO of Chesapeake Energy (CHK), announced a new strategy for Chesapeake Energy. His plan was to switch more of CHK's development and production into oil instead of natural gas since oil prices were far above the historical oil to natural gas price ratio.