"Chesapeake Energy Corporation" by Brian Blaylock, David Earle et al.
 

Chesapeake Energy Corporation

Brian Blaylock
David Earle
Danielle Smith
Jeffrey S. Harrison, University of Richmond

Abstract

Chesapeake is the second largest producer of natural gas in the United States, but the company is struggling financially. In addition, its CEO left the company amid governance concerns. This case provides a description of upstream, midstream and downstream energy production and trends in those segments, and how Chesapeake has shifted its emphasis in an effort to increase its performance. The extreme price volatility in this industry is also described, as are technological advances in areas such as “fracking.”