Chesapeake stock up after announcement

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Wall Street responded positively to the announcement that Chesapeake’s founder and CEO, Aubrey McClendon is leaving the company he co-founded.

Chesapeake stock ended the day almost 6 percent higher at $20.11 a share.

As one analyst said, Aubrey McClendon was the "face of the U.S. natural gas boom."

When those gas prices plummeted, McClendon's style of mixing personal finances with the corporation attracted negative attention from regulators and shareholders.

Energy reporter for the Journal Record, Sarah Terry-Cobo, talked with us about McClendon’s impact and future.

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.