Chesapeake And SandRidge: Caveat Emptor

Chesapeake Energy Corporation (NYSE:CHK) has been through its rough patch, or so it would seem. The company's mid-2012 stock collapse, owing to allegations of corporate malfeasance and financial shenanigans, is far behind it, and the firm's stock price has idled around the $17 mark since November.

The firm cannot, however, keep out of the news, even when it's not doing anything particularly interesting. A Reuters article today dipped into the troubles of SandRidge Energy Inc. (NYSE:SD), through the lens of the company's long relationship with Chesapeake. The article was informative, and worrying for investors in both...