The stock is officially in the toilet! Like BW on the 5th floor. Who of you are loving him now?
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Say no way. Way.
Time to fire a lot of those Yankees....both the ones working in the spring office and up north in PA and WV.
I tell you, Way lost me when he retired the greatest HS&E leader of our generation. Just hasn’t been the same since, and likely the reason our stock is “plunging” (Sorry, Bill). The charisma and needle moving swagger this guy had was just amazing. Hopefully he’s inducted into the SWN Hall of Fame soon! He has my vote!!
Not in the toilet yet. It’s still above a dollar at $1.85. And then it needs to be below that dollar for 30 days before de-enlistment from the NYSE. So, we still have some life in good ole SWN!
With current commodity prices....and $4-5 natural gas prices are never coming back....operators need to become lean and mean to budget for $2.25-2.50 gas. Drill better wells more efficiently. Cut operating and G&A costs. First step, cut 50% of staff. Need to be able to do more with less. Good people can make that happen.
I am not sure what departments are too fat, but start with them.