Apaches how’s the vibe now? You had 100 days to feel empowered and successful…now the man behind the curtain needs to drop trousers (oil price) so the midterms don’t destabilize the wizard of Oz.
What’s break even now? Can Apache continue nickel and dimming its vendors?
They laid off people when oil >$100 … lower your expectations even more
Let’s put some put options…win on the way down
Gonna crater. The portfolio su-ks and there is no saving this pig.
Should be back at 3$ like 2020.
JC and crew will take credit for the increase and point fingers for the decline
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Most employees sold at highs and many of the sophisticated ones had put options so they are solid. APA in a low price environment will be severely challenged…and now that the ceo has Alaska on his mind…things go sideways…