Latest I have heard is we will see layoffs more so than SWN given their talent is far superior to ours. Everyone one of their teams from drilling, land, geology and heck even HSE is like an “all star” team. This being the case working for a bunch of c-suite flunkies.
Anyone here validate this truth or not?
You make the false assumption that CHK values talented professionals over sycophants...
This is not going to happen. CHK is so strapped right now it’s not even funny. We have lost 68% of our revenue and diluted our EPS by almost 67% YoY. We missed our last earnings projection by almost 19% and we are expected to miss this QTRs as well. Our stock is struggling to get above $90 even though Nick is saying it’s extremely undervalued. Imagine that. If you buy this stock based on Nicks feelings, you deserve to be taken twice.
Being laid off is the best thing that ever happened to me. The only investment and bonuses that su-ked was Chesapeake stock. I overcame this and found a better life. I turn down all projects now that aren't ethical, and I sleep better than I have in years. I never hold a grudge or burn bridges. I wish everyone the best in life. I noticed people use names of others because they are bitter. As soon as you accept life isn't fair and a closed door means another is going to open, you will find happiness.
Thanks Sean. That validates my post. I know a few SWN technical experts from conferences over the years. They are next level brilliant. Us not so much.
Be leery when your Zombie boss asks about a “technical” matter. It’s gonna be a bait (us) and switch (SWN) so that CHK can be the glorious company it used to be
Since when has talent ever been a critical aspect for CHK management ?
Did you already forget that in 2020 they decided to let go all the legit advisors and technical expert and converted into pseudo(fake) advisors the plethora of zombified managers ? Matt, Josh, Grant are your ears ringing?