You probably won’t find a gig making comparables. Just keep showing up to work and be grateful?!
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That’s not always the case. Don’t get trapped
JC is on his way out as a scapegoat and SR and his stooges are just continue the decline while the board stands by and watches.
So true, Diamondback was bigger and it is double than APA now, even Endeavor had more production than Apa before Callon. JC su-ks so bad.
JC and his gang of clowns should have been shown the door years ago.
They haven’t created any shareholder value, they consistently make the wrong decisions, and they have done little but squander money and destroyed what was once a respectable company.
And Wall Street clearly agrees—the stock price hasn’t even kept up with inflation since JC took over, and the share buybacks are doing nothing but evaporating money and helping the CFO engage in financial engineering (all to the exec’s great benefit, of course).
The company management is a disgrace. Whatever happened to “fire in the belly” and “best answers win”?
Now it is more like “wallow around lazily” and “be a yes man and don’t rock the boat.”
Meh, ship APA will soon sink anyway, thanks to all of the holes in its balance sheet and poor production future, brought to you by Ol’ Captain JC and his crew team of blind followers.
Listening to the earnings call and "right sizing" the operations it leaves no doubt that the BOD and c-suite needs to be jettisoned. What we need is an activist investor to come in a shake stuff up. APA has by far and away the worst management in the oil patch. Just think of this....The CEO of Diamondback worked for JC and saw what he got into and quickly left and created a massive Permian conglomerate in 12 years.
Whenever I miss the LTI I remember that I left for a place with actual career progression. I could have coasted at Apache for 10 years but not actually have 10 years of meaningful experience. And then get laid off.
I left a few years ago. Now making around 40% more for half the workload and no stress. Company culture elsewhere is a world apart from the toxic, bullying-tolerated Apache I left behind.
Nothing major there seems to change. The fatcats remain, with no evidence of sustained success via the stock price. The comments on here confirm stress, favouritism and general bewilderment remains.
Despite money haemorrhaged on consultants, campaigns, redundancies, streamlining and so on, the more things change the more they stay the same.
Any update on the class action?
Personally, I’m exhausted by feeling like the layoff axe is always being held over me, ready to be lowered.
Layoffs have been talked about in meetings before the move and since buying the new company
True
I’m not going to lie, I miss that LTI.