Let's check the boxes.
Bleeding money
Downsize again
Give ourselves raises
Yep, that about covers it.
7 replies (most recent on top)
I don't know how a company ca be declared worthless, bankrupting vendors and employees savings accounts, then continue operating with a newly issued stock and same over payed management team that caused the bankruptcy in the first place. WTF??
The VP's have already sent their resumes to Boeing, a perfect safety culture fit.
Yep. When you burn through your EF money, then what?
Which at this rate could be the end of 2024.
Pretty obvious Nicky isn't in charge from the way the last layoffs went down. This is hundred percent the trash board we got after bankruptcy. Short time outlook, absolutely zero experience with big companies. Those are just a couple of their strongest points. Thanks to the banks who picked them. I bet they wished they picked differently now. When prices ran they looked smart, but a board full of chimps could have done that. Now the truth comes out.
Well with Tricky Nicky in charge what did you expect? A renaissance? Get real people you need a true oil and gas leader!!!!
The saddest days await us all when The Narcissist assumes the top post.
Plus - Stock in the low 70s. It is all playing into the board's plan for no more chk in Oklahoma, even earlier than they had hoped. Sad days ahead.