What are you folks the most excited about, and maybe the most concerned about with regards to this upcoming transition?
10 replies (most recent on top)
Cenovus stock is in afree fall. Selling deep basin will be next to pay for acquisition debt. At 49 a barrel, a nightmare is developing. Crapweasels are trying to sell the positive side of a new sh-- storm.
Mid management is not to be trusted. Senior managem. Must do what is needed for survival. Dont blame them.
Mid manager are te crapweasels. Look over this site, you will spot them, easily. A joke, starting with exciteddtobevaluedagain, typical crapWeasel posting.
Our W/I gas plants are below 40% capacity and taking fewer and fewer third party volumes. WCSB natural gas is dying a slow death and LNG isn't going to happen in Canada for a long time. Cenovus got taken on this deal.
Cenovus will bail on the conventional assets when they realize they are too gassy and have pressure depletion issues. I give it two years until they package it all off.
Cenovus is honoring COP years of service actually
Cenovus needs to make additional asset sales to comply with the terms of their bridge financing loan. In other words, more layoffs without the benefit of service credit.
I think it could be good, at least they are spending money. No company has good reviews right now after a few years of layoffs. Fridays off all summer is great, cubicles not so much
In a new swamp with new crapweasels! Grrrrrrrrrrrrrreat
Looking forward to servicing my new crapweasel manager so he she is valued again!
Concerned somebody may be draining the swamp, just after
They also just fired their EVP of HR.
Check out the employee reviews on Glassdoor - doesn't sound so good.
I heard they give free cookies at Cenovus