Thread regarding Southwestern Energy Co. layoffs

Labor Day

I'm sure Way is resting from all of his hard work over the past year. It takes a lot of energy to destroy so much value and put our share price in the tank. Really, why does he have any days off?

Unfortunately, his buffoon style of running a company is about to cost more jobs. He may be able to wait it out until we see what winter pricing is doing, but there is no way of running the same number of rigs in 2018 as we are today -- fewer rigs equals fewer jobs. Be active in your job search and don't wait until the hatchet shows up.

by Anonymous
| 2012 views | | 5 replies (last September 8, 2017) | Reply
Post ID: @OP+P69J5sR
Comment! It's anonymous!

5 replies (most recent on top)

I believe that swn stock hit a 52 week low which means it's probably a 15 year low.. really sad. I've been a vendor in the past and still know a few people there... it's not only unbelievable how low they've gotten, but no spirit of hope seems left.

Also I was looking at slide deck and as others mentioned , price scenarios are silly... but lol at the table of remaining locations. Even starting at $3 gas , it says the location are at 10% .. which is I guess is a discounted pv10=0... anyway it looks deceptive. The financial guys smell bs ....

-- it's time to let this old dog die a gentle deatrh

by Anonymous
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Post ID: @4cuv+P69J5sR

Goldman Sachs posts downgrades on several Marcellus-Utica players as Nymex continues to slide and NG curve Backwardated.

by Anonymous
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Post ID: @4zuh+P69J5sR

SWN may very well be heading for D-Day, but just the same, the CEO must instill hope in the troops. The millennials are walking tall and fulfilling their dreams; the other battle-scarred personnel are prone in the sand, seeking cover and grasping for the last few paychecks coming their way. When a millennial comes upon these downtrodden individuals, they should stop and pay homage by offering them a couple of puffs from their cigars. In doing so, you will be able to hear the music- The Story of a Soldier by Ennio Morricone.

by Anonymous
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Post ID: @4czx+P69J5sR

Based on the earnings release, all 2018 hedges are between $2.97 and $3.00 downside protection. 2019 is at $2.95. Strip prices today are $3.03 in 2018 and $2.86 in 2019.

Way can run but he can't hide.

Go back and listen to the earnings call or read the transcript on the website, Way babbles about broad macro events that he knows very little about and then about "encouraging outlook for natural gas prices". What is encouraging about prices? He tries to pump sunshine. Look out! He's a snake.

by Anonymous
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Post ID: @2blz+P69J5sR

January and feb futures are at 3.27 .. we are supposedly hedged so that's the price ... in the investor deck they show 3/3.5/4 case NO ONE in industry is planning their business on $4 gas nor really $3.5 -- so low side case for swn is most people's upside case .

Prices this winter, won't help is the bottom line . Prepare for layoffs, plus in Houston we have to make room for college grads added in last two years ( who knows why)

by Anonymous
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Post ID: @2nfk+P69J5sR

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