Is it just me, or did RL's comments sound like someone completely in over his head and compassionately tone deaf?
"Does not see need for immediate additional cuts..."
So ECO was a waste of time? Who is accountable for this waste of time? Or does this mean firings will commence not immediately? If so, when?
"19,000 to 16,000..."
Where did these numbers come from? Were they fact checked? This is really wrong. Or did the EE get this misquoted? Does he have any idea of the proper count of the number of families horribly impacted since he took over?
Company "well positioned to be stable in a world of oil prices below $50/bbl..."
So does this mean natural gas prices are not important? The dividend will be restored to prior levels? Dispositions are over?
"We'll always be trimming around the edges..."
Does he realize the personal impact on people's life's? Their families? This is something a coed says about her nether region, not how a compassionate leader discusses firing people in the future.
"Portfolio reasonably stable..."
So again, does this promise no more dispositions?
"Well positioned for surviving and thriving..."
So...We are now top quartile everything? ECO team benchmarked us as winners? I look forward to our massive VCIP in February!
What a sad joke.