Pain
11 replies (most recent on top)
Not a big dougie fan but it is true that the rest of the crew up on 5 is way in over their head
Right. Doug built an overpaid EC with ZERO experience to help him try and correct what all ails CHK. Seems that most likes to take shots at the APC people on the EC but leave out the other two ineffective and inexperienced members of the EC that were on the EC when he arrived. And they helped create the debt buy borrowing and settling every legal case for large sums.
Hind sight is 20/20. Doug is probably kicking himself now. He should have changed out every evp svp and vp in the legal and finance area in 2013 - the cfo and all his cronies borrowed all that money and that’s the only skill they have is borrowing and building debt. The gc is only a proven culture trainer. They have absolutely no idea how to pay down debt and build a company. None came with those skills or have gained them. They have just lined their pockets. Debt should have been paid down in 2014 and an oil acquisition completed - then. As with all successful companies in our industry, we need a cfo that can pay down and manage debt and a gc that is skilled in merger/acquisition and not culture. We don’t have either.
Pain, from laughing so hard!!! My ribs stop it!!
The bleeding won’t stop @ 2.70!
ABANDON SHIP!!!!!!
Quit b--chin and get back to work!
Choice cuts of filet...
Serious question... were there any cuts in building 1?
Don’t worry, Dougie will still get about $1.95 million in cash if the bonus pool happens to be 100%....great job!!
Breaking those new 52 week lows!! Good job Doug!!!