Thread regarding Southwestern Energy Co. layoffs

To get to top quartile...

What is the actual number of G&A we need to cut? How many people do our peers with a similar number of wells, revenue, etc have?

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| 2490 views | | 14 replies (last May 4, 2018) | Reply
Post ID: @OP+SYwUHeI

14 replies (most recent on top)

Bada bing! I insure you, your observation is free from error! Now what about the lap dogs? Are they roaming free in their sport coats or kenneled up for the weekend? Dilly dilly!

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Post ID: @2zxc+SYwUHeI

Omg. Connected the dots to who is “Joker on 6”. Thanks to the post about webmaster and least effective leader

Do you know? It would be...gee..an astute observation if you did?

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Post ID: @2adj+SYwUHeI

A few weeks ago I looked at the “history of swn” page on the website and absolutely no new history after Way- more BS took over .....

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Post ID: @1msn+SYwUHeI

Look at NYMEX at gas prices...

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Post ID: @1smo+SYwUHeI

Stock down again today! Someone help us please!!!!!!!

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Post ID: @1jsf+SYwUHeI

Don’t forget one of the most important a to him

Top Company—surrounding the CEO with the best people by hiring a trifecta of Executive Vice Presidents who have been recently fired by their last company

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Post ID: @1yzw+SYwUHeI

Good stuff ya’ll....we was at the annual WV clay shoot we decide to add a few more top quartile.....

Top quartile.......CEO with all sizzle and no steak except when it comes to using them big ‘ol words (some me never heard of like ..prudency..from the recent transcript)

Top quartile.....least effective webmaster who can’t seem to get that dad gum guy who “resigned” and to the right the guy who title shrunk

Top Quartile......least effective leader in place since January 2016(see Webmaster reference)

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Post ID: @1rqj+SYwUHeI

I am here to announce that we have arrived in the Top Quartile

Top Company (not only Top Quartile) - clueless CEO

Top Quartile - CEO being outclassed/outperformed by his/her peers

Top Quartile - narcissist CEO

Top Quartile - brown-nosing CEO

Top Quartile - CEO worried about his status and "passion" more than shareholders

Top Quartile - despised humans - only outdone by Kim Jong-un, Al Qaida and ISIS members

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Post ID: @1awt+SYwUHeI

What will Way do if he has to travel like us minions - through the airport and a normal United flight. A fear the day that he is bumped from his first class seat. Lord come quickly and help us all!

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Post ID: @hmk+SYwUHeI

Most likely SWN is being compared to Chesapeake - a noteworthy company.

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Post ID: @ise+SYwUHeI

We are TOP HEAVY and using our rigs and grace not necessarily cost efficient. Where is cost of hedges factored in.

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Post ID: @hzh+SYwUHeI

Is Cabot the main one we’re trying to model? Hard to tell who they’re comparing us to. We are much different than Chevron and Exxon. Much more similar to Cabot and Range

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Post ID: @zuo+SYwUHeI

2017 - We had $230 million of expense G&A. Another $100 million capitalized. We have a looonnnnggg way to go to get close to Cabot and top quartile.

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Post ID: @uzd+SYwUHeI

Maybe 30%? Looks like our G&A is about 200 million. Cabot is 100 million for example. We produce about 30% more than Cabot so to be equal we should be at 130 million a year. That'd be a 35% cut total to get to 130 million so it depends on how much non people related cost can be cut.

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Post ID: @rfc+SYwUHeI

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