Chesapeakes problem isn’t the staff in the field, it’s the engineers in Oklahoma City and the morons who design the pads. Wanna know why CHK is 10 billion in debt? Because there are $2,500 valves laying in the dirt in the Eagleford. Motor valves and... read more
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Topics regarding layoffs at Chesapeake Energy Corp.
Hammonslaw.com Think before you sign. This firm has a good track record against Chesapeake and knows their history. Give them a call. I did!
You heard that right, since bonuses were paid out last week 16 employees have turned in their resignations separating themselves from this cluster F of a company. This is only the first wave, 2nd wave will come after LTi bonus pays out this week... read more
Is firing the new layoff? Three people have been shown the door at my location in the past two weeks. Really can't figure out why. Is this the new way of getting rid of people without having to pay them severance? This is exactly what I needed - in... read more
“When you’re cursed with all this debt ($5 Billion), there’s no way you can grow or invest or compete anymore,” said Howard Davidowitz, a retail consultant who worked with Toys ‘R’ Us in the 1980s and 1990s. “Now they’re running up and down the halls... read more
enjoyed yesterdays town hall. excited about the future. but did anyone else thinkit was concurning that the evp in charge of supply chain admitted he just took a supply chain class to know what to do.
Dont forget WE have you whiners under surveillance. Security cameras and listening devices monitor your conversations, website visits and how much work you actually get done. Get busy or get laid off.
Seems a bit too quiet right now...
Hopefully for a good price.
You’re one of the 400 laid off in the most recent layoff and then get an invite in an email to CHK’s career fair March 13th lmao!
Sure, the profit of $405 million looked great, but you have to back out asset sales of $81 million, and capex of $523 million, and suddenly things aren’t so rosy. Actual free cash comes to negative $100 million. Isn’t Even Speculation Worthy
This is RH as most of you know I was laid off recently . I was recently was made aware of an post on here by another Chk employee slamming me for writeing a post which I totally had NO hand in . I also think its childish to post stuff here when i can... read more
Did they screw you too?
Keeping hearing March 6th floating around as another RIF day. It wouldn’t fit the standard layoff criteria on non-pay week, but where there is smoke... Bonuses will still be paid for those and packages could be similar but not identical to the 1/30... read more
With the earnings beat and the huge jump in our stock price, I am so excited that next week my options vesting will be worth... ABSOLUTELY NOTHING. That 20% bump on earnings has been given back and we are back in the death spiral. Can’t break $3 and... read more
How to further your career at Chesapeake: instead of working hard in the field and making sure you put Chesapeake's best interest first concentrate on s---ing up to your foreman and superintendents so you look good on paper. You'll get an amazing... read more
So has anyone else seen that CHK is posting more jobs and that they will be in attendance at the SPE hiring conference is March? That’s some F’d up stuff.
What the heck happened down in S TX?
Said the man
March 6-14 date still moving. Acquiring company will cut chk headcount. Those leaving get severance those kept get bonus. That why small bonus payout four us all.
There once was a man from Topeka, A good job in oil he did seek-a, With his bonus in hand, He queued up the band, And said f--- this, peace out Chesapeake-a
Chesapeake has two areas where they can grow their oil volumes, Eagle Ford and the Rockies. Neither of them made money last year and neither will make money this year. Both areas are run by VPs who do not have a clue how to manage these assets or... read more
I’m watching this board very closely. Don’t think we don’t know who is involved in this board. My commitment is to the Company and not to any of you snot-nosed overpaid monkeys. All we need to do is place an intern in your position and we simply cut... read more
With this earnings report and positive guidance known by the Board and management, WHY are there no insider buys??? The answer is significant pending asset sale
watching I say.... GPS position, all day. They can all see.
Let's bring back the bench-marking tracker. You know, the table that objectively showed the performance of CHK against the other O&G companies. I don't think that tracker even lasted a year before Lawler took it off mychk.com because his CHK was the... read more
Wake up sheep this is you. CHK's debt balance as of year-end 2017 was virtually unchanged at $9.98B vs. $9.99B at the end of 2016. More asset sales on the way.
I can’t wait to see the earnings report tomorrow. I think we’ll be pleasantly surprised and we will finally get some good news.
I'm just saying that the company has dropped most of the dead weight.
I worked at CHK when AKM was at the helm and CHK was the fastest car on the race track. But we were a car that had no brakes. Speed was more important than anything else, including transparency,fiscal responsibility, personal accountability, and... read more
In the first “town hall” meeting Doug had with his direct reports and their direct reports he put a graph of the stock price up on the screen and said this was the report card for everyone in the room. He went on to say how everyone made way to much... read more
Chk needs to be a leader in carbon capture. /
Who remembers that one time we bought a map collection from a “collector” at far more than what he purchased them for? What was that collectors name again? Why do we have so many trees around the campus? Be real beneficial if we knew someone who... read more
The question then, is why, in the face of mass layoffs and catastrophic shareholder value destruction, does a CEO of a publicly traded company deserve $20,000,000 USD in compensation when he is firing employees with no means to support their... read more
Anadarko Executive Brings Expertise in Asset Development and Management, Capital Allocation, and Operational Efficiency to Chesapeake May 20, 2013
So who all saw the buyers walking around campus? Surely it wasn't just me.
Remember when Doug exclaimed “How does $25 feel?” with excitement at one of his first townhalls? Better question will be “how does $2 feel Doug?” Wonder if there will be a townhall lol
Spring is pruning time. What better time to cut out the dead and dying wood. We can afford to say good bye to at least 500 dead logs without severance. You are taking up too much space for the important people.