Favoritism in the RTC? True or False?
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Topics regarding layoffs at Chesapeake Energy Corp.
Please come back!! Sandridge today! CHK tomorrow!
How does this work? You (sort of) graduate college in 2014 at some no name University and by 2018 you are hired as the Vice President of Information Technology at Chesapeake? This place is straight out of Dilbert. #itisn’tfunnywhenit’sreal.
Just heard that they tried to sell the lab last year to Premier (despite assurances that selling the lab was out of the question) for $65 million. Anyone have some thoughts on that?
Looks like a long shot.
Look at where the rigs are. The rigs produce future income. This is public information available in 2018 guidance. Seems like EF & Rockies are more than likely very safe. Utica, Haynesville, and Marcellus don't have many rigs. If an ENTIRE asset is... read more
I put up with the BS for only a short while. Enough was enough. Nothing wrong with the Unfreezing Culture, it is just that there are too many snow men!
Has anyone heard anything about selling Utica?
The stock price pop has nothing to do with the fact we laid off people. At all. Day traders are piling into undervalued energy names due to the mainstream financial press finally realizing that we're heading into a global oil supply shortage in the... read more
Thanks to great leadership, cheers to being off the list.
So, everyone in I.T. gets promoted? Seems like they're a bit worried about the mass bail out...
I find it highly ironic that my job was eliminated and I was laid off in January, yet 2 months later I’m still getting calls from employees asking me to help them figure out answers on trying to do my job. Great business plan there CHK. All those... read more
Don’t think the pepes that run the CHK Fitness Center got the memo about Diversity and Inclusion at CHK. Zero people of color selected as their Super Star of the month in the last year. One would deduce only white people are allowed in there.
Stock down 27% over last year and crude is up to $70/bbl things aren’t adding up
ghost town okc.
I wonder who’s next?
Chesapeake employee moderating this site?
“The strength of our operations and improved cost structure, coupled with higher realized prices, resulted in our best quarterly financial performance in over three years," said Chief Executive DL. The stock has tanked 24.8% year to date.
“As of March 31, 2018, Chesapeake's principal debt balance was approximately $9.400 billion, compared to $9.981 billion as of December 31, 2017.”
I'm just wondering how can wells make money when they will be shutting them in on the weekend does this not piss off any investors that the Woodward office will be shutting there wells on Friday and not turn them back on till Monday how is this... read more
Executives do realize moral s---s right? Let's see all that stock I got when DL became ceo got slashed in value, the stock options I got are worth zero, and the bonus was the lowest yet after an acomplished year. Other companies are growing and chk... read more
From what I am hearing, Devon is having significant layoffs today and tomorrow. More people in the industry left without a job means bigger competition for the few jobs that do show up occasionally. Instead of taking advantage of growing oil prices... read more
Citi lowers its 2018 composite spot natural gas price forecast to $2.75/MMBtu from $3 as well as its 2019 outlook to $2.60/MMBtu from $3.35.
What are your plans for creating some shareholder value this year?
Where is the success our leaders keep talking about? You can’t just say it’s working and it be true.
People continue leaving since bonuses were paid, look for key contributors in the STX group (field & OKC) to leave in the next few weeks. Chesapeake hands not Anadarko hands. These peeps are not happy
More on the way. Oh boy.
The financial leverage would be ok if there was enough cash flow to service the debt. But cash flow has been very insufficient to service the debt let alone fund the capital budget properly. The result has been that the last few property sales have... read more
Myself and another employee was fired in 2007 out of the Lindsay field office for “stealing”. I was employed there for only 2 weeks. Turns out the “head roustabout” wanted his buddies on board, so, that was our fate with this company. As far as I’m... read more
NEVER STOLD A SECOND
CHK went a little more negative. Looks like the Anadarko strategy is going as planned.
Chk has fooled everyone except the stock market and a few of its employees.
What the heck happened down in S TX?