Any ideas?
Chesapeake issues going concern warning alongside Q3 loss
Aka beginning of the end. More layoffs. BOL to all.
Earnings Release
Management resetting expectations and finally making the hard decisions is a good thing in the long run. The company needs to restructured on every level to respond to the new energy complex. The bottom line is we want CHK to be successful. Time... — read more
10% GA Cost Reduction AKA layoffs announced on call.
CHK announced on the investor call it was cutting GA by 10%. The cut cut cut cut cut continues.
Another week, another round
HSER last week. Sounds like Land got hit today. Any idea what areas or how many? Any other groups?
Call
Nick doesn't speak on financials. Doug says will answer few questions. Something is going on. Stay tuned. "everyone is aligned" though. Who says that on a call?? Declining production. Costs cuts coming.
Shares of Chesapeake Energy Corp. tank 9.6% after reporting wider-than-expected loss
Shares of Chesapeake Energy Corp. sank 9.6% in premarket trading Tuesday, after the oil and gas company reported a wider-than-expected loss on revenue the fell more than forecast. The adjusted per-share loss was 11 cents, compared with the FactSet... — read more
Other Companies Layoffs
None of the energy companies listed below have pages on this board, so this makes me believe the competition is trying to smear Chesapeake's reputation? Hmmm.... - American Refining - Ashland - Basis Petroleum - Big Heart - Big West — read more
DL will announce plan to take CHK private
On Tuesday
What's going on with HSER?
Were there any more layoffs today?
OVER 90% of the pots on this board are lying and or extremely exaggerating the Truth
Because i actually know someone that works for the company.. A family Member at that... I can say with 100% certainty that virtually NOBODY posting on this board has actual intel to the inter-workings of the company. I will Only say this....ANYONE... — read more
Haynesville
Sold for -$100MM. We will issue more stock to pay someone to take it. It actually costs money to operate & maintain, so this is actually a money maker.
There is no hope anymore
Looking for another job because it's just a matter of time before this company goes under. Everyone was laid off from the Haynesville play and they can't even give it away for free. Major lawsuits are still ongoing. There is nothing now that can save... — read more
Fire the CEO and CFO
if results do not exceed estimates and move the stock price upwards, both of them need to go
Does CEO's Salary Reflect Performance?
https://finance.yahoo.com/news/does-chesapeake-energy-corporations-nyse-113212611.html Thoughts?
What is the bigger threat Layoffs or Bankruptcy?
This from the 2nd quarter report. "The borrowing bases of both credit facilities were re-affirmed in May 2019 with the next re-determination dates scheduled for the 2019 fourth quarter." If 3rd quarter reports come out with a large cash... — read more
$1.28
Defenseless
Layoff planning has begun
I hear the EHS group is having offsite meetings. This happens every time departments are looking at their internal people and deciding who stays and who goes. They don’t want to risk others overhearing the meetings. I will be taking bets on the day... — read more
Guess what????
Q3 is gonna blow!! The stock will drop below $1.
Southwestern Energy
Updated their financial condition and strategy thru recent press release. Has given their stock some life.
No major announcement today
Not before market open
A Note to All
Nobody that would actually know of anything major ahead of time would be dumb enough to post on here. What would it benefit them? Nothing... it might even get them in trouble or fired. Anyone that posts on here foreshadowing some mysterious big news... — read more
Issuing More Common Stock
500MM shares
Major announcement tomorrow
before market open
Franklin Resources
Can somebody explain to me why this company would exchange bonds for 241,000,000 shares yesterday? Is there something I’m missing?
CHK employees
To those of you who are hard-working and thankful for your jobs, I would like to say thank you. Ignore the noise on this board. The comments are mostly from disgruntled employees and shareholders. If the disgruntled employees don’t like their job... — read more
$1.28 friends
RU having fun yet? The real fun is coming soon at a conference room near u.
Attitude Change is Needed
While most employees here are productive and work with a sharp pencil, some are toxic to the success of this organization. If you are unhappy and your main goal of the day is to spur ugly comments on social media, stop it and go somewhere else!
CTO
Was filed by activist investor and comes from Carlyle. I don’t care if you believe me or not, it’s your money/job at stake.
Activist investor
To make major announcement sometime this week. CEO is out!
CHK will not meet estimates and layoffs will be announced soon
Not quite sure what is going on in the PRB. August production numbers released today and CHK is showing a decline from the average 2nd Q production for both the 2 months of the 3rd Q and for the month of August. I thought they had 6 rigs going up... — read more
CEO is a terrible investor and here is even more proof
CEO has an extensive history of buying high and selling low, even his own home. By the way, that house is the ugliest thing I've even seen. Bought for about $4,000,000 and would be lucky to get $3,000,000 even in today's sellers... — read more
Bridgewater wants your shares!
This article came out of nowhere today and is completely irrelevant since two years have passed since Bridgewater sold. This hedge fund obviously paid someone to write an article hoping to get shareholders to sell their shares for cheap so they can... — read more
CHK wins again!
https://marcellusdrilling.com/2019/10/ohio-landowners-lose-royalty-lawsuit-against-chesapeake-energy/
IR is lying to you
BS (yes, those are his initials) knows that The Carlyle Group now owns the shares and that they bought them from a certain activist investor who previously owned CHK stock until September 2016 but sold it all and then bought some bonds that would... — read more
Sandridge Chk
I remember making fun of Sandridge for years when their stock price was cents on the dollar and holy c-ap I just now noticed that they are outperforming chk stock and I’m pretty sure they only have like 6 employees now. Dumpster fire.
After Devon, CHK Is next!
Word on the street is that chk is going to do a massive layoff related to recent news. The mystery buyer sounds too fishy. Why is there no SEC filing and all the stakeholders are left in the dark after the dilution of the shares?
All Aboard!
Next stop: 21-year Low. Final destination? Chapter 11 Station at Pennystockville
Getting to be that time of year
Can't wait for more equity and performance share awards!!