Scratching my head as to why we have 2 ops mgrs in the Eagle Ford. Maybe this area is managed different than ours, if we need to trim some fat this may be a starting point.

Karma coming to an EC office near you soon. Long overdue.

It's been dark day at Chesapeake people are dropping like flies. DL has been leading us through capital discipline, pointing at an ever distant light saying "free cash flow in just two more years". But then in the earnings call you hear the rest of... — read more 

Time for Doug to go, what a joke this company has become under his “leadership”. There is no turnaround, just executives making a k–ling while the employees and stockholders are left in the dark. It’s fine. Everything is fine. I’m fine.

Stock is currently down over 11% to $1.38. Can you feel it?

obviously not cutting it

The market has lost all faith. Time to move on. We can’t stand to lose more equity.

I will be very concerned if we cash flow negative but building up a cash reserve. For years we have been holding on to only $5M in cash (I think we spend that everyday on toilet paper in OKC). If we have $200M+ that's trouble, no reason to pay... — read more 

Whiting cut 1/3 of work force mostly high cost people. Independents continue to drill uneconomic wells contributing to the excess supply situation estimated to be 1 million bbls/d in 12 months. Hope CHK can make the necessary adjustments.

Natural gas markets continue to melt down, and many market players are now calling for $1.50 gas. Despite improving net cash provided by operations and increasing oil mix, thanks to the acquisition of WildHorse Resource Development, the financial... — read more 

Can it get worse? Guess what’s coming next?

Have we got an employee who will speak out ? What is the consensus in the office as to whether there will be a profit or loss for second quarter? Lets have some guesses.

You have successfully jack-hammered this company straight into the dirt. CHK was a ~$10B company when you took over as CEO. For the largest shareholders to be calling for AKM's head then, and not yours now, makes me wonder: how much are you getting... — read more 

I certainly couldn’t. This states that the company is in could be a good reminder to folks st other companies, that nothing is for sure, and that bad decisions can go a long way. Is there anyone that could have predicted this?

Many of you at Chesapeake are about to receive pink slips.

Kinder Morgan’s stock falls after earnings, Chesapeake Energy’sh–s 20-year low Published: July 18, 2019 3:24 p.m. ET Aubrey?? Yeah, right.

Every time there's a layoff, the remaining employees, in a fit of rock-throwing hubris, claim that those who were fired deserved it, and those who remain are the "cream of the crop" and can now get down to business. Well, at $1.58 per share, it now... — read more 

The six month anniversary of the largest public shaming that CHK has ever seen is rapidly approaching. I wonder if the HSER leader had that brought up on her mid year review. I can promise you that we have not forgotten. This department has been on a... — read more 

unmitigated disaster

A press release stating that earnings will be released on July 31 will come soon but word has it they will be released earlier to burn the shorts. Also there will be a small asset sale announcement and another partnership (for gas).

Jefferies used to be a big supporter of CHK. Wow

https://money.cnn.com/magazines/fortune/best-companies/2014/list/?iid=BC14_sp_full https://money.cnn.com/magazines/fortune/best-companies/2013/list/?iid=bc_sp_full https://money.cnn.com/magazines/fortune/best-companies/2012/full_list/... — read more 

Their goal is to make all of your options worthless.

big things on the horizon

Run fracking off natural gas. Pure genius. https://www.bloomberg.com/news/articles/2019-06-26/frackers-go-electric-as-low-natural-gas-prices-spur-fuel-switch

Layoffs are happening right now, do you have more details on why they are cutting people right now?

Chesapeake Energy has never generated free cash flow and probably never will. During the last 6 years (since present management took over) the company has lost over 90% of its value 😂😂 Management has done everything possible to keep the company... — read more 

Dug us out of a big deep hole in ‘99 when the stock tanked to .69 a share and built a formidable company that took pride in their employees. Dougie continues to run er into the ground taking care of NOBODY but himself.

Are there any good lawyers available? Maybe Cohen can represent.

PR to be released after market

....since we can’t seem to keep our elevators working!!! I’m all for “Shrinking Our Shadows” but can’t Chk find another way??!!!

There will be a major anouncement soon. I cant say as I work there but believe me, this will change the direction of the company

If stock prices just came back 2000% I could break even. I think CHK will be back at $35 in 2070.

CHK employees. Polish up your resumes and see if someone else will hire you. https://www.yahoo.com/finance/m/a3ab5d0d-1f13-3d52-b89e-4bf0a5b7d67d/exclusive%3A-natural-gas.html

And their former CEO has returned to run the company.

The financial results of the first quarter were less than stellar. The net loss attributable to shareholders was $44 million. Revenues were down 13% compared with the same quarter from a year earlier. Interest expenses remained steady at $161... — read more 

Been a year since I left after only a short stay. Very happy with my decision. I liked Doug but a jerk VP (now gone) and the unchecked power of HR made me go. Hope it gets better for my friends who depend on the Company.

Comments

..and CHK stock is $1.86 Apparently, previous commentators were correct: Chesapeake has historically been laying off the wrong people. Now, only rock-throwers remain...and the stock price shows it. Thanks Dougie!