STAY ALERT!
22 replies (most recent on top)
@13t well $500 million cash on hand now. I think $2 billion bank revolver but cap ex spending for Suriname going to be $4-5 billion. They have stated goal of paying 60% of free cf as dividends amounting to $300 million, rated bbb- and aversion to more debt. So rule out debt. Plus active share repurchase is ongoing.
Numbers do not work. Something going to happen.
@vn how many. There’s no news or announcements
@211 omg - good, bad, ugly…we are already walking on egg shells and you put this for us to skewer for 3 months. Of course, it has to be bad news.
@1zz OCT-NOV will be the announcement will be implemented in JAN
@1zy when?
@1q3 reorg is coming
What about Facilities/General services. It's 3 bosses there and not enough employees to manage. So, what do they do alllll day?
@13t This is true, mass resignation should be the answer
January STI and LTI changes will be announced and significantly lowered.
@102 interim VP of IT
Instead of run rate it should be running off rate
@j0 thing is when ceo came in 2015 apa share price was like $45. 11 years later it was $25 a share. Run up past Morty’s has nothing to do with apa simply Iran volatility in crude.
Fix the company from the top not bottom starting with melon head.
@ws who’s BM?
wow poster nailed this one
Exited more IT folks, so BM can hire more contractors working for his consulting company. Got to love this place.
What happened today?
@j0 I mean really. I $15 billion company with sub-skeleton crew at this point. Those that remain, lift must su-k bc all this sh-t gets out to you and what an environment. Exception is 24-7-365 80 hours a week.
IT got hit hard today
Coming tomorrow. Get ready to be called to level 2.
They will keep the tards per SOP. Maybe hire a few more DIs.
@j0 Numbers tend to work itself out.
How many more poor souls can APA layoff?