Will the principles try to bundle and divest so they retire comfortably. CN Permian continue to outperform? Will Suriname be sold to Shell?
8 replies (most recent on top)
@4n1 There is one simple fact that could change that but the current executive team is too d-mb to figure it out.
@4yg Yep ENI
@4n1 wut... Dude read something and update yourself lol
Getting ready to drill in Uruguay alone, couldn't find a partner after 4 years.
@1jz Here is a thought. He became CEO in 2015. If all the sudden in 2025 he believes he must right-size the company and layoff by the hundreds - why 2025 to save the purported $500 million in savings? What the h*ll do in 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024? How many hundreds of millions or billions could the guy have saved if all these employees were slack and unproductive?
For APA to advance you need get rid of this waste of a CEO and the $10 million a year he is compensated. I mean the Alpine High -$3,000,000,000 debacle was enough to toss him.
JC has to be worth at least $150 millions, so undeserved
Fire JC
@OP retire comfortably. I believe JC is this single largest individual shareholder with $30,000,000 worth of shares. It is absurd to think over his 11 years as CEO he might've been compensated millions a year but in aggregate idk $50-100 million since CEO - for what bc when I think all his "accomplishments they are all failures!
wasting $1 p/s on dividends when the company has positive net PV projects and investors don't give a sht the dividend that billions wasted.
selling Australia, Canada, closing uk to focus on US yet then making plays in Suriname, Paraguay, Argentina.
and the biggest blunder, Alpine High. How the he-l he kept his job after that is insane.
just too many failures to list. Just watch, soon as they plug UK, the Reform party takes control and goes full force in UK being energy independent and APA abandoned UK while brents $100+ a barrel.
Wall Street knows he's a dipsht and holding the share price down. Soon as he is gone watch the shares shoot right to the old glory days before he came of $100, $150