Giving the CEO of SWN an entrepreneur award is like giving a Cub Scout a war medal. The CEO has to wonder why, and feel insulted. It would make sense if SWN was better managed.
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We need this company to be run by millennials. They got this. They will save the company. Layoff Way and his flunkies
from other companies. There is a reason a birds of a losing “way” flock together. So lay them off.
Exactly! Wall Street has caught on to the misleading information and is cutting off the loans. The practice of drilling your way out of it is not working.
Posting this from another thread in response to hedging:
Layoffs have to happen. Pricing are falling and costs aren't. Can't drill economic wells, but we and industry will still try - making matters worse. We justify this, but using anything but current prices in AFEs, etc. A "management view" of price, aka whatever price it takes to get to 1.3 pvi minimum.
Mueller was reluctant to hedge, but agreed to do so. Board refused to do it after we signed up for WV.
Way is a buffoon and is the Board's puppet (esp the Chair).
Way inebriated?? Brings to mind Christmas parties!
I don’t think the decision to spend 5.5B is going win SWN any intelligence awards.
That’s about as dumb as a comment that I’ve seen on this site. S Mueller is the primary reason this company is loaded with debt due to his unwillingness to hedge after the acquisition that resulted in massive layoffs!
We need Muller back!!!!!!!!!!!