Thread regarding Chesapeake Energy Corp. layoffs

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.

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| 1831 views | | 5 replies (last November 5, 2019) | Reply
Post ID: @OP+11SrIQ9n

5 replies (most recent on top)

Everyone is all aligned and headed straight to the unemployment line.

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Post ID: @ecv+11SrIQ9n

Mgmt definitely managing expectations. Thinking trying to send signals to all connected to CHK. Cost costs both voluntary and involuntary coming.

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Post ID: @uug+11SrIQ9n

"BOD, Management and employees are totally aligned." Why say this on an earnings call?

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Post ID: @bhz+11SrIQ9n

Here I was hoping FP wouldn’t speak at all....no luck.

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Post ID: @oah+11SrIQ9n

And reducing G&A by 10%?! There’s only one way to drop it by that much, but some areas are already so lean; not sure how much more those groups can cut. Can they focus on the drain the campus is on G&A? Rent out some of these empty buildings?

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Post ID: @woh+11SrIQ9n

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