Manager
15 replies (most recent on top)
thanks for all those facts and figures. Say, you sound like a daytrader in our company’s stock...spouting off about the hedging. Are you here looking for insider information? You sound way to savvy to be an oil worker. You aren’t welcomed here, you c---roach. Insider trading is illegal and you will not be getting information from a disgruntled employee. Probably looking for information on a land parcel sale. Damn c---roaches are everywhere, trying to profit over our being here griping and venting.
The stock price pop has nothing to do with the fact we laid off people. At all. Day traders are piling into undervalued energy names due to the mainstream financial press finally realizing that we're heading into a global oil supply shortage in the next few quarters. Our most recent financials are actually WORSE because of the layoffs, not better. Paying all the bonuses and severances are all charged to Q1. We'll have slightly better margins in Q2 because we aren't paying as many salaries, but it will only show up as improved margins that the traders & analysts will attribute to... drum roll please... higher oil prices on our unhedged production! If you really think the traders pay the smallest bit of attention to who was/wasn't laid off... you're lying to yourself. Plain and simple. The traders primary concern is the shape of the candlesticks, moving averages, volume trends, and short covering. Etc. Etc. Etc. I much enjoy the increased value of the shares I own, but I'm also not stupid enough to lie to myself and assume that the 92,000,000 shares of CHK that traded hands today had ANYTHING to do with "our people". C'mon. Wall St. doesn't have a rolodex of resumes for who works for this over-leveraged shale E&P that they consult before they execute trades. Stop. Smoking. Crack.
HA!
I think the S/S made the post thanking himself
Hear that s---ing sound?
Sounds like he knows the SS personally.
I personally know a bunch of people in the field (myself included that aren’t happy, can’t stand the current regime and can’t wait for the day when the SS and other managers are gone. Just hope that day doesn’t come when it’s to late.
Thank you, S/S for that breath of fresh air. You candidly call it as you see it and not afraid to call the spade for what it is...a spade. The commitment you have for this Company is to be commended. Thanks for doing your part to bring Chesapeake back from the dead. You and the rest of the management team have been dealt a very bad hand. The boys out in the field and myself are very optimistic about the future of this institution. We understand that decision had to be made, brothers and sisters had to be let go and as you have mention, the price of the stock has been increasing as a result. The current employees are here for a reason and it’s because they can produce the results needed by the company. I look forward to reading your posts in the future as you say everything that I am thinking. We need leaders that aren’t scared to voice things that need to be said. Thanks and long live CHK!!!
1ywn Perfect response. Mr S/S is exactly what's wrong with this company. Sheer arrogance!
There’s some of that fine top down leadership example of what’s wrong with this company. Guess the culture training really is a joke. If the stockholder/Supervisor reacts and behaves like that there is no reason to respect any leadership. After all sir, you are Chesapeake
To the person calling other posters “dun@ss,” I say this: quit taking the very little bit of information my post provides to offer insults. You focus on the share price when you ignore the 55,000 multiplier in shares I hold. 40 percent rise doesn’t make you happy? You millennial are all about the instant gratification. Probably up to your eyeballs in debt. You all need someone to hate, well let me be your scapegoat—but I’m gainfully employed. Maybe move along already. This board is a place to exchange information—not a place to hold a pity party. The info to exchange here is this: a lot of bad apples were let go and my portfolio is up, up, up! And you are gone, gone, gone! That makes you the “dun@ss”!!!
A good old boy!
Stock price was above $4.00 before Layoffs. Went below $3.00 after layoffs. I really don't see why anyone would celebrate $4.00 everyone has lost tons of money in the last few years. Chesapeake will never survive drilling a couple of wells a month and selling assets to make payroll. That said I do hope the stock keeps going up.
Only a dunb@ss would celebrate $4.50 stock for a publicly held company in this industry. Especially at $71.00 a barrel.
Oh the SS returns. Douche!
This is the stockholder/Supervisor. I let it be known that the stock price would’ve a report card for all the members recently released. When you were part of company, stock was $2.50. You are gone, the stock is $4.30. But continue to point fingers. We are leaner and meaner. I didn’t need a severance to enjoy the bump in my portfolio...a considerable bump might I add.
What do you call a chk stockowner who bought at the bottom?
Rich
How many 10-year Chesapeake engineers does it take to change a light bulb?
We'll let you know when we have enough to do it.