Chesapeake Energy Corp. Layoffs

Topics regarding layoffs at Chesapeake Energy Corp.

Oil Production

Can anyone tell me if Chesapeake has hit 145,000 bpd in 3rd quarter, and if not do you know the average bpd in the last 53 days ?

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Post ID: @10FjSQXp

deal

any deal in the works? rumors?

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Post ID: @10DBjGNU

Use common sense for layoffs

Hope they dont layoff the workers that you can count on to get the job done. The ones that dont need to be told what to do and already know what needs to be done. But they will keep the ones that just do what is necessary and nothing more. The ones... —  read more 

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Post ID: @10CvzjBh

Activist Investor Needed

Please oust DL and ND. And replace the entire BOD. Then fire half the employees, sell some assets and pay down debt.

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Post ID: @10AUhMZg

Stock Purchases

I am not an employee, but was wondering if someone would comment. What's the sentiment in the office , with reference to the stock price ? Is the rank and file loading up on Chesapeake's stock at these prices ? I have noticed that none of the BOD... —  read more 

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Post ID: @10znYUmM

And The Bloodbath Continues...

Just can't understand how the "cream of the crop" employees who remain can't seem to pump up that stock price. Weird.

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Post ID: @10xWqiQ6

Email extensions

What is the typical email extension to contact someone at CHK? In particular DL and ND.

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Post ID: @10w5FjZk

Chesapeake Energy Is In Trouble

Things are rapidly deteriorating at the Oklahoma City based producer. Rising debt, bad pricing, and negative free cash flow projected for this year is hurting the business materially. Something big has to change in order for Chesapeake to survive... —  read more 

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| 1046 views | |
Post ID: @10sEsxl3

Still Standing...

by my prediction on 6 June 2019 that "CHK Stock Will "Break The Buck...by year's end" https://www.thelayoff.com/t/ZpaRUDW Today's stock price represents a 30% drop in just two months. Another 30% drop and it's penny stock time, baby! (Looks... —  read more 

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Post ID: @10qo92qW

OKC Companies

Can people provide suggestions of companies in OKC that are actually hiring? Where should we look? Devon, Chaparral & SandRidge are out. Where else should we check?

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Post ID: @10qST9Z0

Ideal CHK organization from the front line

CEO COO Managers having 0-12 people reporting to each manager in departments that actually have real work to do Notice this would require the firing of all executive VP’s, VP’s and directors. This would free up so much time for the workers on the... —  read more 

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Post ID: @10qt9YIK

Staffing Exercise (Upcoming Lay-off)

According to HR friend they are targeting the next lay off for late September (9/24 is a Tuesday). Managers are supposed to complete the staff evaluation exercise process by the end of August. May want to start jockeying for position if you want to... —  read more 

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Post ID: @10qhLso8

2 OPS MGR’s

Scratching my head as to why we have 2 ops mgrs in the Eagle Ford. Maybe this area is managed different than ours, if we need to trim some fat this may be a starting point.

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Post ID: @10qRLnkO

KARMA

Karma coming to an EC office near you soon. Long overdue.

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Post ID: @10pBB9Gv

The light at the end of the tunnel is a... TRAIN!

It's been dark day at Chesapeake people are dropping like flies. DL has been leading us through capital discipline, pointing at an ever distant light saying "free cash flow in just two more years". But then in the earnings call you hear the rest of... —  read more 

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| 1140 views | |
Post ID: @10plU4MJ

JFC

Time for Doug to go, what a joke this company has become under his “leadership”. There is no turnaround, just executives making a k–ling while the employees and stockholders are left in the dark. It’s fine. Everything is fine. I’m fine.

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Post ID: @10p4i3cw

Going Down

Stock is currently down over 11% to $1.38. Can you feel it?

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| 691 views | |
Post ID: @10pB1vAi

RESIGN NOW

The market has lost all faith. Time to move on. We can’t stand to lose more equity.

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Post ID: @10p94iM7

When will the money run out?

I will be very concerned if we cash flow negative but building up a cash reserve. For years we have been holding on to only $5M in cash (I think we spend that everyday on toilet paper in OKC). If we have $200M+ that's trouble, no reason to pay... —  read more 

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Post ID: @10lhIVXM

Whiting and Concho down 30-40% today

Whiting cut 1/3 of work force mostly high cost people. Independents continue to drill uneconomic wells contributing to the excess supply situation estimated to be 1 million bbls/d in 12 months. Hope CHK can make the necessary adjustments.

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| 567 views | |
Post ID: @10k8jBRD

Chesapeake Energy: The Worst Is Still Coming

Natural gas markets continue to melt down, and many market players are now calling for $1.50 gas. Despite improving net cash provided by operations and increasing oil mix, thanks to the acquisition of WildHorse Resource Development, the financial... —  read more 

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| 1911 views | |
Post ID: @10jW2dGd

F’d

Can it get worse? Guess what’s coming next?

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Post ID: @10ima8iA

2nd Quarter Earnings

Have we got an employee who will speak out ? What is the consensus in the office as to whether there will be a profit or loss for second quarter? Lets have some guesses.

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Post ID: @10eRozD2

Drilling VP

The question is who will the new drilling VP be?

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Post ID: @10cq9x2i

Congrats, RDL

You have successfully jack-hammered this company straight into the dirt. CHK was a ~$10B company when you took over as CEO. For the largest shareholders to be calling for AKM's head then, and not yours now, makes me wonder: how much are you getting... —  read more 

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Post ID: @10ay9Ziq

It’s official

Many of you at Chesapeake are about to receive pink slips.

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Post ID: @107lOR6G

20-year low

Kinder Morgan’s stock falls after earnings, Chesapeake Energy’sh–s 20-year low Published: July 18, 2019 3:24 p.m. ET Aubrey?? Yeah, right.

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Post ID: @106jQyGc

What Happened?

Every time there's a layoff, the remaining employees, in a fit of rock-throwing hubris, claim that those who were fired deserved it, and those who remain are the "cream of the crop" and can now get down to business. Well, at $1.58 per share, it now... —  read more 

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Post ID: @106WY4XK

Approaching the 6 month anniversary

The six month anniversary of the largest public shaming that CHK has ever seen is rapidly approaching. I wonder if the HSER leader had that brought up on her mid year review. I can promise you that we have not forgotten. This department has been on a... —  read more 

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Post ID: @106MQ6QE

Earnings

A press release stating that earnings will be released on July 31 will come soon but word has it they will be released earlier to burn the shorts. Also there will be a small asset sale announcement and another partnership (for gas).

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Post ID: @104gSOG0

Best Companies To Work For

https://money.cnn.com/magazines/fortune/best-companies/2014/list/?iid=BC14_sp_full https://money.cnn.com/magazines/fortune/best-companies/2013/list/?iid=bc_sp_full https://money.cnn.com/magazines/fortune/best-companies/2012/full_list/... —  read more 

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| 1101 views | |
Post ID: @ZZ2tkSx

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