Do we have a coherent strategy? We are hoping for higher prices to support it. We cannot run 5 rigs next year without adding to debt. So, we will be flat by the end of the year or worse. This will make our challenge and throughout contracts more of a... — read more
Debt is looming
My BIG concern $4.4 billiin debt and repeated discussion by SWN reps hope (and pray) can renegotiate term loan due in full in 2020 but footnote in SEC filings says may come due in 2019. Secured by Fayetteville and probably Moorefield which has... — read more
SWN's story
This is making its rounds in the Spring office. SWN disguised as Pfizer. Everything else is eerily accurate. https://www.google.com/amp/amp.timeinc.net/fortune/2011/07/28/inside-pfizers-palace-coup/%3fsource=dam
Layoffs, September???
Any thoughts?
BHP BILLITON FAYETTEVILLE SALE
Has anyone heard updates since April or May when they hired Barclays to assist in sale. "The Fayetteville assets, which BHP acquired for $4.75 billion in 2011, had a book value of $919 million at the end of 2016, according to the company's annual... — read more
This week?
How many execs decide to retire this week or next. The Board is meeting this week I think.
Energy Transfer Partners LP Pipeline Problems Are Getting Worse
How does this impact SWN in Marcellus-Utica?
Keep the "YES" men close
In this company the "YES" men around Way will help lead the company right into the ground, as long as everyone is kissing Way's a#! and stroking his ego that's all that he cares about. As far as the layoffs, that are coming, I would start looking... — read more
SWN 2017/2018 spending
Has anyone heard when SWN is releasing their spending plan for 2018? Last year it seemed like it was during July.
SWN's Human Resources function
I'd like to request feedback from anyone who wants to chime in regarding the HR function at SWN. Our thoughts is that it is dysfunctional and always has been. What will it take for upper management to clean up this company ?
Interesting article on HR departments...
...mentions power crazy HR people, getting rid of older workers, and the drawbacks of open space office concepts, among other things... — read more