Thread regarding Chesapeake Energy Corp. layoffs

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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Post ID: @OP+10k8jBRD

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First Responders would call today's CHK stock price action a "death rattle"

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Post ID: @4pnx+10k8jBRD

"Hope CHK can make the necessary adjustments."

LMFAO...that's RICH!! Where have you been for the last 5+ years?!?

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Post ID: @4gyp+10k8jBRD

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