the amazing Dougie has managed to find a way to do it in less than 30 days. Can't teach that kind of talent, it's a gift.
13 replies (most recent on top)
If stick around. Huge payoffs later down the road.
Read the news people. Every oil company has lost billions in value NOT just CHK! The reason CHK has fallen farther has nothing to do with the new management but the OLD - who borrowed over $11 billion to fund their lavish lifestyles and line their exiting pockets. That and only that is the reason CHK is loosing more than the other peers. - TOO DAMN MUCH DEBT ACCUMULATED BY AKM AND HIS BAND OF CROOKS! Fact not fiction!
How do these people keep a job? Makes you wonder if this is all part of the master plan.
ALL YOU F***ERS ARE GOING DOWN WITH THE SHIP WITH THE RATS.
And when this collapses too (remember2008) the CEOs will say “well everyone was doing it”. Remember the quote “when the music plays we all have to keep dancing.” from the financial crisis. These CEOs should be FIRED. That’s why they get the big bucks- to ruin their companies? But increased share price increases their bonus as well and they still get huge pensions etc.
Petunia you are 100% correct. What has happened to America?
They are ruining the country I was proud of.
The CEOs and boards that have allowed companies to pile on debt to compensate them, thru stock buybacks, should all be arrested. It is simple theft. The boards have the responsibility of safeguarding the assets of the companies and they haven’t been doing their jobs. Everybody in the C-suite has been living large from the productivity of the employees who really produce. We have the wrong people in jails.
The industry downturn is part of the problem, but the main problem is the new management and the
Backstabbing leftover CHKers. The dog has chased it's tail for the past 2.5 years. A gigantic cluster of epic proportions. Still too much management and not enough workers. And Management making changes for the sake of change and to justify the consultants outrageous fees. Anyone who has CHK experience on their résumé for the past 2 years will be hard pressed to find a comparable position in the future. To the actual workers (not the ones who spend all day in meetings and blame others for their failures), get it while you can. There will not be a big payoff for sticking around.
If those remaining at CHK are not actively searching for other jobs they are crazy.
So who's been let go lately? Just curious.....
This troll got fired and now he has nothing better to do. He should probably get out there and try to earn a double income for the next few months while his severance is still being paid out... but "Nah!... think I'll troll everyone that still works for CHK and tell them how screwed (I hope) they are."
The company has lost 80% of its value in less than 12 months. I'm aware that the energy sector in general is hurting, but there are numerous companies faring much better under the exact same circumstances. Fair or not, somebody has to take the credit for that.
So the CEO is more responsible than the overall drop in oil price? HELLO - it's a supply and demand issue. There's too much supply to meet the demand. The oil industry is a victim of their own success.
I sold at $29
you jelly?