Thread regarding Chesapeake Energy Corp. layoffs

Not using resources we have

You do know that electric companies use natural gas powered engines/turbines to generate electricity, right? And gas lift is far superior and more economical than pumping units in the long run. Chesapeake OWNS a boatload of compression, but yet continues to piss away money on pumping units that they have to BUY. Dumb. Also, the transportation of natural gas has never been bigger. The STACK is literally being covered with plants and booster stations at this moment, just trying to keep up with the demand. If CHK can't make money with all the assest that they have at their disposal, they deserve to fail. It will eventually all be auctioned off a penny on the pound. By then, it may be enough to pay for another logo change or maybe a VP luncheon.

Perfectly put, @Oqnffjc-Agfn. We have all we need to improve our bottom line significantly, and yet, we are not using any of it. I can't figure out what their thinking is on this...

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