BigHornRam
Well-known member
And.....I’ve worked several deals with CHK and a couple with APA
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And.....I’ve worked several deals with CHK and a couple with APA
Obviously there is a disconnect between competency and share price… and if you duct taped the C-suit of CHK to their chairs and didn’t let them doing anything the last 10 years they would be worth like 10x what they are today.And.....
The golden parachute stories of the fired Twitter executives has been entertaining. Interesting work culture at that place. One of the fired guys is also on the board of Beyond Meat. Great pay for some average talent in the corporate world I guess.Obviously there is a disconnect between competency and share price… and if you duct taped the C-suit of CHK to their chairs and didn’t let them doing anything the last 10 years they would be worth like 10x what they are today.
Socialism will do that to yaEspecially folks in Venezuela. The country with largest oil reserves on the planet went from the richest country in South America to one of the poorest countries on the planet in a little over a generation.
Oil Companies Flee Venezuela, Leaving All Behind | OilPrice.com
In a move reminiscent of the Hugo Chavez years when Venezuela nationalized its oil industry, stripping by default many foreign oil companies of their assets, oil companies are once again preparing to abandon operations in the South American countryoilprice.com
........every timeSocialism will do that to ya
I think he said a lot of the right things about it being ‘and’ not ‘or’. Only thing i disagree with, which I’m sure you lit up on, was this admin didn’t give OPEC pricing power. The cost of production and ability to change production levels gives you pricing power. US political parties (this one or any other) relationship with OPEC has little effect on oil prices.He makes some good points. Particularly at the end of the interview.
Seems like they are back on the path they had been circa 79' what a world we would be living in now had they never departed.It has to think of itself as an energy co, not just an O&G company (again).
Agree. The trillion $ question is (and was) how much carbon is left. Your guess is much better than mine on that. Fracking changed that equation from the 70's. Now the 10 Trillion $ question is how much will we change the planet in our attempt to suck it all out of the earth before we have to give up and pay the cost for using different sources of energy.Seems like they are back on the path they had been circa 79' what a world we would be living in now had they never departed.
The golden parachute stories of the fired Twitter executives has been entertaining. Interesting work culture at that place. One of the fired guys is also on the board of Beyond Meat. Great pay for some average talent in the corporate world I guess.
Should have duct taped him to his chair for 7 more months.At one of my companies we had a VP of Sales that lasted 17 months. $850kbase, shit ton of RSUs but because he was terminated (with or without cause) prior to 24months of services he had a $4.5M cash payout plus vesting of his stock.
No luck there, apparently.Now if we can just get Powell not to say something stupid we may not jump this off the track....
Holy crapNo luck there, apparently.