-
Posts
532 -
Joined
-
Last visited
Content Type
Profiles
Forums
Store
Downloads
Recruiting - 2020
2019-2020 Football Season
Football
Entertainment
Sports
News and Business
Cloak Room
Transfer Portal
Recruiting
Events
Posts posted by Archer
-
-
20 hours ago, Neonmoon said:
I’ve got 15 years in O&G. I’ve enjoyed my career, but have some corporate burnout to be honest.
I’ve been in the same time and I’ve gotten close to this but the money is too good and the job too easy (office) for me to give up yet. But with all of the rolling layoffs I’ve came to peace if they draw my number and plan to transition out.
- 1
-
Just now, Chewbacca said:8 minutes ago, Archer said:I’ve invested with a company like this in apartments but it was not solicited, invitation only. You had to be an accredited investor, the minimum investment is high, and you kiss the money goodbye for 5 years. We haven’t sold any of the properties I’ve invested in but the “dividends” have been paid as presented in the financials. I may lose it all or it may double in 5 years only time will tell.
As long as you are comfortable with the developer, this is the way to do it.
This group is buying existing B/C class properties in select markets that are not in alignment with the surrounding properties. I am not sure I would invest in a new development; with existing buildings you at least have a built in revenue stream as long as you don’t run them all off.
- 1
-
I’ve invested with a company like this in apartments but it was not solicited, invitation only. You had to be an accredited investor, the minimum investment is high, and you kiss the money goodbye for 5 years. We haven’t sold any of the properties I’ve invested in but the “dividends” have been paid as presented in the financials. I may lose it all or it may double in 5 years only time will tell.
- 1
-
What’s the opinion of franchising into fast food with no food service experience?
I’ve always considered it to be a bad idea to buy into a CFA or something similar if you had never worked in the industry. I could see opening fast food in a underserved town but have never worked in the food industry.
-
8 minutes ago, Eastwood said:
God speed to those people. Hope they have transferable skills or enough saved up to hang out until the job market picks back up.
That’s the truth.
I figure if I get caught up in a lay-off anytime soon I’ll have to roll into a new profession I just don’t see many jobs out there anytime soon.
Would try to pick something up with existing degree but most likely would end up going back for a masters in mechanical or electrical and moving on.
-
2 minutes ago, Eastwood said:
Have also heard that 200 are being let go at CHK.
Was told it was all done yesterday.
-
11 hours ago, Fudge Nuggets said:
I survived a 30% culling by nothing but pure blind luck.
I survived our last round they got 20-25% of my peers in the company.
Have a contact at CHK, they were told to work from home on Friday and that they would be doing phone layoffs, 15% target.
-
40 minutes ago, Wally Fairway said:
not a bad 2 years - first hit the $1 trillion market cap on August 2, 2018
https://www.cnbc.com/2018/08/02/apple-hits-1-trillion-in-market-value.html
The first trillion is always the hardest.
- 1
- 1
- 1
-
7 hours ago, tx 3 putt said:
Anyone else wondering how many jobs never come back ?
I’m assuming if I get let go this go around that I’m gone for good. I’ll make some calls and see what I can hustle up and keep an ear open but will actively be looking at new industries.
-
-
- Popular Post
- Popular Post
-
On 6/26/2020 at 7:42 AM, Al_4_ISU said:
Kyle Nix's album is out today. It's really solid. The playing and production are stellar. He's obviously not at Felker's level as a songwriter (in my opinion almost no one is), but there are some damn good tunes in there. "Manifesto", "Sweet Delta Rose", "Blue Eyes", "Graves", and "Shelby 65" are probably my favorites. I love all the instrumental transitions as well. It's definitely put together as an album, instead of a collection of songs. Perhaps more so than any of the Turnpike albums were.
It’s on Amazon Music Unlimited if anyone subscribes. I added it this morning after seeing this post.
-
On 6/8/2020 at 6:25 AM, Okie State said:On 6/8/2020 at 6:14 AM, Nice Guy Eddie said:Im with you in that I shook my head at seeing how long term employees could be treated for really doing nothing other than (probably) having a high salary. The one criticism I have of those employees is that they must have been blind to seeing what was a strong possibility. Big Oil almost always pay well and has great retirement benefits. Employees should not squander those opportunities with a plan to catch up financially closer to 65. Be prepared to leave at 55, and you hang on past 55 that’s just a bonus.
That's what I'm doing. I told my wife we're saving all we can now because we don't know how long it will last and I don't know where else I could go and get the same benefits or better.
Absolutely this.
We are saving and investing to get some secondary income for when this ends I only need to replace 50% of my income not 100%.
-
2 hours ago, seven said:
shot her uncle (his father) 38 times with a revolver.
I like his determination and persistence, you don’t see that kind of work ethic in kids these days.
- 2
-
I knew one of the girls killed in the “Cathouse Murders”, she was a bit nerdy and awkward as a young girl. Don’t remember the last time I saw her though.
-
1 hour ago, Hate said:
They are on it while taking the picture of their setup.
This guy oilfields.
-
12 minutes ago, 52-80 said:
A gigaton of you work directly in or around oil. What's happening in your neck of the woods? Friends brothers mothers neighbors getting shit canned?
I'm seeing colleagues and acquaintances and 2nd and 3rd order networked people dropping out of employment every single day. I didnt live through the 80s market, but this is an exodus that seems a magnitude worse than '08. This time it really seems irreversible in terms of the culture of the high flying days
My LinkedIn has been a bloodbath, lots of tenured people saying they have been let go.
My wife is considering voluntarily leaving the industry to diversify our income streams. Hasn’t decided but seems to be leaning that way. Would be nice if it wasn’t the worst job market since the ‘30s.
-
1 hour ago, Fudge Nuggets said:
Earnings calls for next week:
Monday
CLR (time not supplied)
KDP amc
FFIV amc
NOV amc
OII (time not supplied)Tuesday
MMM bmo
GOOGL amc
LUV bmo
AMD amc
MRK bmo
F ???
SBUX amc
CAT bmoWednesday
ADM amc
AZZ bmo (no idea who they are, but that ticker tho)
YUM bmo
BA bmo
GE bmo
RCL bmo
CVS bmo
Thursday
FLWS bmo (more dead people, more flowers?)
AMZN amc
AAL bmo
AAPL amc
UAL amc
DNKN bmo
BZH amc
TAP bmo
WDC amc
Friday
ABBV bmo
XOM bmo
CL bmo
CLX bmo
CVX bmo
Overall pretty interesting week. I think we get a better feel for whether this last month run up is smoke and mirrors or the real thing between Wednesday and Thursday. If there is a big "sell the news" after AMZN, AAPL report or maybe we get a "meh, it's priced in" after UAL and AAL shit the bed.
I haven't read up on many earnings calls, but the few I have it seems management is not providing any guidance at all for the rest of 2020. So basically the market appears to be working off the old numbers because why not?
I took small nibbles on several on those list today so I am sure they will crash during earnings next week.
-
3 minutes ago, TonyTexas said:
Does the strategic petroleum reserve have it’s own storage?
Yes. Underground salt caverns
https://www.energy.gov/fe/services/petroleum-reserves/strategic-petroleum-reserve
-
Get an Assault Bike and crush your soul, once a week I’m doing 15 second sprints and I want to die.
-
2 hours ago, Jkwellborn said:
Nothing wrong with Sig. One of my buddies used to collect them. He shot the shit out of them. The mosquitos were picky about ammo. Was the 250 the one that had the drop issue?
That was the 320
- 1
-
2 hours ago, PenelopeWitherspoon said:
Shutting in a well temporarily can damage it, with production never getting back to the pre-shifting levels.Very dependent on the rock, I’ve seen some that will pop right back on trend and others that are permanently damaged.
Ive heard some discussion that if people don’t want to DUC wells of completing them flowing back the load to get to res conditions and then SI.
-
16 minutes ago, Dr. Beeper said:
I believe you’re a small producer. I don’t think you’d be impacted in the slightest, except the price might rise a bit. This is to avoid disorder. Struggling large companies (Marathon, EnCana) might sell whatever they can to generate enough cash flow to hang on.
I think this is much ado about nothing for the most part. Companies are gonna curtail anyway, mostly, because wellhead prices will remain so low for a multi-month period. However low they’ll be in May, I can’t see em getting much better in June. I honestly wonder when it will turn around.
Edit to conclude I don’t know how I feel about prorations - so long as they’re temporary.
I’m actually a worker bee cog in the wheel, at one point I had dreams of a small fleet of stripper wells but not sure how feasible that is anymore. I do have several good buddies that are small operators and OBO companies so I get to see their trials and tribulations.
My Pioneer anger goes back a few months before their latest proration pleas.
-
Man, fuck Pioneer. Those assholes (CEO) have done several things lately that have pissed me off. I get that they are trying to talk shit to get a stock bump but are trying to cut everyone else’s throat to do it.
Hey Oil Barons.......
in 6th Street Journal
Posted
Yup. Ride it until it dies and hope it’s taken me far enough to get by with a job slinging beer at a local brewery for a little extra money as my next play.