IMHO, you're skating on very thin ice, selling a commodity near its historic lows.
A pendulum swings both ways...
You're absolutely correct that negative equity (assets - liabilities) is a serious issue. Few seem to understand this basic concept.
KWK's asset values are, however, highly sensitive to commodity prices--and which are depressed from historical norms.
What do you suppose are the odds that creditors/bond holders will provide KWK with time for commodity recovery (ie, preserve current equity, perhaps a dilution at worst), and which will change KWK's financials completely?
I absolutely agree. Rather than enhancing, I find that these social media actually has reduced the quality of relationships. It's much easier to tap out a few keystrokes on a device than it is to actually pick up a phone for a deep conversation or an in person visit. Social skills are deteriorating.
Too, why the heck would I (or anyone else) want to connect to complete strangers?
I have an old LinkedIn account which I created to keep in touch with old classmates and friends--it's served me well for this purpose.
Otherwise, it's useless as a professional networking and recruiting tool for very simple reasons--my observations and experience indicates that the quality of most folks network is just about useless.
I get requests to link in all the time---sometimes from complete strangers or folks I barely know. My network is small, but when I see folks with 500+++ contacts, it's a near certainty that this person doesn't know the vast majority of his network.
So, how will this help me if I were networking or if I were a hiring manager?
Too, LinkedIn's incessant efforts, its barrage of emails, to get me to connect to strangers---I'm quite fed up.
I'm afraid LinkedIn is operating a broken business plan---fundamentally, it offers very little value to its participants other than bragging rights.
Disclosure: I have no financial interest in LNKD
Current distribution yields are: LINE, ~9.0% and MEMP, ~12.3%
Anyone care to speculate (intelligently) why MEMP is priced with higher yield when it's got a far better hedge book?
LinkedIn is useless precisely because the connections/relationships are superficial.
We've all gone to meetings/conferences, and the first order of the day is to furiously collect business cards. By the time you return to your office, there's a pile of invites from these strangers who you just met and probably no longer remember.
Unfortunately, e-technology has made relationships so superficial.
Interesting concept, but useless because it's abused and non-selective--it's all about quantity and not quality.
Example: I go to a meeting/conference, and immediately get mobbed for my business card. No one takes the time to talk to me in depth or to get to know me, folks just want my contact info. By the time I return to my office, there's a pile of invites in my email inbox from these same folks that I met just a while ago asking me to connect.
LinkedIn is broken business.
Has anyone else noted that LINE significantly increased production year-over-year even with ~$1BB in reductions to its 2015 capex budget?
Too, management continues cost cutting, leading to lower operating cost structure.
Pretty good report, imo.
I agree that cooki makes distinctions that don't make a difference.
T is very likely to do very well in Latin/Central America---it's got the operational and technical expertise, and the financial power to become a major force in these growth markets.
The greatest risk for T is to remain rooted in the US amid competitive pressures in a mature market.
Obama/USG was the ONLY entity around at that time (height of the global financial crisis in 2009} to bail out GM.
There was not a single private sector entity anywhere in the world with either the resources or the will to get involved--wild eye fear was pervasive, everyone was in lockdown mode.
Your ignorance, compounded by prejudice, is profound. Shared by quite a few here.
GM's Chap 11 occurred in 2009 at the height of the global financial crisis.
The USG was the ONLY entity anywhere in the world with the resources to finance GM's reorganization. Everyone else was frozen with fear and distrust--e.g, major financial institutions didn't trust each other (viability) to lend money, even overnight
A normal Chp 11 requires normal times---the world financial system was not normal in those years.
"Them saying it is a priority does not mean they can do so. Them saying it is a priority does not mean they can do so."
Indeed, and you have more credibility than management?
Sorry if I don't take you seriously, cooki.
You never did answer--what do you do for a living?