Dec. 10 at 5:31 PM
$VG Earl Thomas (Chief Commercial Officer) and Musser Fory (Senior VP, Development) each sold 1,000,000 shares of Class A common stock between November 18 and December 5 of 2025.
I warned you folks about this company and its management. They didn't find themselves in a lawsuit because they were honest men. They tried to IPO at a
$110 billion valuation and after today they'll be sub
$16 billion.
Their debt structure reminds me a lot of the 2012-2014 shale era. Billions and billions flooded into the hands of shale cos in the form of Senior Notes. Grow barrels no matter the cost. Ignore debt. Ignore economics. Ignore commodity cycles. Just grow barrels.
This looks the same to me. LNG explosion similar to shale explosion. Grow volume. IPO at ridiculous valuations. Executives and initial private equity offload onto the retailers and get rich. Eventually chapter 11. Executives get retention bonuses.
What's the saying? History doesn't repeat but rhymes?
Remain skeptical, folks.
