All, does anyone know why the stock is up over 27% at the moment? Maybe word leaked someone is looking at buying us out? fingers crossed
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This post sure didn’t age well....
And?
$OXY stock was over 3X Friday’s closing price before VH, the liar, thief and criminal, decided to take on $CVX and get curb stomped
Just needs to go up about %100 more and i break even.
Does not matter how much oil goes up Oxy never has been, and never will be, a great company. Leadership and mgmt have proven themselves to complete failures. Oxy management has been completely missing in action for the past year, except for an occasional email blessing everyone with some kind of bad news resulting from their complete fail of an acquisition. My dog could run the company than this bunch of incompetents.
Oil
Will come
Back.
And our company will do great things.
@pro+15jRgXi2 Sound like VH. Focus entirely on COVID and not on the collosal c—up of management from Shale companies.
"Its the liberals... not my own inability to understand economics."
Whatever it takes. I am sick and tired of all this doom and gloom. I hope the price of oil goes to 100.00, and oil stocks go out the roof. The politicians telling us if we go out we will die, the rioters ruining our cities, and now the genius liberal politicians telling people we need to defund police departments. Maybe if there were not so many people running around unemployed because of the so called lockdown we would have never got here. If people had a job that might take them off the streets, and keep them from burning down everything. Think about this folks. There were 80,000 deaths from the flu in 2017-2018 flu season. As it stands today there are around 110,000 deaths in the USA from Covid. Our world did not stop back then, and it should of not stop to this extreme now. Only thing good about this whole thing is that we found out people can work from home and do a good job. God Bless those families that were directly affected by the terrible virus, but the rest of us need to practice being safe out there, and us good common sense, but get out there and drive the economy.
As the economy gets better, virus fears dissipate, and OPEC continues to behave, Oxy will benefit. I'm cautiously optimistic in these thing happening, which makes me I'm glad for all my friends and co-workers still with the company.
Stock performed disproportionately worse relative to oil peers since the APC announcement so this is part of the dead cat bounce - but Oxy will never make up the huge ground it has lost versus the peer group. No matter what she says or does going forward, massive value destruction will be Vicki’s legacy - her real impact is that she lowered the future standard of living for thousands of employees and shareholders, and it has sadly broken some of them.
No the potential OPEC deal.
speculating buyout
@fes+15jRgXi2 Nah, it is still stupid.
Long before COVID, Oxy's stock price tanked as the deal was grossly overvalued.
The APC acquisition gets 10% less stupid with each dollar increase in oil price. If we hit $50, Vicki will being doing the dougie on the next Q&A sesh.
It’s the whole market breh