Thread regarding Occidental Petroleum Corp. layoffs

Megathread - Coronavirus / Occidental Petroleum

How do you see things - what will happen next?

by
| 2551 views | | 3 replies (last March 5, 2020) | Reply
Post ID: @OP+13NaRzqN

3 replies (most recent on top)

This virus which is driving WTI / Brent down is no more than one more example how Oxy is very incompetently run by the EC. as revenue and earnings drop and there’s not enough cash to pay dividends the stock will tank. Watch stock post March 9 when new share purchases are out of the dividend. No contingency planning whatsoever.... they will sell the land grant they say. Sure. Muscle will be cut next as they haven’t reduced the $52B Debt load.

by
| | Reply
Post ID: @2rph+13NaRzqN

Now that’s funny, and good advice for all on 31!

by
| | Reply
Post ID: @2vul+13NaRzqN

Keep your tin foil hat on tight and your Hawaiian shirt pressed

by
| | Reply
Post ID: @1zel+13NaRzqN

Post a reply

: