Rumors circulating all around, new name before end of year, some say by October. Conoco-Phillips? Denbury likes to hire ex CP hands. Exxon- Mobil ? They are CO2 experts. Maybe if we are good little boys and girls, Santa might bring the gift that keeps on giving GR-TPG. Older employees would love to see Grath and Mark back in control with the backing of TPG.
Wishful thinking?
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It should be! We are an oil company this time not a place where the right hand does not know what the left hand is doing.
DNM = Debt No More
This wouldn’t have happened with GR.
New ticker: PDR = Please Do Resuscitate
A new name should fix it!
Zero chance we are bought out for at least a couple yrs. Bondholders want their 2 billion back so until prices come back they won’t sell.
TPG has been trending towards ESG investments, probably wouldn't touch an O&G company at this point even though we are "green".
That's Gareth, sorry