Down to 5 companies, exploration, development, production, downstream, and XTO, no chemicals, no URC, and no EMRE. 1/10 of the present size with half the present oil/gas assets.
3 replies (most recent on top)
Sure, get rid of the only company posting positive earnings. Makes sense to me. /s
Love it. Love that the people who are used to collecting pay checks and in return give nothing to the company have to sit and wait under anxiety to find out who will get laid off.
Just loving it.
Yes, spin off the most profitable part of the corporation. Enjoy your separation package.