Thread regarding Marathon Oil Corp. layoffs

Truth hurts, but it's necessary

Here’s the honest truth and it’s going to hurt. EF might have another 3-5 years before the decline curves are so steep we can’t hype it any longer. ORB has been finished for a long time. We have tried to unload many times and no buyer is willing to bite due to the pure c-ap that asset is. Permian is not really Permian. Our position out there is total c-ap that we way over paid for. That leaves us with Bakken and EG. those are the only two assets in the company that can actually make us money going forward.

Originally posted by @1nby+18oXv6Ph.

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| 2082 views | | 1 reply (December 18, 2020) | Reply
Post ID: @OP+18tLZuA1

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I thought EG was sold....

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