I find the whole story about the potential sale of Shell’s Permian holdings interesting. Some analysts believe that Conoco is a potential bidder for all or some of the assets. Any thoughts? What do you think about this?
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Hahahahaaa. I love that the HR troll showed up to downvote the posts below. Or is that you, Champ?
We are industry best at buying high and selling low. It is our Best Practice, so this makes sense. Just look at our history of write-offs.
Between that and the Oxy Permian assets, the masterminds at COP probably see it as an opportunity to be the king of the basin. After all, if it was a hot ticket yesterday, COP will chase it tomorrow!
We always pay too much and sell for too little. We are the A&D partner of choice. Look what Backside passed up for Nio. We gave up billions in net value on that mistake.