When assets are well developed and planned for the full life cycle, they generate significant cash flow with minimal effort and minimal capital investment. The risk should be low as the uncertainties are few and well understood. Why are they bad for COP but great for others such as Hilcorp?
4 replies (most recent on top)
When assets reach maturity they begin to become less and less profitable with more and more liability.
Stock buyback money doesn't grow on trees.
Why not? Do a deal. Do any deal. Collect your special compensation. Doesn’t need to be a good deal. Just do a deal. Go team.