Anyone in the loop/in the know and brave enough to share ?
7 replies (most recent on top)
https://seekingalpha.com/news/4402053-bp-ticks-higher-amid-takeover-speculation
Maybe we should ask Punxsutawney Phil?
We could have the cash if we lost our JG2s and their wakes
They will make a commitment to significantly reduce cost/staff further. Last year was only the start and wasn’t very ambitious. Now they will get more aggressive with it.
Merger is what I've suspected too. Something in the US to get Shell out of the UK. I think the only way a BP merger would get approved is to promise they stay in the UK. There is something going on at BP though... lots of talk about NDAs.
Growth is the topic I I think, odd it was moved up. What can we grow? Not production, probably not OFCF… hmmm maybe we can grow our cost cutting targets! Maybe grow share buy back targets! Wally can try to weave some intricate story around growing trading/LNG business gas molecule value chain that’s constantly clouded in mystery in our quarterly reports. There is the ever present growth in intensity around merger rumblings - that’s growing for sure. Growth in the distance from where we invest to where the technical work will get done, big leaps there. I guess there’s plenty of growth, depends on your perspective.
merger.
we have too few assets and not enough cash to acquire
so. merger.