They are the ones who bought some Marathon Oil ( not Marathon Petroleum--yet? ) last year. Now look into the cutbacks and restructuring. What properties are they selling off? Try to see what they are projecting then give your own future guess.
5 replies (most recent on top)
sometimes bits and pieces can be gleaned from other companies to help predict good possibilities for your own future career planning even if the 2 corporations are not exactly the same. little tidbits matter compared to having nothing.
Can you really say they are similar? Mpc is a refiner with a stake in Mplx. With a toe in Renewables.
Bp has Refining, Pipeline, Exploration, and they went in Big with Renewables. Solar and wind mostly which hasn't panned out for them.
I think we will be Leaning out soon. Still have lots of fat.
Sleepers.....example- who among you knows the profit loss percent at BP today 4/29/25 and cause for the drop? BP is in the same business mostly as MP.
a little research goes a long way, but most workers are asleep.
War possibilities cause excitement and merging buyouts for oil and gas businesses. But the merger most always trims away facilities and people. ConocoPhillips lays out how this works. But few folks ever use this free road map and are surprised by their own job loss.