Thread regarding Occidental Petroleum Corp. layoffs

Crownrock Timing Looks Terrible Right Now

We are strapped with debt and oil price is only going to keep dropping.

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| 1161 views | | 8 replies (last June 5, 2025) | Reply
Post ID: @OP+1jwhf18ha

8 replies (most recent on top)

For the Crownrock deal did they bring Oscar back. It sounds like the old crew was involved. This company just fell apart when the shale production arrived. The shale was just too seductive like a potential lover who appears out of thin air whispering….come with me, trust me. You will never regret it.

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Post ID: @11e+1jwhf18ha

@c7+1jwhf18ha: can you wait 5 years to take pay check?

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Post ID: @p4+1jwhf18ha

Let’s keep building more of those DAC units. They are great money makers. Aren’t they?

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Post ID: @fp+1jwhf18ha

Wait like APC?... That didn't end well.

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Post ID: @ep+1jwhf18ha

OPEC just announced another 400k barrels about an hour ago bringing total additional supply up to $1.2MM. Oil is heading to $30 and we were d-mb enough to buy more assets with a credit card.

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Post ID: @ee+1jwhf18ha

Like Anadarko we just gotta wait this out. Maybe only 5 or so years. You’ll see.

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Post ID: @c7+1jwhf18ha

Well, VH fancies herself as a wheeler-dealer that can make things happen. You know, get on a plane, fly to Omaha and . . . .

To quote Michael Lewis from his book "Liar's Poker" (1989):

“. . . everyone wanted to be a Big Swinging Di-k, even the women. Big Swinging Di-kettes.”

VH is out of her league, by miles - many, many, miles.

Two swing-and-a-miss plate appearances doesn't bode well. But, perhaps, the third time is a charm, as they say.

Exxon and Chevron seem ripe for the picking and I'm sure VH can work her magic.

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Post ID: @b8+1jwhf18ha

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