Any thoughts on how second quarter results will turn out and what announcements may be made?
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Usually there’s a reminder on the front page of the hub that the results are coming. There isn’t one this time - maybe a bad sign
“ We have made great strides but there is room for more efficiency with the business back brilliant DEI basics capital expenditure ratio. Please understand that more change is needed. Also why don’t you ever trust us” - Wael, probably.
proceeds to buy back stock with every dime of profit, not give any to employees, thinks he is successfully hiding that shell and the entire industry are shrinking permanently
if it is honest
The price of oil went down, profits went down. The leadership spent the remaining profit on share buybacks instead of a legitimate investment, the downward spiral around the bowl continues. Cost savings aka. firing will continue.
They’ll reiterate that they have no plans for major acquisitions (meaning no bp merger)
More layoffs I mean cost cutting