Will a purchase make sense? Chevron is seeing some issues in the Permian basin. This purchase would uplift production quickly and reduce the need for drilling.
5 replies (most recent on top)
This is the new business model. Exploration isn't required.
Poster went and asked this on Exxon board also 😂
Seems like we have gone from being an oil and gas company that actually finds oil, to just a Corporate raider. We can't be bothered finding our own anymore, so we just buy another company.
breaking news : cvx - together with a spac-blackrock combo, is being xom
hurry and get in while you can
For fu-k's sake! Can we just let the dust settles with this most recent bullsh-t before thinking about buying someone else! And give us an extra damn raise for getting through it. Thr je-ks!