Thread regarding Noble Energy Inc. layoffs

Annual reminder the old C suite & BOD were wrong!

Sc--w them for dismantling what was a great company and selling the bottom for pennies. Gutless value destructors. Billions left on the table since the bottom of ‘20. Selfish cowards!

by
| 1101 views | | 5 replies (last December 8, 2024) | Reply
Post ID: @OP+1tgUxi6d

5 replies (most recent on top)

The exec's were happy to sell at the bottom because they were given golden parachutes for selling out the company. I mean, they realized they were not going to receive any large bonuses just operating the company as usual, because the oil price drop was hurting profitability. So why not sell out and collect a big paycheck. It is difficult for the average person to believe that a CEO could sell out their company in order to make more money, but this is an ugly characteristic of capitalism. Sad, but true.

by
| | Reply
Post ID: @2Coyo+1tgUxi6d

Amazing that they recruited these top execs from BP. BP was a management disaster .

by
| | Reply
Post ID: @negx+1tgUxi6d

You could depend on these mo--ns to do the wrong thing on everything! Sold at the bottom like complete id--ts.

by
| | Reply
Post ID: @ctss+1tgUxi6d

I’m glad to see that Noble Energy and Samedan have not been not forgotten. They were great companies who shouldn’t have their legacy lost because of a few dismal senior leaders and Board members.

by
| | Reply
Post ID: @3eai+1tgUxi6d

Over and over again they paid too much for acquisitions.
The empty buildings on SH 249 stand as a tribute to the C’s and the board of directors. They couldn’t even get that right!

by
| | Reply
Post ID: @cts+1tgUxi6d

Post a reply

: