Shell is up first blowing estimates out of the water with $6 billion earnings, more buybacks, free cashflow of $31B, etc all on lower crude prices. Shares surged. Outstanding.
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That’s 10-15 thousand employees!
Don’t sleep on the $2-3B, do the math. That’s a lot of employees.
where do you think the 2-3 Billion is coming fro
CVX beat expectations! Production is up. No mention of layoffs, just cost savings from ENGINE and asset sales. Phew! We are safe for now.
What yahoo article?
EB... tomorrow she will struggle...
If you don’t understand the connection between competitive performance, earnings and layoffs- you’re in for quite the surprise!
@kpb, yes, and that's important because...,
Oh BTW, here's the box for your personal items. don't take any office supplies. Buh bye.
I’m sorry sir, this is a Wendy’s
You can’t work out that CVx compares results to competitors furiously? Pull up to the window.
@yyv, Sure thing lil fella. I'll check the Shell site for CVX info. my bad. And yes, I'll take fries with that, junior.
Why do you think Chevron planted that yahoo article? Damage control. Buckle fam - tomorrow it gets real
If you can’t see the connection between earnings and layoffs, you may be better off at the Wendy’s window, mate.
Discussions on shell’s upcoming layoffs and outsourcing. Said something like: ‘it’s a mindset change for our workers to focus on new ways of working’ The positive spin on taking from the people and lining the pockets of the rich and powerful is worn thin. I’m sure Shell employees are really excited about the synergies coming up.
Layoff related? We'll wait.....
BP, perennial underperformer, had their worst quarter in several years, but managed to best analyst estimates handily. Shares slumped 4%.
Conoco beat estimates for a great quarter with earnings over $2 billion, production up and the stock surged 3%. Amazing.