Thread regarding Marathon Oil Corp. layoffs

Earnings Release - Another huge loss

So, we strengthen the balance sheet with the sale of Wyoming and then blow through the cash from the sale purchasing SCOOP acreage (w/ only 50 producing wells), all with WTI heading south to $39 again. Plus EF wells are declining steeply. Not sure our "strategy" will reap dividends any time soon. No (stock) pun intended. Spin away those results.

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| 2141 views | | 4 replies (last August 14, 2016) | Reply
Post ID: @OP+IISKKhy

4 replies (most recent on top)

Mike T can't stay away. Not much to do!

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Post ID: @aesa+IISKKhy

Man does life as an independent oil company s---! Perhaps we should sell SI7 Consultanting services? Exxon might throw MRO a fat check for our techniques, we could even capitolize on the posters and trinkets by selling them to there genetic origin.

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Post ID: @1dwk+IISKKhy

I was about to say the same thing ! Get your facts before galloping away ....

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Post ID: @dnc+IISKKhy

At least get the resource right...PR is STACK, not SCOOP. Now continue on with your refreshing pessimism please., it's entertaining.

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Post ID: @dpy+IISKKhy

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