What will it be: Reduce CAPEX? Cut Dividend? Sell More Assets? Step Up Layoffs? All of the above? None of the above? What will it be.
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Find your way to a life boat, or hang on to be part of a salvage operation. The storm is gaining momentum so if you are still on the ship look at journey management because they will not let people go.
Buyback only works when you have cash flow...First layoff several thousand and then use those savings to buyback stock. COP needs to get down to 5,000 headcount
Buyback shares to keep the lights on. If you are the last to leave, please turn off the lights.