Thread regarding ConocoPhillips layoffs

Is a buyout in our future?

We're pretty lean now and we have good acreage.

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| 1943 views | | 4 replies (last May 10, 2017) | Reply
Post ID: @OP+Nct2THL

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Seems more likely that the asset sales continue, instead of an outright share purchase kind of takeover.

In order:

CA leftovers: 5B

APLNG: 5B

Aus West: 2B

Jakarta: 2B

China: 1B

North Sea: 10B

Alaska: 20B

L48 leftovers: 25B

That should add up to around 70B, which would be about a 20% premium on today's market cap. So yeah, probably time to get your personal finances ready.

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Post ID: @1ppw+Nct2THL

Not lean enough! Very few of the office staff will be required if taken over! If you are working after these latest sales, you best reduce your personal debt!

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Post ID: @bjn+Nct2THL

exxon wants eagleford that's the plan.

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Post ID: @qbg+Nct2THL

What is cop enterprise value

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Post ID: @dso+Nct2THL

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