Thread regarding Marathon Oil Corp. layoffs

Stock price has been going down fast, layoffs and asset sales are sure to follow.

Our stock price has been heading south fast for the past six months with no end in sight. Layoffs and asset sales are sure to follow unless someone buys us and then lays us all off. Hang on it's going to get interesting soon!

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| 3271 views | | 10 replies (last July 31, 2017) | Reply
Post ID: @OP+NtJMzj3

10 replies (most recent on top)

Recall the prediction of $18 share price by end of July? It's July 31 and $12.12 at 11:13 EST. What are the expected earnings predicted by the optimists?

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Post ID: @14qrk+NtJMzj3

Now you know the meaning of the phrase "my stock is in the toilet."

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Post ID: @Gocg+NtJMzj3

Our fearless leader bet the company on $55 oil and trading production. Now Marathon slips into "the lower third" of its peers.

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Post ID: @gvom+NtJMzj3

You're really dumb if you think OPEC is at fault. They have been cutting production and sticking to it. The shale companies are totally to blame with 20+ weeks of rig adds. You probably voted for Trump too.

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Post ID: @foct+NtJMzj3

The Saudi's and OPEC are flooding the market to put us and all the other small U.S. E&P companies out of business. OPEC wants to crush the shale oil boom!

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Post ID: @dzzv+NtJMzj3

Inventories falling!? What you been smokin'?! New inventories just announced, big increase... price of oil just dropped 2 bucks!

MRO down a buck in 5 days... ouch...

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Post ID: @cufd+NtJMzj3

Inventories are falling. MRO will perk back up to ~$18 by end of July.

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Post ID: @6ffn+NtJMzj3

Bye bye MRO. Hey, hey, hey, goodbye.

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Post ID: @2mfq+NtJMzj3

We have no more assets to sell !

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Post ID: @cvz+NtJMzj3

Will keep dropping

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Post ID: @bbw+NtJMzj3

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