There are a lot of murmurs at the C suite about direction of oil & gas and specifically Oxy’s place in that space. Its evident that the Anadarko purchase poorly positioned OXY as a specialist player (Top onshore, EOR and ME partner of choice) and significant energies, focus, and capital deployed to run and maintain the GoA offshore assets. Predicting that once oil stabilizes at $60 ish a barrel some company altering transformations are about to take place…
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@y0 the definition of success and learning is changing someone’s behavior and perspective. Good deal proactively and unnecessarily installing sound proofing.
And, change is coming to Oxy…no matter how many defensive elbows up or some catchy corporate speak word salad…CVX needs reserves
@y0 Kinda funny, yes, but a bit too long.
To ensure that there are no additional murmurs, rumors or voices coming from the C-Suite, the walls at Greenway will be soundproofed over the 4th of July Holiday weekend.
Rest assured that everything is just fine at Occidental and we reaffirm Ms Hollub's November 2019 statement:
“With greater scale, an unwavering focus on driving profitable growth, and our commitment to growing our dividend, we are creating a unique platform to drive meaningful shareholder value.”
So, pay no attention to any murmurs, rumors or voices to the contrary.
The Management
What's the future?... Looks like the stock knows. Heading back to the mid 40's. Nothing you can do will move the needle. Your future is to make the debt manageable, unload the waste and buckle up to be acquired.
@qx thanks for such a wise comment. Never have so few words demonstrated so much about someone.
@c8 Maybe he/she likely hears voices. That’s the murmur I heard through my thin walls.
@OP Who’s predicting? You or the C Suite? Also, I don’t think it’s earth shattering news that a new CEO will be talking about the direction of the company, do you? Like others have said here, I think perhaps you’re just making stuff up.
This just proves the point. Don’t drink and text. Show this to your kids.
@c8 Is it because he posted something here that you think he "likely" heard it, or are you suggesting it doesn't matter if he actually heard it or is just making stuff up, because the "true or otherwise" question is not a part of the premise of this forum? Is asking why someone should be believed off limits here, because of the premise of this forum? Do you ever answer a question someone asks without providing a PP presentation?
Last, I think we all know that you and @c9 are actually OP. I can't prove it, but the premise of this forum suggests I don't have to.
Greenway walls are thinner than you think
He/she likely hears said murmurs.
True or otherwise. That's the actual premise of this forum.
If you're looking for a PowerPoint presentation to support every comment, you should probably move on or wait for the official press release.
How do you know about any murmurs at the C suite?