I’m hearing rumblings.
13 replies (most recent on top)
Dude, you're too funny! Nice macho act: "power through"! Are you the Tae Bo guy? Or should I say tybo? In anycase, you're clearly an incel!
Ya'll are cowards and losers. Learn to adapt or die. Keep your chin up, power through, buckle down, and quit whining. You should be ashamed.
Feeling a little nervous? You should be. What assets does Noble have left to weather the current storm? Not much. This is what happens with leadership focused on frivolities such as a vanity campus and catchy clichés like "Bettering People’s Lives" instead of business fundamentals. Oh well, it's too late now. Best enjoy the basketball court while you can.
Even though the stock has tanked nobody wants to assume Noble’s debt. There will be no buyout of Noble. It’s bankruptcy for Noble.
- yes, the boyz sure gave done an outstanding job since DS took over the reins. As the previous two posters noted there’s a long list of strategic endeavors that have definitely gone against the company. Add to that the number of outstanding people that left at their choice and the ones the company punted and it’s been a recipe for failure.
They count their $$$ as we wonder about the future and the likelihood that the company even survives this current scenario. Truly a sad period as we watch the possible destruction of a once proud company.
look at Nicaragua, Falklands, Suriname, etc. $$$$$ out and no oil found and then noble sold GOM and then paid too much for shale. Also bought foreign leases that requires $100 oil. Sell it all or split it into parts – maybe Israel and everything else and get rid of it before ds and bs amd kf ruin it all. ds and kf have been at this a long while.
$7.40. Shut in what you can and cut another layer of supervisors? How about cutting VPs and directors? Combine CEO/Pres? Combine other EVP and SVP and VP slots and get rid of extras? Cut number of "Asset Managers" and their staffs? Rein in NV group's no-expense-spared spending? Reduce/eliminate executives's worldwide ego conferences? Cut three or four BOD members? Sell the airplane and rent one with pilots as only as is necessary? Eliminate non-business use of airplane? Close nonessential offices? Hire exploration executive with a record of finding oil?
@3nbt+13RZHRKb, Are you kidding? No one's going to touch Noble regardless of price. There are too many liabilities and no upside.
Oxy hiring?
My best % cash bonus since 2014. But stock now at $9 . . . At $9 even noble should be a target. Company now worth about what DS and KF paid for Rosetta
Let see.... they received 180% of standard. They paid the employees that were left a please dont go payment.
Right after bonuses were paid too. I'm glad I was laid off in August now. I had time to find work, and the severance to not have to touch savings. How were bonuses this year btw?
Can't imagine why. Stock and the nat gas price are screaming. Oh wait, I meant crying!