Perhaps a more diverse investment mix of conventional and unconventional would mitigate the downtrend in oil prices? Just a radical thought.
Clearly, based on today’s news, our dear leader’s remarks on the call and the markets negative reaction to both (down 7%!!), I’m sensing (again) Mr. Market does not like our current leader’s strategy. When will the Board demand a change? Ho-hum and subpar for a very, very long time.
Can’t even say those other names in the same breath. We are now a laughing stock...pardon the pun. While those companies have top tier portfolios with true leaders we have the same old happy hour HR clowns smiling on LinkedIn posts
The board is full of failed former CEO’s and retirees. They’re desperate to keep getting the crumbs Lee gives out, so no one rocks the boat as MRO beards towards penny stock land. Compare our stock to DVN, EOG,ConocoPhillips etc., MRO has lost the most since 2019.
No. What is embarrassing is the share price.
Agree. The purposeful over exposure of some of this stuff on social media is ridiculous. Compared to the business relevant content our competitors are posting it is embarrassing. I guess it’s a good distraction. But, so is a circus.
If they do some more LinkedIn and Instagram diversity posts profits will skyrocket!
Lee needs to go NOW!!!
You peasants don't understand how important it is to buyback stock and then present the amount bought back at a higher share price quarter after quarter and year after year!
Even BP changed its CEO. A change at the top is so very desperately needed. Why can’t the BOD listen to Wall Street’s very clear vote of no confidence in current management. Token changes in various areas of responsibility won’t do it. For goodness sake please change the CEO.
Leadership should lead by example and return 25% of their bonus as unearned and undeserved income. They should also adopt the Japanese business leaders practise of resigning in shame and dishonour. -They know who they are these failures.
I want to hear more about the Execs favorite concert experiences
I think the problem is we're just not paying Lee enough.
Now, everyone knows that people aren't motivated by money, but that only applies to regular employees in the context of annual raises. If the board would give him a modest 25% raise, I think we could expect to see a dramatic increase in performance.
Have you ever seen such rookie on display as a CEO. He reads straight from the script like a news anchor. Has no idea
I agree. Time for change at the top clear out the destroyers of value. Radical change required to restore share price.