Man, if I was an ex-Noble employee at Marathon, I would be kicking myself. No doubt a Chevron takeover of MRO would be a welcome relief. But MRO has been found wanting and now Noble employees will either become part of a well managed Chevron team or take advantage of their change in control. Sure, no one wants to go through a merger but longtime MRO employees have been wishing for one for years and guess what? Tillman has run it into the ground that no one wants it now. The race car lost all its wheels and engine long ago. Vision 2020 indeed.
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We had cake in the breakroom when he was transferred out of the Permian. No one liked working with him.
The Noble people at MRO I work with are worthless. The new Gas Manager is very arrogant.
MRO has a good 7mo of operating costs in the bank. Not too worried about M&A.
Well I guess it’s chevrons loss they couldn’t land the noble fraternity of overconfident know nothing’s
Be lucky if they make an offer of $15 an hour for most those folks.
That's why the best possible outcome for MRO is to merge and not be acquired. That is if the BOD has the company's interest in mind and not their own. Who knows maybe someone will make us a stupid high offer of $15+ per share.
My first thought regarding the Chevron acquisition was that MRO will pick up some more Noble rejects through the good ol’ boy network..
So true - there really is nothing worth buying and any decent company would get rid of everyone there. The people left there are overpaid narcissists, so they all have an interest in just keeping things taped together as long as they can so they can keep getting paid what NO one else would pay them.
As much as I hope someone would buy us there is no point. MRO has nothing worth buying not even good Houston real estate. A potential buyer has nothing to gain with this place.
The Tillman/Wagner decision to sell off the international and GOM assets to fund second or third tier domestic shale assets (Payrock, BC) sealed our fate as far as acquisition by a better run competitor. Which may have been the point, if you think about it. If MRO sold there is no way the execs could obtain similar positions at another company right now. Tillman is too young to let his gravy train come to an end.
We could only hope chevron would buy marathon as well. At this point, would anyone want marathon?
Without the ex Noble people Marathon most likely wouldn’t have lasted this long. MROs are the biggest whiners I’ve ever seen. Most of you should be thankful there’s a company desperate enough to need you.
Or maybe they realized Noble fobbed off it’s losers and jackssses at MRO and the remaining org was solid and improved as a result?
Chevron read your posts and figured that if MRO hired employees like you it would be better to go after Noble than to bring in your toxic mindset to that great company.
A lot should’ve stayed at Noble rather than bring the cess pool here. Just saying...
We stink so bad we can’t even be bought out. Shows you with our low debt levels our assets still stink. I blame it on the current VP of land who was in charge of BD when we bought these poor positions. How does she still have a job? The Aggie connection is the only plausible explanation.
To be fair, we also regret their decision to come over. Rats fleeing a sinking ship. We let one in and he brought all his plagued infested pals. I doubt many Noblers will actually get to work for Chevron.