Thread regarding Noble Energy Inc. layoffs

All is good.... It could have been OXY...

Cheers!

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Post ID: @OP+162Q6QuR

7 replies (most recent on top)

DS and company made their $$. It’s really all they cared about. Shareholders be dammed!

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Post ID: @1upv+162Q6QuR

Noble stockholders got screwed. Only a 7.5 % premium. And Chevron made out very well. The 15 tcf or so of dry gas in Israel and Cyprus (net to Noble) alone would justify a higher price.

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Post ID: @1ngp+162Q6QuR

"....got it so cheap they couldn’t say no."

Chevron's going to regret that and soon.

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Post ID: @1iry+162Q6QuR

Noble was definitely “fire sale”. Lots of analysts out there saying NBL stockholders got jobbed.

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Post ID: @khj+162Q6QuR

yes Oxy is stupid enough, don't underestimate their incompetence. Rich Uncle Warren wouldnt loan them the money this time

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Post ID: @fdc+162Q6QuR

OXY wouldn’t be stupid enough to buy Noble. I don’t know what Chevron is thinking. Except that basically Noble was a fire sale.... got it so cheap they couldn’t say no.

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Post ID: @rxj+162Q6QuR

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