Right now we are sporting our worst ever debt to equity ratio!!
Worst ever!!
Dividend had to be cut by two/thirds.
Stupidly spent $10.1 Billion on BHP’s North America assets.
We just had to become the backing finance for Hilcorp to purchase Alaska, and I would not be surprised if we also financed the INEOS, San Juan Basin and remaining Oklahoma sales.
Laying off thousands of us!!!!
Then they go off and spend $1.1 BILLION for a 50% share in a floundering offshore wind project???????????? To prove they are re-imagining us out of oil and gas and into a new age renewable energy company.
These guys know how to IMAGINE alright.
So BP Week has GOT to be more imaginary rubbish for Wall Street to NOT swallow, con artiste exercising for the EVP/SVP’s and self delusion for us employees and investors.
Oh yeah!!!
I’m riveted to my computer screen for Shark Week....oops darn auto correct....meant to type BP Week.