Thread regarding Noble Energy Inc. layoffs

Dumpster fire

Ok, let's just level with one another, fellow LayOff'ers. Noble is and has been a dumpster fire. Chuck D. was a good man, honorable and had integrity. When he left, all of that went right out the door with him. Dave tried, but he failed...being a CEO is a big boy job and sometimes people just aren't cut out for it. Dave is a case in point–no carisma and not a great leader (sorry Dave...). Fisher is about the next best option we have...and he's hand-cuffed by Dave and Brent. They brought Brent in from the wilderness in Colorado...perhaps they should have left him there. That guy doesn't have it either. And that's where the story ends...and so goes it with Noble too. The board are the real culprits here...they built the dumpster and let it catch fire. A little better oversight and executive maturity could have prevented it...but they didn't...

Let's see how long it takes for this post to be taken down... Submitted at 11:54 CDT, on 30 July, 2020....

Happy Trails, my friends!

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Post ID: @OP+16dSg2YF

7 replies (most recent on top)

Chuck and QEP facilitated the shale blunders, which no doubt enriched a great many cronies. Chuck only looked like Mr. Rogers. He's a wolf in sheep's clothing.

Shall we put the Chuck myth to rest, along with Noble Energy?

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Post ID: @4cft+16dSg2YF

Just an FYI - - - - Check Davidson was a nice man...but Chuck brought on board the execs DS, SC, KF, AJ (after AH), LR, and on and on and all the other BP/Amoco/Vastar teammates that only worked for much larger companies that ran it like a BP...when we asked why are we spending money like it will never end or do you think we should build a $139 million dollar office building or the breakthrough 2014 GOAL of stating that we were going to double in size every five years eventually became the Red Outcomes that fell apart as we moved through 2014...what a joke...and what about buying Marcellus and selling for a loss and how many billions were pumped into it, then Rosetta and the best of all CWEI which both brought on debt in addition to 4 Billion commitment for Leviathon...DEBT DEBT DEBT DEBT and mor DEBT...great forethought!

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Post ID: @3ada+16dSg2YF

Got to admit it, the chevron deal was breakthrough thinking by the executives and the Board. S—s for employees but well played hand. It’s a bittersweet exit strategy buy seasons foxes that saw the writing on the wall.

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Post ID: @vrt+16dSg2YF

If I see another propaganda video with BS or DS grinning ear to ear saying how good a deal the Chevron acquisition is, I am going to puke. Zero respect for the executive stealership team. They stole the possible future of Noble as a company and the immediate stability of most of its employees. There is no "I" in team, but there is most certainly a whole lot of me, me, me among that group. The arrogance to think they can put lipstick on a pig and sell it to the employee population as a beauty queen is a perfect example of their poor leadership skills, lack of strategic thinking, and self-preservation nature. I hope they enjoy their golden parachutes and the after taste of the kool-aid they have been serving.

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Post ID: @gcw+16dSg2YF

incompetent Dave and tin eared Brent and Ken are laughing all the way to the bank.

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Post ID: @wlx+16dSg2YF

What’s clear is there was no genuine plan on the part of leadership. It was chasing whatever the stock market wanted to see that quarter. Gas plays? YES. More average in TX? We have to buy overpriced assets!

And obviously there was never any planning or strategy for lower commodity prices. Let’s just leverage ourselves to the max and it’ll be fine! I mean look what Chesapeake is doing!

The last 10 years have been rich white fun FOMO - and only the disciplined are going to emerge.

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Post ID: @sbv+16dSg2YF

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