Earth to supervisors, managers, execs. The company is in a nose dive. Attrition levels exceeding expectations.. uh oh! What’s the plan? Just hoping things improve? Hoping employee unrest naturally settles out?
Seriously, what to do? Because I’m not seeing any indication as to how the company pulls itself out of this sh!t storm tail spin. Seems all that’s in consideration is to keep the dividend and pad those exec pockets while hoping for a miracle.
Ride the Women's LNG wave particularly the one from XTO, pure gold that one is.
We can be certain there is a plan.
To plan.
https://www.theonion.com/exxonmobil-throws-in-a-couple-extra-million-while-payin-1846416933
Hope OPEC+ and Russia cut volume.
Wait for the price of oil to rise and then claim victory and give management huge bonuses.
Sell the God Pod to a megachurch and keep preaching the prosperity gospel.
If you know the company is in a tail spin and you don't think it will pull out for various reasons and insight. Then you have seen the writing on the wall, it is time to leave. You can try to ride the wave to the shore but it might not be worth it. As time goes on you will see.
It’s called ‘dumb luck.’
The strategy is simple. Cut expenses and reduce non essential workers as much as possible. Now that oil pricing are recovering the new lean version of Exxon will be able to generate cash flow faster.
By doing LPS of course
The strategy is simple - milk the cash cow for all it’s worth. After all DW won’t be around by the time 2027 rolls about.
Mgmt is busy rearranging deck chairs. Stand by.