Thread regarding Noble Energy Inc. layoffs

Brent Crude Over $70

Less than a year after the acquisition of Noble by Chevron and oil and gas prices up strongly. Noble stock would have clearly outperformed Chevron stock. It was a bad deal for Noble shareholders. Where is the justice?

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Post ID: @OP+1b8L3LeL

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Many things led to the collapse of a company that had world class assets. To name a few; Stover was making bad decisions early on, buying assets that failed without proper technical review, too many inept managers, massive ego's in some of the senior staff, keeping people like Henry P. on the payroll, putting Gary W. in charge of anything, creating positions to oversee the training of new engineers and nothing more, GAP training, and the restructuring of the company by MTG which was the worst thing you could have done. It used to be a good company.

Post ID: @1Hexr+1b8L3LeL

Noble clearly would have survived the pandemic. But Dave and Co. decided to give up. They had a responsibility to workers and stockholders and decided to cut and run. What a cowardly move.

Post ID: @1xzr+1b8L3LeL

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