Thread regarding ExxonMobil Corp. layoffs

XTO for sale

What, XOM can't take anymore of XTO? Is it like a C that has eaten XOM alive?

https://www.cnbc.com/2021/08/10/exxon-launches-us-shale-gas-sale-to-kick-start-stalled-divestitures.html

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Post ID: @OP+1cirbBfz

11 replies (most recent on top)

What about the Sherman tx field and others that are being sold and didn’t make the news ?

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Post ID: @Douy+1cirbBfz

Buy High, sell low: Brilliant strategy of creating shareholder value

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Post ID: @4ymg+1cirbBfz

They told us in our Zoom meeting they plan on offloading all dry gas plays. I figure they will sell everything but the Permian and Bakken.

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Post ID: @4dui+1cirbBfz

Dude Clinton, specially CSR is such a disgusting place no one will buy it.

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Post ID: @2xec+1cirbBfz

They should sell Clinton too.

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Post ID: @1dte+1cirbBfz

About time they started selling all that smaller cr-p in random places where XOM can't make money at small scale.

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Post ID: @1gqw+1cirbBfz

XTO people make too much gas

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Post ID: @1lqf+1cirbBfz

XTO dry gas properties and a number of XOM properties too. The Fayette Shale is just the opeing kick off for a very long asset sales season!

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Post ID: @1cmn+1cirbBfz

XTO was the best

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Post ID: @owu+1cirbBfz

LOL the power of suggestion. That's how great ideas are born.

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Post ID: @atv+1cirbBfz

Man - you really having difficulty with that reading comprehension thing. You must be an XOM manager. Probably in F&L. Or EMRE I bet.

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Post ID: @zfh+1cirbBfz

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