Thread regarding ConocoPhillips layoffs

Bakken first of many more sales to come

https://www.worldoil.com/news/2021/8/18/conocophillips-puts-its-williston-basin-assets-on-the-market

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| 1739 views | | 6 replies (last )
Post ID: @OP+1cqTYX51

6 replies (most recent on top)

What’ll be left? A nice, bite-sized company to be bought by someone else in a hostile takeover. Huge payouts for “leadership” to follow.

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Post ID: @1upy+1cqTYX51

What will be left in a few more years? We’re liquidating ourselves.

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Post ID: @1boc+1cqTYX51

Selling unconventionals? Canary in the coal mine?

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Post ID: @1oad+1cqTYX51

Hopefully there’s an EOI being offered again.

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Post ID: @1xkj+1cqTYX51

The sales and associated layoffs will continue. Another round in October is almost guaranteed.

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Post ID: @luk+1cqTYX51

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