Thread regarding ConocoPhillips layoffs

Why are we unloading Goldsmith producing interests

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Post ID: @OP+1cwm5eQW

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When assets are well developed and planned for the full life cycle, they generate significant cash flow with minimal effort and minimal capital investment. The risk should be low as the uncertainties are few and well understood. Why are they bad for COP but great for others such as Hilcorp?

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Post ID: @6rfy+1cwm5eQW

When assets reach maturity they begin to become less and less profitable with more and more liability.

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Post ID: @6tht+1cwm5eQW

Stock buyback money doesn't grow on trees.

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Post ID: @1omv+1cwm5eQW

Why not? Do a deal. Do any deal. Collect your special compensation. Doesn’t need to be a good deal. Just do a deal. Go team.

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Post ID: @1rxc+1cwm5eQW

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