Thread regarding Noble Energy Inc. layoffs

Shocker, but wish you all well!!!

I remember working as accountant in midstream for Noble. Looking at the price of oil right now, Noble sold the company on huge discount. The company would have ki---d with Oil being $78 barrel. Best company I ever worked for, but the d-mbest management EVER. That’s like buying Tesla for $600 & selling at $700 to only see it’s $1,160+ now.

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If DS would have done what is right for the shareholders, he would have ended up with a lot less money in retirement. It was a big win for DS and he took advantage of the temporary low oil price. To ever think that upper management puts the shareholders or employees first is a delusion.

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