MRO is almost 100% shale. Essentially, MRO is a mining company - mining for oil with a limited inventory that has grown very little. Is anyone concern that the mine is about to dry up? What is leadership doing to grow the mining resource inventory. REX has failed. Land has failed at acquiring properties that added substantive inventory. Are we on a sinking ship that we all need to get off?
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One trick pony? There were plenty of woman who used tricks for elevation in company
If MRO is truly that short of drilling inventory, anyone with more than 5 years left in their career needs to move on to another company. The only way for LT to drain the last bit of value out of this company is annual layoffs to keep expenses in check with reduce production volumes. Otherwise, we need to hear for LT on what specifically is being done to add long term value.
quarterly investor call - have you ever heard any of those analysts actually ask a hard or provocative question? also part of the club.
When Tillman and his cronies went all in on the US Shale plays, they turned the company into a 1 trick pony and it is biting the company in the a-s.
The ship is sinking fast
MRO gets Sold? haha. You have to have something to sell. Sounds like MRO is running low on shale drilling inventory. I would be concerned with the type of company that would buy the leftover bits and pieces of this once great company. Frankly, it is far to late for a quality company to buy MRO.
it would be best if marathon gets sold.
Eagle Ford is much worst then I thought. What about the Bakken?
You mailed it! Eagle ford has less than 2 years of inventory. They’ll tell you otherwise but that’s a lie.
Spot on. I hope on the next quarterly investor's call they push Lee and team on how they plan grow the inventory.