Thread regarding Chevron Corp. layoffs

Merger with ExxonMobil

Rumor mill keeps pointing to a merger. What do you think?

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Post ID: @OP+1j31CAds

15 replies (most recent on top)

That would be a heck of a merger. Exxon (conservative) merging with Chevron (liberal) that would be interesting- The “ Chevron Way” might have be rewritten. Where can I get some popcorn?

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Post ID: @dgju+1j31CAds

Since Chevron exploration has proven that their unable to discover hydrocarbon for several years now, being bought out seems plausible.

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Post ID: @5oek+1j31CAds

Lowly VPs have no say in M&A - normally just CEO, EVPs and BOD make the call.

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Post ID: @4ndx+1j31CAds

Since Chevron is incapable of growing organically, it must acquire or be acquired. It is as simple as that or enter a death spiral. Chevron is currently in harvest mode and must pay shareholders a nice dividend to stay invested.

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Post ID: @4djj+1j31CAds

Merger would never happen because too many vp and above would be out of a job.

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Post ID: @2eaf+1j31CAds

That EMRON name seems to be catching on eh?

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Post ID: @2yga+1j31CAds

Given it would be a true merger (rather than acquisition called a merger), do you think EoI would be offered equally to both sets of employees?

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Post ID: @2zvg+1j31CAds

Apple buys about ten companies per year. They bought an Intel smartphone business to get onto 5G.

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Post ID: @1mce+1j31CAds

@uhj. Apple did not buy anybody to get to that mkt share, so it makes no sense your comment.

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Post ID: @kqd+1j31CAds

XOM + CVX would be only 15% of US refining capacity, hardly a monopoly. Apple claims over 50% of the domestic phone market.

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Post ID: @uhj+1j31CAds

Troll alert, don’t engage, just downvote.

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Post ID: @nph+1j31CAds

Any merger can be approved as long as a few assets are sold off. Downstream could be split somehow but even the combination would not be that huge a part of the US gasoline market.

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Post ID: @cam+1j31CAds

Not gonna happen. Would never pass regulatory approval. This rumor just keeps getting perpetuated for no good reason.

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Post ID: @ckj+1j31CAds

Not going to happen. Even if the companies intended it such a deal would never pass government regulatory approval to proceed.

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Post ID: @qpn+1j31CAds

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