I looked at the preliminary third-quarter results and I'm wondering what will we get from strong quarterly results? If we are treated this badly now, when the company expects strong results, I can only imagine how we will be treated when a significant slide in crude prices occurs?
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McKinsey said it’s all about headcount, regardless of product. The oracle has spoken.
Just remember family that we are all in this together.
For a company who refuses to do anything other than O&G, exxon sure doesn't seem interested in finding O&G.
Price of oil drops will higher PIP percentages and increases recruiting in BTC.
Price of oil then rises again=same actions.
Price of oil drops again-same action.
Our execs focus more on headcount than they do exploration.
Finding oil and gas should take priority over perpetual headcount reductions.