Thread regarding ExxonMobil Corp. layoffs

Billings Sold is Bakken Next?

The rumor of Billings being up for sale just came true. Can Bakken be far behind?

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Post ID: @OP+1joxZWHu

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Joliet is next to be sold.

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Post ID: @fro+1joxZWHu

It was very clear from the April ‘22 leadership update that the company is planning to divest Refining assets, maintain upstream assets, and only invest in chemicals and LCS.

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Post ID: @svi+1joxZWHu

All non integrated US assets will be sold!

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Post ID: @wbo+1joxZWHu

If you read the news then yes. It’s been mulled for at least 6 months and probably longer.

Billings cannot have been a surprise to anyone. For years they’ve been trying to sell it.

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Post ID: @qdo+1joxZWHu

Likely yes.

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Post ID: @rlg+1joxZWHu

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