Thread regarding Pioneer Natural Resources Co. layoffs

I am prepared

As an M&A expert i am fully prepared for what’s coming next. SS and crew will take their PP to Houston to meet with XOM, but SS will pass on the plane while fishing out his phone from the toilet. RD will take over temporarily and close the deal, it’s what SS would have wanted after all. XOM will in fact pay an ungodly premium, because they realize their model is an outdated dinosaur. Contiguous acreage and proved inventory will be king. Worldwide exploration is full of expensive dry holes. They will harvest the profit centers (acreage) and dump the losers. Sorry PWM. A select few will be added to the XOM board. All overlapping roles will be cut. Ops, Field personnel, and a skeletal SPFD will survive.They will keep less than 5% of the entire company headcount.

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Post ID: @OP+1miyeZmq

4 replies (most recent on top)

SPFD is where aspiring engineers and geologists go to live out their entire careers at grades Engineer II and Geologist II, respectively.

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Post ID: @1ncn+1miyeZmq

What is spfd?

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Post ID: @1zle+1miyeZmq

Who plays Tom & Greg?

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Post ID: @ulk+1miyeZmq

You lost all credibility when you suggested they would keep anyone from SPFD

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Post ID: @yld+1miyeZmq

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