Thread regarding ConocoPhillips layoffs

Do you know how much debt COP has accumulated. Will COP be able to service dividends if barrel price hit 30

Is asset sale is the only way to generate money ? are there any money saved for rainy days ?

I would appreciate comments.

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Post ID: @OP+DrUxfcg

6 replies (most recent on top)

Thank you Anonymous151932.. There are still good people here ..

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Post ID: @BKp+DrUxfcg

To answer the question (via Google) ConocoPhillips tapped into credit lines in excess of $2.5 billion last quarter. Yes ConocoPhillips will pay the 2015 dividend. No crystal ball will determine the status of the dividend after 2015 be the price of oil $30 per barrel or $60 per barrel of $90 per barrel. The landscape of the industry in in flux via merger and acquisition activities.

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Post ID: @aaM+DrUxfcg

yes .. agree it is layoff site.. but people have to make decision whether to stay or leave and if the company can sustain through rough times without further layoffs

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Post ID: @Fwj+DrUxfcg

This is layoff site, not stock price discussion board. Do we know anything? Yes but we won't tell you.

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Post ID: @fXQ+DrUxfcg

Trolling ! you are so wrong ! .. don't imagine things !

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Post ID: @OGB+DrUxfcg

trolling for information...

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Post ID: @q7O+DrUxfcg

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