Thread regarding ConocoPhillips layoffs

This puts everything into perspective - $30 billion in long term debt and $700 million in Q1 Revenue.

How did COP go from a major oil & gas company to this:

http://seekingalpha.com/article/3969943-conocophillips-poor-first-quarter?auth_param=7hg59:1bib8rl:78cd98a2527d10e368de1e55acbf5939&uprof=45

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Post ID: @OP+HcStUhh

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From oil major to a major embarrassment

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Post ID: @1stq+HcStUhh

This means further asset sales, another dividend cut, more layoffs, and probable benefit cuts - just an all-round great place to work!

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Post ID: @lcl+HcStUhh

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