Based on latest financial disclosure Anadarko Petroleum Corporation has Probability Of 46% of filing bankruptcy debt to equity ratio is 120%. ConocoPhillips is flying towards that debt to equity ratio of 75% ..... Any questions? You see how the math works boys and girls? More people will need to be layed off aside from this upcoming September.
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We are one of the highest bankruptcy risk in the sector
https://www.macroaxis.com/invest/ratio/COP--Probability-Of-Bankruptcy
They said they are headed in that direction not that 120 and 75 is the same. dumb--s! The company is not going to grow in any direction of oil prices persist ... If oil prices tabloid this for another year you bet you your a-- they will be at 120% and conducting a fire sale.
Keep on dreaming you f---tards... COP is sinking slowly as the ELT continue to make the same mistakes... and the mediocre middle management doing nothing but s---k di-ks...bunch of losers ... get out of this sh--hole if you can...
OMG your so smart. Wow incredible. How did you get so f'ing brilliant? Do you think they will do it quarterly? WELL DO YOU DUMB A--?
120 and 75% are so far apart that there is no basis for comparison. COP is on top of the game and those that survive the layoff would enjoy the company. COP is not same as Anadarco. We have a management that is thinking at least ten years ahead of the peers in similar industry. That is why we are the largest independent.