Thread regarding ConocoPhillips layoffs

Oh snap COP -5.53% today!!! Haters are hating now!!!

The mythical COP stock price isn’t tied to the oil price is it? Once again there is no gold star management at this company, only a hope that the higher oil prices and stock buybacks can prop this sinking ship up for another year. Oh yeah selling all your assets also helps in a pinch. Today proves that the new company ‘vision’ is a sham.

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Post ID: @OP+VzF0vwe

6 replies (most recent on top)

Sorry you have to spend money to pump up your stock to attract attention (otherwise nobody would invest in it). Real winners don’t need to do this. Oh yeah, you are down again today, just saying. Invested wisely and left early here, clearly you don’t know what you are doing? Or are you a pensioner stuck at that sh--hole for life?

Very happy here also so thanks, the golf handicap is going down! Talk to you later dead wood...

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Post ID: @9hqo+VzF0vwe

Clearly this is a post from someone who has zero understanding on how the market works. Thank goodness you are retired from COP and can't do any further damage. Another example of a successful headcount reduction.

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Post ID: @9oiq+VzF0vwe

They are...oil price drops and so does your stock price. How much money are you dumping into stock buybacks? I would hope the price would improve, just saying.

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Post ID: @3nnw+VzF0vwe

COP up 30+% on the year.

Chevron -6% on the year.

Exxon -3% on the year.

But sure, commodity prices are the only thing driving COP's share price.

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Post ID: @2vzp+VzF0vwe

ixpv - COP dropped more than most, but I think you just missed the point of the original post. What can you expect from a Koolaid drinker. The companies strategy is a joke and we are still at the mercy of the oil price no matter what Uncle Ryan says.

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Post ID: @2lfm+VzF0vwe

Never mind that every other oil company dropped as much or more. Troll just trying to stir the pot.

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Post ID: @1xpv+VzF0vwe

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