Looks like the shareholders are OK with Imperial Oil. I guess from a shareholder perspective, the company is doing OK.
Employees don’t want it to be like this too. After all, our pensions are tied to the company, and some of us will still get their salary from this company.
Don’t want bad for anyone, so happy to see that the stock price is going up.
@1f7 it's bad because imperial is a company that only knows how to overspend and under deliver. The rest you're right on.
@e9
How is reducing Exxon ownership bad considering that it means more of future profits will flow into Imperial.
On that front, if anyone else is holding IMO shares, maybe cash out some portion of those shares. When buybacks stop and prices start dropping, it would provide a better point of re-entry. Buy low, sell high.
New high, CAD136.89
Wow!!
@e6 obviously they're not their best if they're expendable bub
Share buybacks. Ie sending money to Exxon, and gutting the company of future growth
@db could have cut the dead weight and also avoided losing their best people by not moving the office
$135+
Investors like it when you cut dead weight.
@OP Lol….Laughing at all the previous other posts that said IOL stock are under performing due to the layoffs……Lots of employees thought the market cares….
Bruh, my entire portfolio went up today.