Anyone heard of this?
8 replies (most recent on top)
Was the OP referring to this?
https://www.africanaerospace.aero/can-africa-keep-the-wheels-turning-on-its-mro-potential-.html
https://www.marketwatch.com/story/noble-energy-cuts-salaries-reduces-2020-capex-and-taps-revolver-during-pandemic-falling-oil-price-2020-04-15?mod=hp_minor_pos19
The financials reported by Macroaxis is public information. Noble's risk rating for investors is 97% right now. Great time to buy, unless Noble goes bankrupt first!
I really don’t have faith in that assessment.
The same site has Exxon as 41% chance of bankruptcy.
Macroaxis.com/invest/ratio/NBL—Probability-of-Bankruptcy
49%
MRO? That’s doubtful. MRO, along with Noble, is also a bankruptcy candidate. I wouldn’t hang any hope on that rumor.
What else does Noble have left to sell?
First time I am hearing this. It sounds possible though.
Good luck man.