BS sold EP Energy in 2012 to private equity ($7Bn) and Noble Energy in 2020 to a super major ($13Bn).
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Noble was the greatest company to have ever or that will ever exist. They were doing some really awesome things and were totally going to be prom king if COVID hadn't closed school. Noble also lettered in three sports and, if they hadn't hurt their leg, would've gotten that scholarship to UT. Chevron was really reaching up when they got together with Noble. All the other pretty girls are so jealous of Noble and are just haters.
Trust me, I worked at Noble before I came Marathon. We weren't like best friends or anything, but they totally said hi to me one time at a party and I'm pretty sure knew my name.
Uh Noble was sold for $5 billion. Essentially a fire sale... and they actually have good assets like Tamir and Leviathan. The most valuable asset MRO has is still EG and Noble had a large minority stake in that as well. MRO would be lucky to fetch 3.5 billion.
Like a blind man at an orgy, we'll have to feel this one out.
Much like the Segway, no one wants what we're selling :(
Good...let's sell this pile of garbage.