Thread regarding ConocoPhillips layoffs

What value does the ELT add

Another poor earnings report issued today. It makes me wonder how ELT members spend their time and what value, if any, they add to this company. Seems like they should spend 20+ hours a week praying for higher oil prices, as that is the key determinant of profitability.

Upcoming layoffs may imprive the bottom line. But you cannot cut your way to success.

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| 2141 views | | 5 replies (last February 4, 2021) | Reply
Post ID: @OP+19di47m2

5 replies (most recent on top)

Couldn’t understand the mumbling by MF but after hearing the televangelist dom add his message sounds like the takeover by TL will be easy and not far away.

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Post ID: @2wiw+19di47m2

Wait, what should be the key determinant for and OIL company’s profitability if not OIL price?

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Post ID: @2rte+19di47m2

The ELT doesn't exist to add value to the company. The company exists to add value to the ELT.

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Post ID: @1vvk+19di47m2

Full year report congratulated COP on "milestone" of completing Concho deal. Did they mean "millstone?"

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Post ID: @1kbs+19di47m2

They make polished sounding statements on the quarterly earnings call!

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Post ID: @1mmo+19di47m2

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