Thread regarding Imperial Oil Limited layoffs

Plan to sell XTO Energy Canada

https://www.nasdaq.com/articles/imperial-imo-xom-to-sell-canadian-shale-assets-for-c%241.9b

I have a divided opinion about selling Montney and Duvernay shale oil and gas assets. I would like to hear your opinion?

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| 1161 views | | 2 replies (last July 25, 2022) | Reply
Post ID: @OP+1hubJOTY

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EM calls the shots managing their investment portfolios. Right now overseas exploration with their new found reserves in Guyana are the focus while xto gas assets and even shale portfolio is expendable. But other companies are developing these reserves in Canada so there are opportunities for everyone outside of imperial.

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Post ID: @pncy+1hubJOTY

No body in this company has opinions on anything. It’s always deer in headlights. Let the masters to the south do the thinking 👌

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Post ID: @1fhs+1hubJOTY

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