CVX Market Cap: ~300 Billion$
CVX Current Oil Production ~ 3 Million BBL/day
HESS Market Cap: ~ 45 Billion$
We are Paying ~ 60 Billion$
HESS Current Out Production ~ 300K BB/day
We are paying 20% of our Company value to buy 10% of Equivalent Production. You may think then we should be paying LESS than 10% of our Market Cap but the smart (aka stupid) spin master's were diverting the focus on Guyana assets and it's lucrative future
Then K-Bo-m.... Even this part has hairs and tails. Exxon wanted to extract another pound of flesh. Why Exxon is doing this?
Because they can? Why they can and we Can not?
Because we are weak, and suffered massive brain drain in the last 3 years. Thanks to RM social engineering. The previous post about using security to mentally torture and te--orize employees as an extra hand of RM is frightening.
The shares are free falling again despite all the buy back attempts every few days.
RM needs to go as it is getting very very very scary now. The employees are suffering mental health issues because of the injustice and abuse they have seen from CVX HR and I have no doubt what so ever that this will come in a massive group law suite sooner or later. The writing is on the wall and if CVX does not clean its hand form RM. they will be in deep sh-t.
Let's hope this happen soon so we can keep our 401K's and CIP in good shape ...