Thread regarding Occidental Petroleum Corp. layoffs

TRC Capital Investment

Told you that you if languish long enough , a target you will be.... by Canadians!. Wonder if Canadians care about WFH and bonus season whining comrades?....

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| 531 views | | 4 replies (last November 9, 2024) | Reply
Post ID: @OP+1voIk3JJ

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Comparing Oxy to the majors since July, Oxy has fallen but the others have stayed flat or increased. Anyone else think this is due to CR deal? Layoffs or notices of layoffs will surely take place by the end of the year.

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Post ID: @1psp+1voIk3JJ

Had a previous posted taken off the board for saying similar things. Big brother Oxy probably had a hand in it for a reason....

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Post ID: @axx+1voIk3JJ

Shareholders may take the offer price given the stock has does nothing but lose value. Think WB is in the business of losing money? Oxy isn't worth saving as a whole but select assets might. Going to be a cold winter....

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Post ID: @cln+1voIk3JJ

It is what they call a mini-tender offer for 2% of the shares. If it works they turn around and flip the stock for a profit. I don't see that this is anything to worry about. They are doing the same to South Bow Corp.

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Post ID: @xot+1voIk3JJ

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