COP is trying to sell oil and gas properties in the Rockies, east Texas, south Texas and northern Louisiana for a combined $2B, and now it is questionable if it can hit the target.
4 replies (most recent on top)
The grossly mismanaged company got caught with NO plan "B." - It is now sliding down a greased rope with no knot on the end. - COP stocks will resemble Monopoly money within a year.
Very few laid off in the Rockies, still trying to polish that turd!
I like vanilla ice cream with chocolate syrup
Horrible time to sell in order to pay dividends.