The possibilities are interesting. XOM is too large and is not likely due to government regulation. Chevron could be a possibility. Statoil could be an awesome possibility - although the transition from a management that disdains its employees to one that deeply respects its employees might not work. A merger with another independent - Devon, EOG, Anadarko, might also work.
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I worked for Statoil on 2 occasions: great company, but they also had layoffs when I was layed off from ConocoPhillips last October. They have spirit values, etc. too: the 2 companies' value systems seems quite similar to me.
COP will continue to shrink until they get small enough for a suitor to knock them off. 5-10% shrinkage every 6 months until a horny company pounces.
It is written in the stars!
Joe's Corner Grocer
Merger=Layoff. Massive redundancies and acquirer will require mass layoffs before closing acquisition and then combined company will continue to have layoffs. COP employees will suffer the most if someone acquires COP. COP employees unlikely to compete in new company because not familiar with process / procedure and acquiring company management will take care of people they are familiar with
who said anything about acquiring talent?
Can and want to are two totally different questions! What assets would entice a company to accept the liabilities and lack of talent at COP?