Thread regarding ConocoPhillips layoffs

Things being sold off...not helping stock price

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| 1311 views | | 3 replies (last February 16, 2017) | Reply
Post ID: @OP+LR1gTPG

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Bingo. The $5-8 B in assets identified to be sold off during 2017 have little value to the Company and therefore little impact on share price. The Company could unload 50-75 percent of the North American properties and reduce head count significantly. That is what is coming. Business units will be sold with associated employees included. There are a lot of low value assets that are no longer needed. Company head count could be reduced to below 10,000. This is what is coming. This is what is coming. This is what is coming.

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Post ID: @1eav+LR1gTPG

actually it does. Increases liquidity to pay for bad assets like OSBU

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Post ID: @xzo+LR1gTPG

no sh!t sherlock

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Post ID: @zui+LR1gTPG

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