3 ms·
No. Crude prices are driving all the profitability and hide all deficiencies. With the current crude prices you can put a toddler in the C suite and BigOil.co w
by whatever1 4y ago
No. Crude prices are driving all the profitability and hide all deficiencies. With the current crude prices you can put a toddler in the C suite and BigOil.co will still be printing cash like crazy
- Retric 4y ago“todays profits are largely the result of past investments” is another way of saying a toddler in the C suite could print money today. However, actual incompetence can cause ungodly amounts of damage.
- whatever1 4y agoWhat I imply is that the consequences of the covid era management will not be surfaced until crude prices go back closer to the operating costs.