I start a Shitco. I take PE money. I lever up. I overpay for Tier 3 rock. I drill expensive wells. I claim efficiencies are near. I publish inflated TCs. I go bankrupt. I still make fat stacks on the way out. I reload for Shitco II.
I am a threat to the very soul of this nation
I go to work. I work hard. I go to the gym. I hunt. I fish. I spend time with friends and family. I pay my taxes and don’t break the law. I play disc golf.
I am a threat to the very soul of this nation.
Any time I visit a foreign country:
“Who owns these hotel boats? The market seems very fragmented. I bet there would be considerable economies of scale. Hmm… seems prime for consolidation.”
-Me, who has no intention of moving to Egypt to roll up Nile River cruises
Today hurt the stock but not the company. The company is still pumping oil, filling reserve tanks, and timeline to pay off the loan/refinance the debt, start selling oil, start paying a dividend are all not affected. The FM is held by the federally guided consent decree. This state action doesn’t affect that but does affect ability to make normal repairs and maintenance difficult(not emergency repairs though) However a federal judge would supersede this decision and there’s plenty of precedent for that.
Wow bombshell $5.6B deal from $EOG buying Encino
Constantly promise investors you’re not going to do “expensive M&A” - and then do expensive M&A!
Now that’s some shitco dealings right there from EOG. Love to see it
https://t.co/YIEWVSau3P
@hehwat It dropped day of - maybe it came back up. But you could attribute the department of justices current investigation to the increased scrutiny due to the murder, which is causing it to tank rn
I would never wish for someone’s kid to have a disease or disability, that would be despicable. But is it evil to hope that your nemesis’s kid sucks at sports? Like I hope that guy’s future kid is heathy and happy and just absolutely unathletic as shit. #embracedebate
Your outie is a poor steward of capital
Your outie drills Tier 3 rock
Your outie flares 28.4% of its gas
Your outie has a large golden parachute
Your outie gets kickbacks from key vendors
Your outie is 4x levered and unhedged
We know Trump’s Drill, Baby, Drill campaign isn’t going to do much to activity levels. But what would help me make investments faster - speeding up ROW approval on Fed land.
Why the hell does it take 4-5 months to get Fed ROW?
@realDonaldTrump tell these BLM bozos to hurry up!