@PGALIVHotTakes
I’d like to see Scottie, Xander, or Rory try to play a round where they have to take 10 work phone calls, check and respond to urgent emails, and field 5-10 texts from an angry wife asking when they’ll be home. I bet none of them could break 90 either.
@MarinaMedvin
I hope today’s rescue operation motivates other Palestinian families to turn over information on the hiding spots of other hostages to the IDF.
The price of oil dropped another $12 in a week, making his Wolfcamp Z wells uneconomic. Make him completely despondent with sadness and crying in hopeless desperation.
“The Permian Highway Pipeline had a leak so his wells had to flare their gas causing an enormous fireball flare in the background which destroyed his company’s ESG score so he is even more sad stressed out.”
@oilmutt
Things that don’t work but keep engineers employed:
1. Refrac ❌
2. Downspace ❌
3. Water flood ❌
4. High pressure gas lift ❌
5. Huff and puff ❌
6. PowerPoint presentations ✅
@whitelist2whale
@Chrisjjosephs
I just checked. He went back to school to get his MBA, then he got out of oil and gas (smart) and now works for a company that makes septic systems for municipalities and residential.
@JavierBlas
The biggest losers here are the $PXD employees who are losing their only advocate on the new $XOM board in Scott Sheffield. Now, they’ll just get integrated into the Exxon machine in the traditional manner - at least they all got job offers tho. Champagne problems.
@BrianRoemmele
ADHD didn’t increase in the 90’s, diagnoses increased. Pharma advertising convinced moms that their kids’ school problems could be easily fixed with meds.
@pickeringenergy
Amazing how the FTC has no burden to prove Sheffield’s guilt to punish him. FTC can just make an allegation, & leverage the disruption of a large deal (that impacts thousands of employees & their families) to bully Sheffield into complying with their demand. That’s why now.
@scool891
@ZmansEnrgyBrain
My rig contracts are structured for one pad at a time, with an evergreen option for an additional pad, and a buyout provision if prices fall to avoid stranding capital into the ground to make DUCs to wait for (hopefully?) better pricing in the future. I buyout the contract when
“Over the holidays, his family vilified his beloved industry by saying, “fossil fuels is causing bleaching of the ocean’s coral reefs” which caused him to stress eat and gain 50 pounds, and now he is 300% more stressed out and sad.”
Fortunately, the pipeline was fixed so flare is gone. Unfortunately, WAHA is break even with his G&P fees, and because he has a cost free royalty in his GLO lease, he still has to pay the mineral owner royalty on gas he is not getting any revenue on. Now he is 1,000% more sad
@vcdgf555
Expanse started better than it ended. Alien tech, ring gates, proto molecule, & earth v mars v belt were interesting storylines. Then the Marco Inaros storyline drug on too long & lost my interest just as the series got cancelled. Wish altered carbon would get another season
“The company finally went bankrupt. He is unemployed, broke, his wife divorced him and left, and his dog died. Now he has PTSD, agoraphobia, and he is paranoid that everything is owned by private equity. Make him shell shocked and emotionally paralyzed.”
He pawned everything he owned, including his prized Harley, muscle cars, RV, 4-wheelers, and now he lives by himself in a single wide trailer in the swamp of south Louisiana. He is as sad as he has ever been.
@shaleington
PE would pay the players $180k/yr salary, make them contribute 33% of their liquid net worth “for alignment,” then the winner of the fedex cup receives 5% of profits after an 18% IRR. Fees would bleed the tour dry in 3 years before PE fire sells to LIV anyway.
@willrayvalentin
@whitelist2whale
@Chrisjjosephs
We had a Gen Z guy in finance, “boy wonder.” He was the only one who had a desktop computer because he refused to take a laptop home to work. When our company had challenges, he immediately stopped showing up, and left the hard work for the rest of us to do.
@mr_skilling
Sad day for golf & for America. Maybe the Justice a department doesn’t allow the deal, but in that case many PGA players who felt backstabbed by the PGA (all of them) will run to LIV and get paid. LIV wins either way. Sad
@kells940
Who hasn’t done this at least once? The company man I’ve worked with most also did this and he’s been divorced seven times, which is part of the inspiration for this account (see my bio)
@FracSlap
@Thepadre13
People call me all the time to ask if they should leave big oil for a riskier enterprise. It’s a quick conversation once I explain to them that they make 2x what I do, and they do 10% of the workload. Also, they don’t have to risk their life savings and get blown up every 3 yrs
Biggest winners in the $XOM acquisition of $PXD are Scott and Bryan Sheffield who got huge change in control payouts. Biggest losers are current $PXD employees who probably now wish they took the big layoff packages back in 2020.
@JohnLeePettim13
It’s amazing how the public thinks oil and gas is evil, but driving an EV is altruistic. I tell everybody me, “pick your poison - drilling or mining. Nothing comes for free.”
@WAR527
I got a job offer from a portco. Spoke to their PE sponsor who said they had offered me “a pretty good slug of equity.” Ultimately took a job working directly for the PE sponsor, & in their first quarterly investors meeting deck they had the portco equity (MIU’s) marked “zero.”
@EnergyPeddler
Wishful thinking, but I think Saudi is clear to cut this time without shale roaring back. Problem is cohesion among OPEC+ not participating in voluntary cuts that now need to be made mandatory. Russia is definitely not on board right now. Complicated story in China not helping
@spoiledshale
I think nowadays, these mergers are resulting in less total jobs, so it’s harder for those people getting packaged out to find a new job. Feels like a net negative now