RE:Shorts gotta be worried!antonaki1 wrote: I am sure they took great comfort in having Sax at the helm and that constant umbrella of negative sentiment that they could bathe in. This really does change everything for CPG and should bring the institutions back into the name as time goes on
Let's face it, management was doing everything contradictory to what even Americans are willing to now pay for in their E&P companies. Exxon has been getting killed since they announced huge expenditures going forward in hopes of greatly increasing production. Now it's all about returning capital to shareholders along with fiscal prudence.
Speaking of Exxon you think Rex Tillerson is looking for work?? Lol