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Houston..we have a problem....

7,350,463 Views | 28791 Replies | Last: 3 days ago by one MEEN Ag
nu awlins ag
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Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
Cyp0111
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Exactly, and don't think anyone wants to buy that culture.
aston158
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any thoughts on who the surviving entity would be in a CHK-SWN merger, and where the HQ would be (OKC or Houston)?
nu awlins ag
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Cyp0111 said:

Exactly, and don't think anyone wants to buy that culture.


What culture is that?
Fredd
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aston158 said:

any thoughts on who the surviving entity would be in a CHK-SWN merger, and where the HQ would be (OKC or Houston)?


CHK has a lot of prime real estate in OKC
Cyp0111
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Not one anyone that could buy them would want to incorporate into their organization. BP is not a well run business outside of maybe their trading business.
nu awlins ag
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Cyp0111 said:

Not one anyone that could buy them would want to incorporate into their organization. BP is not a well run business outside of maybe their trading business.


Will agree to disagree.
Cyp0111
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Disagree that BP is a well run business/enterprise ?
Charlie Murphy
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nu awlins ag said:

Cyp0111 said:

Not one anyone that could buy them would want to incorporate into their organization. BP is not a well run business outside of maybe their trading business.


Will agree to disagree.
I'd love to hear it!
txaggie_08
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nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.
Cyp0111
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I'm not saying someone (Shell/Total) wouldnt want to buy some of BP's assets but a corporate acquisition would be difficult to see synergies and then you take on BP asset/mgmt. risk in integration.

I'm happy to be proven wrong here, but BP sure seems like it's best opportunity is to stay below the headlines given their CEO issues, Green Push that isn't working at all and history of asset/mgmt. issues.
nu awlins ag
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txaggie_08 said:

nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.


There are many so called "in the know" people here that is why I mentioned it. Do I know something? Yes I do.
Caliber
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nu awlins ag said:

txaggie_08 said:

nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.


There are many so called "in the know" people here that is why I mentioned it. Do I know something? Yes I do.
So, more Shell to buy BP rumors?

nu awlins ag
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Caliber said:

nu awlins ag said:

txaggie_08 said:

nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.


There are many so called "in the know" people here that is why I mentioned it. Do I know something? Yes I do.
So, more Shell to buy BP rumors?




Maybe….there are others with the same synergies. They aren't rumors either.
Owen Kellogg
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Who?
Furlock Bones
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nu awlins ag said:

txaggie_08 said:

nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.


There are many so called "in the know" people here that is why I mentioned it. Do I know something? Yes I do.
talking merger?
nu awlins ag
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Owen Kellogg said:

Who?


I would like to say but not obligated at this time. Again, was just curious about this topic. I don't frequent this thread that often.
Furlock Bones
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AG
what about Total?
nosoupforyou
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nu awlins ag said:

Owen Kellogg said:

Who?


I would like to say but not obligated at this time. Again, was just curious about this topic. I don't frequent this thread that often.
don't reveal too much, but it's very compelling to the value of this thread when someone gives a heads up as to some big moves coming

Thank you for your post - I look forward to you confirming it as things get more 'out there'
AgLA06
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Cyp0111 said:

BP is not a well run business outside of maybe their trading business.


Somewhat ironic considering they just promoted Orlando.

My business experience with BP is only with their subsea group, but they weren't any different than Shell or Exxon or Chevron culture wise to be honest. No more or less a PITA. Macondo just tripled their risk specs and made them a little gun shy (understandably).

They sure could find great fields at a higher clip even if their specs didn't allow for development.

nu awlins ag
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Furlock Bones said:

what about Total?


Interesting…..I've heard a few rumors but nothing really to report on. Like others, could be in the market on both ends. 2024 will be interesting….
Fredd
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nu awlins ag said:

Furlock Bones said:

what about Total?


Interesting…..I've heard a few rumors but nothing really to report on. Like others, could be in the market on both ends. 2024 will be interesting….


What are they interested in? US Onshore, deep water?
nu awlins ag
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Fredd said:

nu awlins ag said:

Furlock Bones said:

what about Total?


Interesting…..I've heard a few rumors but nothing really to report on. Like others, could be in the market on both ends. 2024 will be interesting….


What are they interested in? US Onshore, deep water?


Like others, some US onshore but that's not their specialty here in the US. I do like them.
sts7049
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Caliber said:

nu awlins ag said:

txaggie_08 said:

nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.


There are many so called "in the know" people here that is why I mentioned it. Do I know something? Yes I do.
So, more Shell to buy BP rumors?


shell are still working off BG debt i think. seriously doubt that is a direction we go
Sea Speed
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nu awlins ag
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sts7049 said:

Caliber said:

nu awlins ag said:

txaggie_08 said:

nu awlins ag said:

Cyp0111 said:

BP buying someone or getting bought?


BP isn't buying anyone…
So then you believe someone is about to purchase BP? You're the one that brought them to this thread, but being short with information.


There are many so called "in the know" people here that is why I mentioned it. Do I know something? Yes I do.
So, more Shell to buy BP rumors?


shell are still working off BG debt i think. seriously doubt that is a direction we go


Charlie Murphy
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10 days into 2024 and our first rumor of bp getting bought! A new record - see you next year!!
Comeby!
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AG
What is this, r/WallStreetBets?
Rustys-Beef-o-Reeno
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So do I hold onto vest BP options in hopes of some premium valuation bump or sell due to potential tanking.
one MEEN Ag
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Any oil and gas info from someone who hails from southern Louisiana is usually talking about gulf of mexico offshore. BP has five large platforms in the gulf. A major operator who thinks they need to play catch up on offshore platforms might buyout BP for its offshore assets, and then try to pawn the rest of their stuff to Total.

This is complete hearsay.
aggiedaniel06
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Anyone know why Buffet is so sweet on OXY?
aggiesundevil4
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They are gonna buy BP's GOM assets
aston158
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CHK-SWN official....that escalated quickly
nu awlins ag
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one MEEN Ag said:

Any oil and gas info from someone who hails from southern Louisiana is usually talking about gulf of mexico offshore. BP has five large platforms in the gulf. A major operator who thinks they need to play catch up on offshore platforms might buyout BP for its offshore assets, and then try to pawn the rest of their stuff to Total.

This is complete hearsay.


I actually hail from south Texas, lived in NOLA for 10 years, but yes, BP's ops are all GOM with some projects on the way….
cmk10
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https://investors.chk.com/2024-01-11-CHESAPEAKE-ENERGY-CORPORATION-AND-SOUTHWESTERN-ENERGY-TO-COMBINE-TO-ACCELERATE-AMERICAS-ENERGY-REACH
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