As one of my old bosses used to say all the time: It is a win-win! Do good you are rewarded due bad and you are rewarded. But maybe a Win-Win-Win. Get fired and you get rewarded.
Looks like the time to sell was Oct 23, 2014 for just under 70 and then the time to buy has yet to occur.
I totally agree but the numbers just aren't there at this point. Glad to see Shell is thinking long term when most companies are focusing on the next quarter results.
As oil companies ask for lower prices from suppliers that will help offset their costs. But eventually someone pays the price like those that own rigs that are idle or contractors who have less work. Eventually people will lose their jobs.
For the most part, very few deals are good deals for the acquirer. Overpaying is never good.