Ask mighty Exxon how well their last alphabet acquisition is working out: XTO ?!
Besides, XOM doesn't want another $6 BILLION in EOG debt load on their balance sheet.
You must have had too much steam in your pouched eggs, friend, to write a rant like that ?!
I expect better from a nemesis like you. For instance, mighty Macys will still have 600 locations after they throw 40 under the bus.
Macys....the epicenter of the mall rat culture!
Malls are a testament to 20th century middle class excessive consumption and debt.
The higher and better use for your malls in the future will be homeless shelters and Amazon distribution hubs with drones delivery packages to homes.
Who knew ? With roasted soy pods, this thing must be worth trillions!
Name change to....Dope-a-life ?
The margins must be enormous to support such a large market capitalization over $5 BILLION.
For thicker souls who believe in this thing, try digesting $407 M in goodwill/intangibles, and $1.3 BILLION in debt.
Tell your tale to oilprice.com. Very effective article today showing the lack of viability of you dolts with oil under $50 per barrel. Just wait till the hedges wear off and we get to see the real EOG.
It just goes to show that door-to-door vitamin sales in China is not a viable model to support your bloated market capitalization.
There is a difference between revenue versus 'earnings.' And there are now 579 slot machines ? If revenue was only $2.4M in August 2015, it's a decline from $4.2M August 2014. Do you have a link ?
EOG web site indicates 'areas of operations' include Marcellus, Bakken, and Utica. I look forward to the EOG financial engineering of hedging to ultimately flop, and your market capitalization is pounded down, parallel with many other peers. EOG oil is no better than other oil.
I hope the public bagholders are successful in claw back suits against Ms. Angie and her assorted henchmen (henchwomen) that brought this THING public.
let me count the ways;
long term DEBT $6.3 B
deferred long term Liability charges $6.7 B (why defer, why not bite the bullet now ?)
large acre positions in Bakken, Marcellus, and Utica - viable at $45 oil ?
overpaid top management
overpaid executive retirees
Awh yes, bullshopper finds a jewel in the rubble....Victoria's Secret. Maybe they can expand out into 'plus' sizing and take over the empty caverns in the malls.