Color

[ebster123]

Yes, but there are two ways to see this. We can wallow in this history, which happened for a reason, or we can simply look at the present situation in which: - We have a new, experienced guy at the helm - We have a great resource - We are in direct talks with Exxon with major items already agreed upon and ample scope for mutually profitable deal, due to the complementary nature of the assets which both bring to the table. Although I understand your frustration, wallowing in history isn't going to speed up the conclusion of the deal, nor is it productive in any other way. It basically plays in the short hands. I've predicted years ago that their last argument standing would be stressing the history, that we won't get a deal because we haven't. The picture today is good and the stock is cheap, although patience is scarce..

We deserve more "color"!

 I agree! More is better

Welcome to the world of big boy company communications. As someone else has said, Hession was schooled under an ex-XOM exec. The way of most larger companies during any kind of deal negotiations is minimal communication and only as necessary. These guys have enough to do getting all of the things done that make up a deal. Constantly responding to shareholders and the press is not what they need to be doing; let alone what can happen when things get out. It just begets more questions. Hession has been on the job just over a month. Meg and Wayne are following protocol of the new CEO. They aren't going to discuss details of negotiations. That's been made clear.

Yes, I couldn't agree more. For instance, had they not told us the talks were exclusive, there would have been no snafu when that lapsed.

I understand it's frustrating for shareholders but as a general rule, the less is said during negotiations, the better.

STP, correct, but they hold not live by a double standard.  They should either speak or it speak.  But to speak only when it is half assed and leads to confusion is worse than not speaking at all...right???  I sit and hold, not adding, not selling