05-09-2016, 01:23 AM
'cybersssss' pid='68883' datel Wrote:"Don't follow leaders and watch your parking meters" Yes hession was able to achieve a deal that Phil could not or would not. However, does this mean he is a good and effective leader of the company? Does this mean he is a champion to shareholders? The story is always changing with them, they first say that they made this deal that is insulated from the price of oil, yet they blame the price of oil for the Steep pps fall. Then there is the seeming inefficiency and financial mismanagement of the company's money. Phil was held responsible and hence lost control of the company he founded. He paid the price and I agree that he seemed to deserve this. He could not make a deal. However, this does not mean that Hession shouldn't be responsible for what he has done wrong.
The deal is insulated from the price of oil. Our resource payment is not dependent on oil or LNG pricing. The share price of IOC is not insulated from energy stock market movements.