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Posted on 8/20/15 at 8:23 am to biglego
quote:
It was $3.8 Billion in profits
My bad, thought I read revenue not earnings. Carry on.
Posted on 8/20/15 at 8:24 am to Fat and Happy
quote:
I have been dumping an extremely considerable amount of money into oil and gas stocks.
Same here. If it keeps getting worse, I'll own a big chunk of an oil company for 10k
Posted on 8/20/15 at 8:26 am to Nado Jenkins83
quote:
They will give it to unemployed oil trash
FIFY
Posted on 8/20/15 at 8:30 am to Hammertime
quote:
I should get it back, but after talking to the owner of that company, jobs in my market (Mechanical Engineering) are slim pickings right now since everyone is trimming the fat across the board.
False, recruiters are knocking my door down. In addition to that I know 3 plants not including mine that are in desperate need of Mechanical Engineers.
Posted on 8/20/15 at 8:31 am to monsterballads
quote:
and yet their CEO's will make billions and billions this year
Posted on 8/20/15 at 8:35 am to nawlinsbrah
"oil field trash collecting government unemployment checks" does have a nice ring to it
print the bumper stickers
print the bumper stickers
Posted on 8/20/15 at 8:35 am to biglego
So when should they decide to cut, when it's too late? Their profit was down nearly 40%, and oil prices have fallen another 33% since July 1st, yet people act like they should keep employees forever.
I know it is tough to lose your job, but I don't fault Shell's management for that decision.
I know it is tough to lose your job, but I don't fault Shell's management for that decision.
Posted on 8/20/15 at 8:40 am to yellowfin
quote:
print the bumper stickers
The 1980s bumper sticker I want is from Texas: "Dear God, Give Me One More Oil Boom & I Promise Not To Piss It Away"
quote:
Shell has started to offer severance packages to senior workers
This is the frightening part. There's already too much gap between young employees and old in the oil business because of the climate of the 80s and 90s, this will only exasperate that.
This post was edited on 8/20/15 at 8:43 am
Posted on 8/20/15 at 8:41 am to slackster
In other news Shell Norco is making fat stacks right meow.
This post was edited on 8/20/15 at 8:42 am
Posted on 8/20/15 at 8:46 am to Hammertime
quote:lol
jobs in my market (Mechanical Engineering) are slim pickings right now
Posted on 8/20/15 at 8:46 am to notiger1997
quote:
Why do people make comments like this about things they know nothing about?
Bc it's the internet.
Posted on 8/20/15 at 8:47 am to LSU_Saints_Hornets
I ain't working at no plant, but what I do was service a part for anything with an engine, and a lot of those people are doing it in-house now to cut costs. Was thinking about switching to the engine/turbo side, but supposedly they are getting their work done overseas more and more because it's cheaper (to cut costs).
I'm just a worker listening to two MNC owners
I'm just a worker listening to two MNC owners
This post was edited on 8/20/15 at 8:51 am
Posted on 8/20/15 at 8:51 am to monsterballads
quote:
and yet their CEO's will make billions and billions this year
yeah, no...
quote:
Royal Dutch Shell Chief Executive Ben van Beurden will earn a total 24.2 million euros ($26 million) for 2014, making him one of the highest-earning FTSE 100 bosses despite last year's sharp fall in oil prices.
it aint chump change, but its not billions either. Go occupy some other street.
LINK
Posted on 8/20/15 at 8:53 am to TigerHam85
quote:
Glad my ford raptor and Dodge Viper are both paid off.
Dumb arse. Lots of engineers and other degree'd nerds in this bunch. Not oilfield trash.
Posted on 8/20/15 at 8:54 am to monsterballads
quote:
and yet their CEO's will make billions and billions this year
and yet you still continue to vote republican
Posted on 8/20/15 at 8:56 am to yellowfin
quote:
oil field trash collecting government unemployment checks" does have a nice ring to it
Oilfield Honey spending Government Money
Yea, oil sucks right now. If you're smart, you have investments and such. If you're an asshat then you're super fricked. And I know a lot of super fricked people being sent packing right now. Shouldn't of tried to live Arab rich while you weren't even Katy middle class.
This post was edited on 8/20/15 at 8:59 am
Posted on 8/20/15 at 8:56 am to mikelbr
quote:
degree'd nerds
I highly qualify for this, and I still blow that oil field cash baw!
Posted on 8/20/15 at 8:57 am to LNCHBOX
quote:
If it was $3.8 billion in profits, you might be on to something.
Are earnings not profits?
Either way that number is less than I thought shell would make in a quarter.
Posted on 8/20/15 at 8:57 am to Hammertime
You should've put all that in your parentheses and not "mechanical engineering".
My sister had just gotten a job offer from shell to work at one shell square. Wonder if this will affect her offer
My sister had just gotten a job offer from shell to work at one shell square. Wonder if this will affect her offer
This post was edited on 8/20/15 at 8:58 am
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