John S. Watson
Last quote by John S. Watson
We haven't seen 3 percent growth in the economy for eight years, and I think part of the reason is that we've had a heavy dose of regulation.
Mar 23 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which John S. Watson is associated, including oil and pricing. Most recently, John S. Watson has been quoted saying: “We haven't seen 3 percent growth in the economy for eight years, and I think part of the reason is that we've had a heavy dose of regulation.” in the article As Trump targets energy rules, oil companies downplay their impact.
Quotes by John S. Watson
Feb 17 2017
In the Permian, activity has picked up, and going forward we would expect to see some pressure.
Jan 27 2017
I have no doubt the administration will do that and settle on the right tax reform at the end of the day.
Jan 27 2017
Our 2016 earnings reflect the low oil and gas prices we saw during the year. We responded aggressively to those conditions, cutting capital and operating expenses by $14 billion.
Dec 22 2016
If you have to leave a company to get a new challenge, I think that's a really sad statement. I think it's a missed opportunity for some companies to not try to retain their workforce and keep them stimulated over time.
Oct 28 2016
We have made progress toward our goals of lowering the cash breakeven in our upstream business and getting cash balanced. Capital spending and operating and administrative expenses have been reduced by over $10 billion from the first nine months of 2015 as a result of a series of deliberate actions we have taken.
Jul 29 2016
The second quarter results reflected lower oil prices and our ongoing adjustment to a lower oil price world. In our upstream business,we recorded impairment and other charges on certain assets where revenue from expected oil and gas production is expected to be insufficient to recover costs.
Apr 29 2016
First quarter results declined from a year ago. Our Upstream business was impacted by a more than 35 percent decline in crude oil prices. Our Downstream operations continued to perform well, although overall industry conditions and margins this quarter were weaker than a year ago.
Apr 29 2016
Our efforts are focused on improving free cash flow.
Jan 29 2016
We generate enormous cash flow, even at low prices. So we're going to do everything we can to cut future spending.
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