Originally Posted by
TwoStep
You should try listening to the associated webcast all the way through before casting your aspersions. Bethel clearly states that the company has lost a number of major bids, lost considerable money on S-92 leases, and says they will not invest anymore money into the oil and gas business and will complete existing contracts.
OK I'll make it easier for you to actually quote some text. Here's a link to the transcript. Care to extract where Bethel states that they are exiting O&G altogether?
https://www.babcockinternational.com...12.02.2020.pdf