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This will include reduced exploration spend, a fresh look at capital allocation in longer-term plays, and asset sales spanning upstream and downstream," Mr van Beurden explained.
A near-term buyback can buy Facebook time to keep pressure off the company while investing in longer-term plays, such as growing its other platforms like Instagram and WhatsApp and investing in virtual reality.
As I said, I've been banging the table on that one for some time but it's possible that UNG moved simply because we were talking about it and not just because we had perfect timing - that's why it's good to pick up side money on the Futures while you wait for your longer-term plays to develop. .
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"They are looking at a longer-term play here," he said.
The longer-term play is going to be on engaging this entrepreneurial society that's coming in China.
The second, and longer-term play for Twitter, is MoPub's role as a matchmaker between advertisers and mobile application developers.
"We believe in the longer-term play," he added.
I think it has the potential to be a longer-term play.
For those interested in a longer-term play, check out HPQ's January 2007 or Feb. 30 calls.
The longer-term play is to rationalize that family, and getting more use out of that engineering and that manufacturing.
These businesses, the size and growth of the market make the shares an attractive longer-term play.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com