I am a relatively large unitholder (100,000) and have followed the events here since December.
It is clear, circumstantially anyway, that PXD appears to have take deliberate and likely criminal action to screw the trust.
However, has anyone proposed a theory as to why they would do this?
What would their motivation have been, other than just wanting to keep the properties for themselves? Or is the motivation only this, purely financial?
To an outsider hearing about this case, the response is often incredulity as to why executives of a large corporation in the post-Enron/Worldcom era would engage in such activity.
