Wirth wasted no time in allocating his $1 billion treasure. Today the fencing when up around the block in front of 1500 Louisiana in prep for the Hollub Tower. 3000+ new seats will be ready for filling by early 2021. Hmmmm... Wonder where those will... — read more
Choke!
Chevron CEO has proven he is “all hat no cattle”. Even at $76 Anadarko was a steal. It’s share price had been crushed mostly to due to having a large asset in Colorado and poor financial results of Anadarko. Now they will have to pay a premium to... — read more
Why are people mourning loosing on this acquisition?
I can understand the CEO, but not employees. You do realize that it would come with major layoffs on both sides, right? Why would you want that?
Congrats Anadarko
Here you go.....Anadarko. You got what you wanted. Your dark days start with Oxy taking over you. You screwed yourself and Oxy in this 50% premium deals. Chevron must be saying .....thank you...for free $1B. We will go to next store for shopping....
8.8 billion. For Africa
Oxy CEO is so desperate to gain approval for this deal that she publically leaked 8.8 billion for Africa.. Chevron valued those assets at somewhere between 3-4 billion. She just guaranteed a counter offer from chevron or others.
Is chevron going to counter offer?
It was said Chevron needs to respond In 4 days. Is Friday the deadline?
Project Montana?
What is the word out of PRC regarding Project Montana?
Hey Over Here at ConocoPhillips
Please Chevron , ditch the Anadarko bid and buy Conocophillips and put our Execs out of their misery. It is getting embarrassing over here in "E"mbarrassing "C"abin 4 and 5. We have many wide and varied synergies to offer. No one believes in board or... — read more
Progress
I’ve only been with chevron for 10 years but in my opinion the company has changed significantly for the better in that time. MW is a humble, measured and inspiring leader and I have a lot of hope for the ongoing future of this company. “Deadwood”... — read more
Lets all chip in
We are big company why don’t we all chip in $10, 100 or whatever to fund the increase in offer for Anadarko bid ? I mean call me crazy but boys all in. Show em how we do things in Texas.
How bad does Chevron really want APC?
If I were Chevron I maight make a counter offer, but still lower than OXYs....then walk (or run). Looks like sleazballs at OXY and APC all have their hands in the cookie jar.
Anadarko Offshore Operators Need to Know!
We are hearing nightmare fuel over here $39/hr top operator pay 1 week vacation No mileage and training is regular time Only 8% 401k This is only for offshore guys. Can anyone confirm or deny?
Acquire OXY and Anadarko?!
CVX should buy both!
Any layoffs at Chevron triggered by the Anadarko acquisition?
How big is the possibility that some Chevron employees pay the price of the new company entering the Chevron umbrella? A new company with new employees id going under our roof. I can’t see that process happening without a big reorg. Who is going to... — read more
Chevron is the much preferred offer for Anadarko
The following is a summary of the stock performance under the current OXY leadership which has been in-place since April 2016. During this 3-year period (April 2016 - April 2019), OXY share price has DECREASED 1.5% whereas CHEVRON share price has... — read more
use this site more and invite more people!
the laid off loser who owns this site earns a fortune in ad revenue. sometimes they have to whip up a frenzy or at least some trolls to keep the pageviews cranking.
HQ
Heard HQ is moving to Woodlands! This true?!
Q1 call
What do you all think of the Q1 call?
APC bidding war
Will Oxy Poxy win? What is Wirth Worth?
Delek buying CUE?
According to google today it looks like our UK friends are moving to Delek
White Male privilege
Did another white guy in HR just get a triple promotion?
Which departments should we avoid like the plague?
For the APC employees, which organizations have poor leadership or have other major reasons to avoid? Any departments with reputations we should watch out for?
Next Acquisition Target Poll
What's your pick? Diamondback Energy: $13.29 billion; Concho Resources: $22.94 billion; Noble Energy: $13.03 billion; Pioneer Natural Resources: $29.58 billion; Parsley Energy: $5.81 billion; Apache: $13.96 billion; Hess: $19.22 billion. — read more
$20 billion divestments
In order to balance the books after the Anadarko takeover CVX announced they will divest $20 billion worth of assets, CUE will sell for around $2 billion, so what BUs are on the chopping block?
Severance Package
Were any Chevron employees offered a voluntary severance package during the Chevron- Texaco merger?
What happens with Chevron contractors?
I get that Anadarko’s contractors will be the first on the chopping block, but what happens with Chevron’s contractors. Are their positions in jeopardy as well (I mean more than usual), as the company will have a fair increase in workforce from... — read more
How does Chevron handle layoffs?
Is it merit based or some other criteria (nepotism, age, something else entirely?) I'm hoping it's merit based, but my experience with my previous employers has taught me not to take something I consider common sense for granted. So it would be good... — read more
Anadarko's workplace culture
Interesting article: https://www.bloomberg.com/news/articles/2019-04-16/-s-xual-playthings-metoo-moment-for-anadarko-s-denver-office Will the Chevron acquisition help to reform that culture? Time eill tell.
Will Chevron hire with misdemeanor ??
Will chevron hire you if you had a misdemeanor?
What does the leadership expect to gain from the acquisition?
The logical answer would be the assets, I know. I mean aside from that. Why Anadarko and why now? There were a lot of oil companies that could have been bought and there are a lot of assets that oil companies are willing to sell. What made them... — read more
Can we expect a reorg after the merger?
I understand that all the positions that overlap with Anadarko’s are potentially in danger, more or less. Aside from that I’m wondering will the merger encourage a company wide reorganization?Seems logical that the management will want to align the... — read more
Transitions Teams are already working, which Chevron Managers are most at risk due to the Anadarko acquisition?
Thoughts on who may be heading out the door?
Is Chevron Annuity a good deal?
Thoughts?
More Layoffs
with the acquisition of Andarco more layoffs will be round the corner. get ready
How did it go down with the Unical and Texaco integrations?
Anyone with any historical knowledge of how the acquisitions were handled with Texaco and Unical? From a people/lay-off perspective?