The stock is also responding to the great 2Q results. One of the few E&Ps to beat expectations. Some people on this board don't understand that writedowns - but most people do. (And that is why the stock price shot up over the last few days). It... — read more 

On the brite side, I can say for sure that I have nothing to do with this loss. :) ( and so a lot of other people that got laid off). On the sad side, the policy of laying off hardworking people and keeping the useless, pathetic, managers running the... — read more 

Our company runs flat, except that it doesn't. You are not better than Conoco you are Conco creating jobs that don't exsist or there is no need for just to make people happy. And of all people to make an operations manager. I am no longer impressed... — read more 

So we gave away $200MM in value on Barnett. How much was our misguided generosity this time?

It's just 3.44 billion nothing to worry. Next on chopping block is some random BU.

After a few years of losses you are talking about some real money

The ELT (captain and officers) are just going for the ride. Why not cut the executive compensation 50 percent. They could either leave or get to work. Remember, at the last shareholder meeting, the ELT was publicly embarrassed when 68 percent of... — read more 

So COP has lost how much money and laid of how many thousands and this tool is still there? https://content.streamhoster.com/preview/ddc2/ConocoPhillips/Malcolm_v1.mp3?autoPlay=1&width=640&height=35&showPlayBtnOverlay=0&controlBarAutoHide=0 Really... — read more 

COP is like a row boat that is dead in the water. Oil price current goes this way and the SS COP goes this way. Oil price current goes that way and the SS COP goes that way. Unable to stay a course. Is the COP captain & officers on board? Is the COP... — read more 

True, this office was and is infested with butt sniffers and their lapdogs. Incompetent managers and supervisors, managers and supervisors sleeping with one another, managers and supervisors who bragged they sat on the laps of the VPs and Presidents... — read more 

COP traded as an "independent" E&P company on May 1, 2012 w/ essentially the same ELT & BOD in-place. The following is a summary of stock price comparison for the premier shale independents (Pioneer, EOG & Concho) on May 1, 2012 (05.01.12) & July 20... — read more 

How do we fix this place. Pathetic management is ruining it. The nepetism is so bad and the quality of managenet is terrible We have operators with Highh school education and a bs certificate making million dollar decisions

Has anyone heard what the final numbers were for this found in Bartlesville and Houston? I heard 160 in Bartlesville alone and that there were more to come? if so When? However, as we know there are lots of opinions/rumors so I am not sure which one... — read more 

If we would go ahead and shut down our operations in Bartlesville then along with personnel reductions from asset sales we would be done with layoffs in lower 48

https://www.fool.com/investing/2017/07/18/is-conocophillips-too-big-to-grow.aspx

COP traded as an "independent" on May 1, 2012 w/ essentially the same ELT and BoD in-place. Share price was $58/s w/ an annual dividend of $2.64/s. Today, July 20, 2017, share price has DECREASED to $44/s and the annual dividend SLASHED to $1.06/s... — read more 

If 40% or higher across the company are not gone by the end of 2017 there will be another round next year. From past experiences I can play I dare you to our management and know I will win. So I guess they will choose 10% cut every year until 2021... — read more 

This is sad. Why not not just sell off entire MCBU as there is no longer any significant holdings to support or justify retaining as a BU. Considering Bakken & Eagle Ford are also money black holes with no possibility of reaching breakeven, it seems... — read more 

What's happening in Bartlesville? Did the offer any transfers? Have they finished yet or still working through the list? We know they announced they would be laying off 170 in Bartlesville after the Canadian asset sale and San Juan has sold since... — read more 

MCBU?....?? What is that? Barnett: Sold Panhandle: To be sold Anadarko: To be sold Permian-Midland North: To be sold Permian-Midland South: To be sold Permian-Hobbs West: To be sold Permian-Maljamar(Caprock): To be sold Permian-Delaware Shale: Should... — read more 

Does Magnolia still exist?

Source below, Bartlesville cuts... ConocoPhillips is apparently poised for a round of layoffs. No numbers are being discussed officially but a company spokesman based in Bartlesville says some jobs in Bartlesville are being impacted by the asset... — read more 

No number yet, but layoffs at Bartlesville have now officially been reported. Of course, the company is giving the good old "we are still committed to the community" spiel. I guess the community does not include its people? More info here:... — read more 

I heard today that Conoco sold its last remaining Canadian assets and the announcement will be this week... Can anyone speak to this?

Any estimates for EPS for upcoming QII earnings? Is expecting positive EPS still far fetched?

Most finance jobs are going to Houston by the end of 1st Quarter 2018. General Accounting, Treasury, Audit, Tax are all going. PRA is one of the only groups not going until 2019.

Anybody hear any leaks from the Boston folks? Just curious as to the size and magnitude this round has been pretty tight lipped. Seems information this round has been just a bunch of nonsense, as opposed to prior rounds where we got meaningful... — read more 

COP is in serious trouble. Any upward movement is immediately driven down by desperate sellers giving up and trying to minimize losses. Major changes need to happen ASAP before ELT drives this company into the ground.

Heard there were layoffs this week. Any truth to the rumors?

For those of you who believe in data (I guess that excludes all the voters for current president) read further. Copy paste this data in excel for better view. Company Price 07/14/2014 Price 07/12/2017 % Loss/Gain P/E Ratio % Beat Estimates last 4 Q... — read more 

Good luck to those employees in Bartlesville. I heard next week is going to a rough week for Finance employees.

Eco project - Why did the clueless people from Cost 1.0 get selected to work the Eco project? They couldn't figure how an independent company works the first time around...

Butt sniffing continues at advanced rate, as Fall layoffs approach. Houston pets continue to prove why the expense moving them here was not worth it during the time of cost cutting measures.

As of 10PM the are in front has been coned off as it was when we had major layoffs a couple of years ago. Good luck to the finance people mostly affected.

So called "research center" in Bartlesville is nothing but a waste of money! There are bunch of technicians, none of them have any college degree or skills to perform their duties. Most of them are related to each other in some way or other and all... — read more