Does Oxy have any assets on Lake America?
GoA to be Divested to Chevron?
Rumor from IMAGE conference last week via Chevron personnel.
Oxy has been so much better lately
I don't know what happened, but the culture seems to have shifted. My manager went from being one of those horrible micromanagers to minding his own business, we backfilled two positions which made everything so much easer on all of us, and there has... — read more
Trump to bo-b Oman?
What happens to Oxy if Trump bombs Oman? We have a big position there don’t we? https://apnews.com/article/oman-iran-war-us-hormuz-a8298715a51159225d2f37a6d50ce682
One too many EVPs
Now that OxyChem has sold, it looks to me that we have an EVP with nothing to do. Where am I wrong?
Any updates on OQ?
Announcement was quick and departure was swift, any updates on reasoning?
Do we think Oxy will do layoffs?
Been seeing stuff on other pages saying we will and alot of movement within the company
Prod Ops taking over plants.
Been hearing rumors of prod ops taking over and running the plants. Who has heard this?
One time bonus
Chevron is giving one to each employee amid record profits. Maybe Oxy can follow suit.
Hilcorp
What assets did Hilcorp purchase? I
When are layoffs or packages coming
Employees are doubled in places after the hilcorp thing. Why?
Keep your job if you can....
It is tough out here finding a new job. If you have one with benefits and good pay try to make it work. It will get better some day, but it is really bad right now. I have been looking for a while after leaving Oxy and the whole job situation has... — read more
Oman business
So, anyone think Oxy’s Oman business is at risk because Oman is getting closer to Iran.
Oxy will not exist beyond 2028. Time to prepare yourselves
It’s blatantly clear that Oxy has all the hallmarks of a Marathon, Hess, Pioneer. Oxy has had a great run but has adopted practices and directives typically seen when a company is about to be absorbed and consolidated. Realize that there are Going... — read more
Richard Jackson the most generous CEO ever? what’s the Oxy story 3 to 5 years out
There are a lot of murmurs at the C suite about direction of oil & gas and specifically Oxy’s place in that space. Its evident that the Anadarko purchase poorly positioned OXY as a specialist player (Top onshore, EOR and ME partner of choice) and... — read more
Technical staff bonus update?
Any updates on the technical bonus for Engineers and Geos that was sent out last month? Interested in what percentages people are getting and how its being rolled out. Will there be a match to 401k?
Oil going $50/bbl. Oxy will be forced to make a move!
Back to normal Oxy team! Expect new leadership to create a new initiative with all the cute buzz words.
Reorganization for a BU
One of the BU had a huge reorg, do we know what the reason is, lots of engineers got shuffled around
Good luck and enjoy retirement Vicki..
I wish her the best and appreciate what she did for all us employees during Covid and the tough times we went through. She could have laid off many of us, and most kept their jobs, or took a generous VSP. I say this as an employee and not an... — read more
Trinidad
Congrats on the Exxon farmin. Offsets APC Guyana acreage that has been in force majeure for years . Also remember it had a high gas risk associated with it.
Possibility that Oxy and ConocoPhillips merge?
Eventually top tier locations will be reduced and reserve replacement will become a priority. Probability that Oxy merges with another company in the next 2 years
Is Oxy being marketed for sale?
This is the first time since coming to Oxy 10 years ago that I have really convinced myself that we are actively trying to get bought. Between the aggressive debt reduction, new CEO, divestiture of non core assets (Oxychem), delaying long term... — read more
Overhead increased
Adding all the extra employees to Denver City from the properties offloaded greatly increases overhead. Cost cutting? Fuzzy math?
How has AI impacted work?
Has Al increased the probability for layoffs at Oxy?
Why do production and reservoir engineers usually get promoted faster than facilities
Looked at a lot of the managers here and most of them are either a PE or RE. Have not seen many FE. Im in FE, is it better to switch to a PE role
Berkshire Hathaway: Oxy needs to simplify
Time to simplify and monetize Oxy asap. The games and PowerPoints no longer work…serious integrity issues in the field coupled with disappointing performance results. New CEO will soon need to create a vision and reduce company footprint to only the... — read more
Can Oxy Coast doing the same thing with the same people on the same assets…
Will Oxy pivot or concentrate on areas of strength or continue this bifurcated shyte show for ever…Oxy Greenway, Oxy Woodlands, Oxy International…when are all parties collaborating and when will Oxy have the courage to divest assets that no longer... — read more
Low Carbon Ventures?
What is the deal with Stratos? I haven't seen an update in months, and there is nothing on the 1.5 website. What about the other ventures? Terralithium? Cemvita? Net Power? Is any of this panning out? No news is bad news?
You were only dreaming....
That Oxy stock was on the way up. Down 6% in early morning trading..$55... If the stock drops back into the $40's again, you are waist deep in alligators. Aunt Vickie isn't here to look after you.
Thank you, Vicki Hollub!
With a heart full of appreciation, l want to say a BIG THANK YOU to our amazing CEO, Vicki Hollub. Thank you for all you did for Oxy’s employees. Thank you for more than doubling Oxy’s production and for your wisdom and foresight in lowering Oxy’s... — read more
Just moved into new role as a fresh engineer and disliking the role/team
Background, fairly new engineer less than 3 YOE and im on a new team (not by choice) and the team is not what I was expecting it to be. This role/work is better suited for someone with more experience. I want to leave this team already and advice on... — read more
Ding-Do-g! The Witch is Dead
This is my favourite Wizard of Oz song.
Will RJ take away WFH Mondays?
Hopefully not, but he starts June 1st as CEO. What do the Kalshi betters at oxy think? It’s a sure way to be disliked and have huge turnover immediately, but he may not care and follow Chevron and Conoco footsteps.
Free at last
Sold the rest of my stock yesterday. Finally my liberation day from Oxy. Wish I could say the last six years of holding this paper was fun but it wasn't. Lots of luck with new management and I hope the stock price doesn't drop back into the 40's... — read more
Which asset su-ks the most?
I work in resources and all i will say is from experience so far Delaware both TX and NM are pretty bad management wise