Occidental Petroleum CEO Vicki Hollub said the war in the Middle East would be settled more quickly if NATO and European countries backed the US and Israel’s military strikes against Iran.
Bandit
So do we think the recent discovery announcement will be worthy or a Gulf group chasing glory days of old & fighting to stay relevant?
Test post
Test only
Oil prices
So how is the American public going to react when we pull out of the Iran war without opening the straight up. People have hinted that prices will come down. But they won’t because the US is tied to world supply and demand. So now the other... — read more
Barrin’s: Occidental CEO’s Tenure May Be Over. It Hasn’t Been Good for the Stock.
Occidental CEO’s Tenure May Be Over. It Hasn’t Been Good for the Stock.
Sold at $60
Waited a long time to see Oxy over $60 again. Couldn't resist selling. Still have more if the administration starts bo----g oil and gas fields.
When RJ becomes CEO, will he push for more people in the field?
Heard he wants more folks to be in west Texas
Layoffs in general......
Layoffs do happen often in this industry, but right now is especially bad for finding a new job. If you think there are layoffs coming start putting out the resumes and making connections now. I know people that have been looking for work for a year... — read more
Another M&A win for Vicki and Oxy
https://www.barrons.com/articles/berkshire-deal-for-occidental-chemicals-unit-is-a-winner-51a720f0?siteid=yhoof2 OxyChem valuation up ~$3B since Oxy sold. Deal was done in tax inefficient manner. Oxy retained Environmental liabilities. Oxy didn’t... — read more
Thinking no layoffs are coming is not very smart
Oxy cuts when oil prices are down, when they are up, when results are bad, and even when they are good. Basically, it can happen at any time. It is best to always expect layoffs here.
Raise A Disappointment
Bonus payout was good but anyone else get laughable salary adjustment?
Crude prices / Oil stocks?
With the big jump in oil price, I expected stock price of the oil majors (particularly the ones that don’t ship through the strait) to jump proportionately. They are actually flat or slightly down. Thoughts?
Bonus & Raise
Any rumors on what bonus payout will look like ? I’m over due for a promotion but it looks like this year will be another year of waiting.
Any layoffs coming?
Looking at the 4Q results and current price of commodity prices, do you anticipate Oxy might be force to do layoffs this 2026?
DAC time to make this project a reality whether it makes sense economically or not
DAC will create direct and indirect jobs and give new technology entrants an opportunity to test this technology. The highlights More jobs in a tough economy Test new tech and discover new tech Burn lots of natural gas to create electricity to run... — read more
Occidental Petroleum 2026. What major changes do you foresee for this year?
Oxy involved in a major divestment or is purchased as a reserves play? Leadership direction and composition? Stock price and fundamentals? Overal morale and employee engagement?
What is happening at the Midland office?
Lots of EMS, fire and law enforcement on site.
DAC Dilemma
Vicki made a huge bet on DAC. To me, the business case was always shaky even if it works PERFECTLY. I’m told it is over schedule and over budget, and we just got rid of OxyChem, which could have been a critical resource. What if it doesn’t work? ... — read more
Bonus Target?
Any guesses?
Why does HR here su-k
Is it possible to hire actual competent HR people?
Is Levelland area getting sold off?
Heard someone say that but I haven't heard anything
Blocked from applying to lateral ORCM internal posting
Why do we still publish internal job postings if managers can still easily block someone and prevent them from being considered for the role? And more often than not, the roles are prefilled with an internal candidate but posted anyway. There’s... — read more
Good for VH
VH had the good judgement to stay away from this Venezuelan investment opportunity. This country is riskier than Libya and Iraq.
Today Is The Day
RJ reign begins.
Big Changes 2026
What are everyone’s guesses as to what happens within Oxy for 2026?
Why did we start building tankless facilities, they don't work
Tankless facilities are expensive and they don't work, oxyrock just came up with a facility design that's half the price and still uses tanks like normal and is about same emissions as tanked.
Thank you WB
Today is his last day at BH, if it wasn’t for him Oxy would have been bought a long time ago.
I’m genuinely worried about possible layoffs
I imagine many others are too. Around me, it’s mostly middle-aged folks like me, with mortgages, families, and bills that never stop growing. I’ve been looking for another job, which has only added to my anxiety. My wife’s position is also uncertain... — read more
How many took VSP?
Only counted two on Linkedin announcing the news... I'm guessing not enough old guys leaving to stop the second phase... involuntary layoffs.
Occidental Petroleum Layoffs 2026
This is a master thread about Occidental Petroleum layoffs? Any chatter, news or rumors?
Alot of reorganization happening
Could this be richard Jackson's doing as Vicki will probably retire so gotta shake up the org
Any word on the street?
Rumors have it that very few people took the VSP. Do anyone knows if there might be layoffs coming in early 2026 with the low oil price environment? What are you hearing from your end?