What is the new timeframe for workers to come back to Greenway?
Never Mind
We're going down fast, not going to survive past Thanksgiving...wait what, stock up over 16% so far today, and oil hovering around $43??? O.K., never mind then.
Occidental Petroleum Layoffs 2021
Is this going to be an interesting year as it relates to Occidental Petroleum Layoffs 2021? Any news or rumors?
Happy Thanksgiving
To all L-APC who've dealt with the clowns in HR who won't answer simple questions, been buried under extra layers of management, seen friends and co-workers laid off or leave, and who probably STILL don't have Oxy usernames from IT, HAPPY... — read more
Layoffs
So if oil price recovers somewhat to 45-50 $/bbl would Oxy still have layoffs? Seems like they have way too many people for the business even at higher oil prices.
C11 Soon
Its coming and VH cant stop it with her fireside chats Big debt and c-ap assets nobody wants The company has lost 90% of its value and people are celebrating $13 as share like its a huge achievement Desperate people to deserve to lose everything — read more
C11 this week on Thursday at 3 pm
Note this
Stock up 30% in one month!
I can't wait to hear the doomsday predictors explain this. Move on. Nothing to see here.
Even Cramer the clown thinks Oxy s---s
Cramer said that the market loves the oil industry right now. “What you have now is a thesis which says that oil is going to go higher and so I say go with the JP Morgan call and sell the stock,” he said.
Fourth time in the past five quarters that the company missed bottom-line expectations.
Well done VH - Your leadership raises the BAR
Contractor rate reductions
If decision on contractor rate reductions is with the board of directors level, do the BoD have the right information on how much money Oxy is really saving? Rumors are it has been exaggerated by supply chain and is not accurate.
Annual Raises?
Why haven't the rest of us gotten our annual raises since apparently we are promoting 5 people to director roles in BD. BD should be non-existent after the APC deal since we should no longer be acquiring ANY other interest ever as we cannot afford... — read more
Embarrassed and Hiding
Not a word on the OxyNet page (Intranet site for employees) about today's Q3 earnings call. Speaks volumes about how Oxy leadership thinks about the company. Hoping the employees look away from this train wreck footage?
New narrative for earnings call
This AM's market allows Vh and crew a chance to survive a little longer. The new narrative will be.... we told you to wait and see. This narrative will be the primary message and this leadership team will be given a free pass because of the huge... — read more
Chapter 11 before Thanksgiving
Its inevitable
Why has VH not quit?
She has no shame that woman ...................... Go VH please and let the healing begin
OXY Operator of Choice
Guys, no matter what happens in the election tomorrow, I just hope everyone knows everything is going to be alright. It doesn't matter who wins, because at the end of the day we can hang our heads high knowing we are still the operator of choice. We... — read more
Can’t do anything right the first time
Poor admin gonna get fired for daring to send out an email on behalf of AK without including his photo. Backstory, they sent the same GOM wide email twice. The first time using regular format, then four hours later with html format and a photo of... — read more
Please lay us off and give us a few months
LOXY here. I am so tired of this company... I wake up every morning asking myself what I am doing here. My life is wasting away in a company with no prospect ... I wish I had another option ready to jump the ship but I don't. However, if OXY... — read more
HR Training
So you all know. Courageous Conversations is CRT training and it will get into every meeting you have. The pioneers are most likely being trained up now. Do your research into this so you know what it's about and you're informed. How a company on the... — read more
The wreck of a hundred year old company
June went by and there was not even a word of our 100 year old birthday as the company that Armand Hammer founded. VH was able to destroy decades of improvement and a financially solid balance sheet in a matter of a year. Nepotism, Apache mafia... — read more
Drip Drip
WTI down 2.5% to $34.87 as I write this.
Wake up. Those managers no matter what level will be safe
Nobody needs solid technical workers or critical thinkers. Just lots of PowerPoint experts and “leaders.” They are protected by salary, bonus , stocks and keep their job. Just see the recent onshore announcement. Same people , same number of... — read more
Future of Plastic?
https://www.smithsonianmag.com/smart-news/engineered-super-enzyme-breaks-down-plastic-180975949/?utm_source=facebook.com&utm_medium=socialmedia&fbclid=IwAR0OdP3KuUOzboKIjYYOnmkTW855_Q0gGHch8tlF3ZIAammMX25EuXGIyXk
Management protects unproductive workers?
There are many employees who have been working 14 hour days for almost 2 years now while others have absolutely nothing to do. Let the unproductive ones go and fill in where needed to spread the workload so quality doesn’t go down. Lazy Managers... — read more
Article and Oxy and COP............
https://www.houstonchronicle.com/business/energy/article/On-the-road-to-a-deal-Conoco-and-Oxy-ended-up-in-15687724.php
WFH
Any updates on the WFH option or date where it ends and the workforce has to go back to Greenway.
Imagine that..............
Chevron announced a 1.29 per share dividend to be paid Dec 10th. That kind of sums it up from our end. Totally unreal from before we bought Anadarko. There is no way a .01 dividend is what any stockholder expected. Just makes me sick.
Lucky?
Oxy closed at $8.88 today 8 is a lucky number for Chinese gamblers. Trying to put a upside spin on the news 🤗
Raising the BAR for LAPC 2020
Don't forget you need to submit your accomplishments for the year, it is due Oct 31. Here some advice on what you could add: Watched the full season of (enter favorite show here) on NetFlix Loss 10 pounds taking the dog out, jogging and running... — read more
Onshore Leadership Update - Same old cronies, nepotism, lieutenants and askissers
More disappointments. No retirements, no VP positions eliminated. JB body guard Centeno getting promotion. Avery lieutenant on the rise. Sevin encroaching power. Poor Barnes stretch out before retirement. Apache mafia keeps their strongholds. We need... — read more
Fund Covenants
Few people know this, but $5.00 is a magic number for most funds covenants, in that they are not allowed to hold shares on companies that trade under $5.00. Buckle up and expect the decline to accelerate! They usually give a quarter for the... — read more
Where Do We Give The EC/BOD/VH BAR Ratings??
I feel like they may not get good marks and possibly get put on a performance improvement plan...
Has VH and EC sold the stock short?
Why else would they sit on their hands as it goes into freefall and all of the staff watch their life savings disappear around the u bend
WHERE IS THE LEADERSHIP??
I often wonder how so called leaders come out and make announcements when things are good, but true leadership is when they come out and make announcements when things are bad. I am not seeing tru leadership with Oxy. As a large shareholder, I am not... — read more
Fooled by Inexperience and overconfidence
The big demise caused by VH over Oxy is just comparable to the one caused by Long Term Capital Management to its investors by late 90s. Quoting Taleb “they made absolutely no allowance for the possibility of their not understanding markets and their... — read more
At What Level Do You Receive Stock Bonuses at OXY?
I am 9 year employee and I am curious who actually gets stock bonuses at the company. I definitely don't, but with all of these employees sweating the drop in stock price ruining their life savings I assume a lot of employees are paid in stock.