We’ve all heard the saying “c-ap rolls downhill” and it’s so true when it comes to management decisions. The repercussions of those decisions usually end up being costly mistakes that the workers eventually pay for. We’ve seen it all, no salary... — read more
Cuts coming...
To protect my job and anonymity .. I need to be generic. I was asked to join a call this AM regarding something else non related. After the call, I unintionally stayed on a bit later as I was typing up a to do list for myself and overheard a... — read more
OXY Need another $6 billion os asset sales - What next for a fire sale?
Gulf, Me, Africa Oxychem? Permian is never going to sell as its a toxic Ponzi scheme Keep selling .. need another $2 billion in Q4
Don’t be impulsive
I work alongside a great guy but lately he is so fed up with the company he is thinking of just walking out. I can understand his frustration, we’ve all felt it a time or two. He thinks he can find similar employment, but c’mon we are in a pandemic... — read more
Its going to test $9 today
Lost my retirement and kids college fund with this POS
Oxy Stock
Now solidify below $10 at $9.69 closing. 52 week low is $9. That number will soon change.
Oxy’s management to consummate a “generational” deal (their words)
No shareholder vote $1 billion payment to CVX to stand aside Thanks VH you are a credit to stupidity
Oxy sells Colombian assets. Great news!
Sold to Private equity Carlyle group for pennies on the dollar. Desperate move. Tired of dealing with pipeline bombings and corrupt politicians. Oxy does it to Ecopetrol once again! Thank you for your 1.4B JV in Permian, we are not selling to you our... — read more
I am leaving
Took me a while to build up my courage, but my resignation has finally been handed in. I'll miss all the people I worked with but I can tell you with certainty that I will not miss the company. To all of you still at Oxy, I wish all the best. But... — read more
Inclusiveness?
So much for for being inclusive and one team. IT has an outage and Anadarko gets the blame. Luckily Oxy IT are so wonderful they spring to the rescue. Hooraaay for Oxy. WE ARE OXY!! If Oxy are so brilliant why did we pay Chevron a billion to go away... — read more
Applied for job - bad idea?
Work for another O&G but poking for a change. Just how much of a mess is Oxy?
Not even the hardware wants to work here!
;) A hardware failure within LAPC IT caused a domino crash with apps and services! “We accomplished our integration goals in record time”
Yoko Ono is calling her lawyer
What on earth did John do wrong to be d–g into this dumpster fire! If Lucy were not in the stars with diamonds she doesn’t have to acquire companies she can’t afford. I’m not sure that a cohesive thought during a commute will make us “come... — read more
Raising the BAR
Give me strength! The company is up to its neck in financial quicksand and this is all they have to think about. I won't be raising the bar, I will be going to the Bar to help me stop thinking about this madness. The whole of HR need to be gone as... — read more
Oxy holds well , no layoffs
The other majors even with better balance sheet are laying off people. There is nothing with Oxy. Is this the silence before storms ?
Cramer said our stock is going to low single digits
LOL OXY. Single digit stock...really?
Why Does This Website Keep Deleting Posts?
Sounds like OXY HR is monitoring this pretty heavily. Posts are being taken down even when nothing bad was said. I said OXY stock is going to zero and it deleted my post. What the heck, its true! Get a life, OXY HR!
Are Pertamina buying Oxy's Algerian assets
Rumours from Sonatrach Managers that a deals being done behind closed doors and will close in Q4
Is stupid VH still employed?
This woman needs to go She k–led the company i gave my best years to and destroyed my retirement hopes
Chevron Acquisition of Noble....Hey Oxy..advice?
Once the Chevron takeover is complete, what's your take on the likelihood of most of the Colorado field office and Denver getting the ax in a few years? Any advice on how Noble folks can survive? How did the Oxy acquisition of Anadarko affect... — read more
I had my kids college fund wrapped up with my Oxy stock
Its all but gone Its my fault I should never have believed that stupid woman I am LOXY and im am f—ed WFH? Stick it in your ass
Chazen, please fire Hollub!!
The board of directors’ #1 job is to hire/fire the CEO. What are you waiting for? All confidence has been lost. Do it now!!!
Down another 4% today
VH need to go She destroyed this company
Cramer came out and said it - Single Digits for Oxy stock
Has Occidental Petroleum fired stupid Vicki Hollub yet? What are they waiting on? What does it take? CEO bet the company that the demand for oil was going up and she lost. The company lost. Shareholders lost and to add insult to injury didn't even... — read more
How to know you are going to be fired
Refer to this post: https://www.linkedin.com/pulse/23-signs-youre-get-laid-off-catherine-byers-breet Specifically: (1) You are put on a PIP (2) Managers and HR stop conversing with you, avoid eye-contact (3) No direction in what to work... — read more
Amusing Video Someone Made About OXY & the APC Acquisition
https://www.ft.com/video/d2bdb8c4-fc12-4eb2-83ff-ee2c27ed80e9 Hate to say it but the video is 100% right. OXY is going down the drain fast.
Why do we have so many unnecessary layers of management at OXY
Look at the land group and you will see what I mean. 2 VPs of Land (why is there a need for more than 1), followed by unnecessary directors and managers. Makes getting documents signed almost impossible as everything has to be approved by at least 3... — read more
Paying Uncle Warren in cash
Oxy announced that Uncle Warren has a cool $200M cash coming his way Oct 15. This could mean a few very contradicting things since we have only paid in discounted stock till now. Which combinations do you think? Or did I miss one? Oxy has... — read more
Moodys Investor rating
Moody's Investors Service downgraded the debt rating of U.S. oil and gas producer Occidental Petroleum Corp to “junk” status in March of this year. I can't think of a better word to describe Oxy and its employees than this. Anything else more... — read more
Take over by Berkshire (Strong speculation)
Hear me out. Warren is the largest single debtor and now the market cap of the company is around $9.6B. Is it un reasonable for him to invest a bit more to then take it over completely? Ichan will get his and the new ownership will inject life into... — read more
Here is the idea
I am surprised that no one here has yet proposed a idea to help our company? We are the big company why don’t we all chip in $10, $100 or whatever to fund the company in these tough times ? I mean call me crazy but boy is all in. Show em how we do... — read more
Adding rigs!
Why are we drilling more wells in the Delaware? Shouldn’t we save $ instead of spending?
How many LAPC are making an effort?
Why dont they bring back the VCP or some other hybrid of VCP/CoC and let us go? I am only staying for the health insurance but im not doing a lot to earn it Its not entirely my fault but my boss is pretty ineffective and does not allocate me any... — read more
Is VH getting ready to step down?
I sure hope she is as the company will go chapter 11 if she stays
Q3 spin predictions
What are the spin doctors putting in front of VH and crew to spin this dismal Q into a win for the earnings call? WFH Selling 1 plane Selling Land and minerals to Orion Mining Getting year one of CoC done Failed Africa asset... — read more
WFH
So I was just out driving around and there a lot of people driving on the freeway during rush hour. It seems like it is more than 50% of pre-virus levels. These people are working at some office and they are not service people either, unless... — read more
LAPC Bonus Targets Slashed
Didn’t we hear “we won’t wait until change of control passes and then cut your compensation package, we’re not going to play games with people.” And yet today, just over a month past CoC protection, we find out our bonus targets are substantially... — read more
What were they main highlight of the call for you?
I think personally the sale of 1 plane is a start.