Thoughts?

Colombian lawmakers are investigating Ecopetrol overpaid JV with Oxy in Permian's Midland basin. How many wells are they drilling now? I guess that was their first Rodeo! Another victim tricked.

In May 2019, Occidental bought Anadarko Petroleum for $38 billion, taking on debt to outbid oil major Chevron Corp in a big bet on bigger growth in the largest U.S. oil patch in Permian Basin. The combined company was worth about $80 billion when the... — read more 

I thought it was positive.

https://www.yahoo.com/gma/more-1-200-students-test-164431778.html This is exactly what will happen if oxy forces us to back to Greenway next month.... Waiting for the first comment from a yes man middle manager saying something basic like... — read more 

How did she destroy the shareholder value so quickly?

Does anyone know when/if we are going to return to work? Honestly, I am worried they will make us go back with cases going down.

Does anyone know if OXY has shut down operations and how bad the hurricane is affecting the company?

Anyone got any news on the rumour they are cutting the contractors day rates again? Is this so they can pay the staff their annual bonus?

Great news! Management today announced that they will sanction a major new greenfield project in the Gulf of Mexico (GOM). The project will be named No Hope and will be located in the PowerPoint (PP) area of the GOM in a water depth of way over your... — read more 

I suspect your post got deleted because it mentioned a specific title that could identify a specific individual. Repost it without the title!!

Let me try to understand. VH destroys the company's stock by -80%, overpaid for assets that are not even worth half what she paid for. Can't sell any of the foreign assets. Keeps adding on new debt like she prints money. But she gets a raise?! Makes... — read more 

Predictions on return to work timeline? Go!

What else does Oxy have to sell that’s worth about $2B?

VH mentioned “many” employees want to return to work. From everyone I have talked to, no one wants to go back. When does everyone think they will force us back? I think morale will rank when they force everyone back.

Anyone really upset at Oxy here. Please post your reasons. It would be good to get a list going. Let’s start with they dropped the stock price and eliminated the dividend.

Have any people who took the VSP received OXY warrants in their Morgan Stanley accounts yet? Please no comments about how stupid it was to leave those shares there.

Not a good sign. He wants nothing to do with the common stock even with the new warrants. It could be a slow, multi-year, bleed to the end.

I write about oil and gas companies for Business Insider. Work: bjones@businessinsider.com Cell: 646-768-1657 Encrypted: Mail: benjijones@protonmail.com Signal: 646-768-1657 Here's my byline:... — read more 

Hands down. Worst place to work. lack of career development dependent on cronyism and nepotism to advance technical ineptitude callous decision-making incompetent managers promoted and kept ever evolving performance metrics ... — read more 

Here is the article from Reuters. Sorry for the cut and paste, but it is better than explaining it myself. (Reuters) - Occidental Petroleum expects oil and gas output to dip in the second half of the year and will not boost production until it... — read more 

This must be the new hoax. Shale Ponzi scheme 2.0. No you can NOT flood the shale. A CO2 molecule is 0.33nm. It is bigger than the 2nm nanodarcy pore diameter predominantly. Maybe if VH keeps repeating it it will become truth (for her). No CO2 cost... — read more 

Oxy cancels sale of Algerian assets to pay off debt, now considers them to be core assets. A year long effort all for nothing.

Focus on your debt ppl

What the heck oxy is doing fire VH and management

or does it seem like employee morale has never been worse? And this is not due to the pandemic and all that c-ap. It just seems like people are fed up with all the nepotism, and bad decisions, and manager abuse that they've just given up. It's like... — read more 

The sun is setting. It’s eerily quiet. Nothing has transpired yet but the tension is tangible. Lambs waiting for the slaughter. How will it happen? We continue to work quietly and cautiously. Perhaps they’ve been so preoccupied it will go... — read more 

20% only.

I wonder if oxy will cut our 401k match and reduce our benefits like xom? And possibly reduce our pay again. I am getting concerned again.

I’m 30, I’ve worked for OXY since I graduated and I am currently 1 year into my MBA. I am debating leaving the industry due to a combination of industry instability, climate change talk (look at BPs recent announcement to reduce their production 40%... — read more 

Second paragraph under "Debt is Manageable" - can anyone explain what the 2036 puttable bond that might come due in October is? https://seekingalpha.com/article/4363827-i-wouldnt-buy-occidental-even-oil-prices-recover

Anyone heard anything about the next round of layoffs?

Oxy board voted to partially restore executive salaries and slipped it in an 8-K released after market close Friday night. Seems kind of slippery, like maybe they didnt want anyone to notice. Thinking that they are getting ready to cut LAPC salaries... — read more 

LOL the governor of Wyoming is wondering why they're getting the silent treatment from Oxy. Is anyone surprised? Standard Oxy protocol. EC and mgmt continue to prove they are a bunch of unprofessional incompetents... — read more 

I wonder what will be discussed in the all-employee virtual conversation after the Q2 earnings call.

How would you rate your direct manager during this stressful period and why.... are they supporting you? are they motivating or demotivating? Does anyone feel loyal to their business unit because of a direct manager or is it the opposite, and they're... — read more 

Big companies are still cutting.

Wonder how much we are dishing out for the gigantic Oxy sign at Minute Maid this season?

https://www.cnn.com/2020/07/21/business/chevron-noble-deal-michael-wirth/index.html The Anadarko episode helped shape the decision to make a play for Noble Energy now, Wirth told CNN Business in an interview. "[It] reinforced our existing... — read more