How many months of expenses do you believe you should have saved in the event of a layoff. I hear 3-6 months...is that enough???

Can somebody please explain here what does it mean when the oil price is in the negative, because googling it is just making me more confused. Is this for future contracts? For now? Are some companies actually paying to have their oil moved? What the... — read more 

Imagine we start back to office on May 1st. Exposed to the virus the same day. A week later, we get laid off and lose insurance . Two weeks later, our symptoms show up and we are dying with no income and no insurance. Man up. Lay off first and... — read more 

I've heard coworkers say that VH couldn't have predicted the current environment and situation, but quite frankly that's making excuses for someone who didn't do her job. Her job is to lead our company regardless of the environment, and she has... — read more 

Anyone talk about it in team meetings or hear something about where the cuts are coming from?

RIP

Whew! That’s a load off my mind. I didn’t think I would sell it in this crazy market. Only came down $15,000 off asking. Taking my LAPC severance and moving the wife and I out of our big ole house to a modest apartment to ride out this mess. I... — read more 

WTI now trading under $5/barrel, down 70% from last Friday ….

Squeeze out every last penny.

Interesting note... the last time oil was this cheap (~11.00) in December 1998, Oxy was valued about $8.00 at the same time... Think history will repeat itself?? Only -$4.00 to go!

Best thing to do now is all domestic operators shut it in and keep it in the ground. We will all lose more money if we keep producing at the prices we see now. Use the surplus.

IS IT STILL TO LATE TO GET ONE OF THOSE NIFTY SAVE MY JOB LETTERS FROM GR ABOUT SAVING XFL INSTEAD OF OXY?!?!?!??!??????

Just curious what you guys think... Upstream Midstream Downstream and refining Thanks

Start naming better CEO appointees to get Oxy out of this fluster cuck. It’s the best way to get Oxy to recover in shareholder price.

Will all go down at the next BOD meeting. Have heard this from a most credible source.

1) Bringing in the Apache mafia and then believing their loudmouthed BS 2) Taking $200+MM out of the Permian EOR budget for several years, all to drill Permian Resources wells, a stupid investment decision (All the while touting Oxy’s vast... — read more 

https://www.marketwatch.com/story/occidental-petroleum-ceo-base-salary-rose-65-in-2019-total-compensation-grew-13-2020-04-17 Occidental Petroleum Corp. OXY, +5.24% disclosed Friday that Chief Executive Vicki Hollub received a 6.5% increase in base... — read more 

Losing money hand over fist. Dream on if you think someone is going to buy the assets for 5bn at 30 dollar oil.

Netflix now valued at more than Exxon Mobil - my head is exploding

$600 million reductions? We can’t cut oil, most likely employees?

I'm trying to come up with a scenario of how OXY legitimately avoids BK, and besides a bail out from an increase in commodity prices, I just don't see it. They are clearly strapped for cash (paying Buffett his quarterly dividends in common stock)... — read more 

Does CoC for LAPC employees still hold up after an OXY Ch. 11 Bankruptcy filing? That Bankruptcy is looking like a freight train coming down the tunnel right now.

^Title of latest SEC filing^

Why does Oxy have extra layers of management? Things were simpler at APC.

What happens to our supplemental Retirement money incase of bankruptcy?

Buffet and Icahn will continue gaining control of this company. Interesting fights between the two may develop. We're in the middle.

Quantum Energy CEO on supporting Texas proration: “Don’t let the make-believe free markets destroy our Texas energy industry”

Have any colleagues been successful collecting Unemployment benefit after taking VSP? I'm the unlucky one that hasn't find a job yet. Don't know if VSP will make me disqualified from unemployment benefit. Thanks!

Since that's the only way Oxy knows how to make up for any kind of losses - in layoffs. A home explosion in Firestone on April 17, 2017 k–led two men. On Monday, the COGCC levied an $18.25 million on Kerr McGee, a subsidiary of Occidental... — read more 

OXY needs to take a very cautious approach in reopening Greenway. Greenway is quite dense and has crowded elevators. We need to see how this reopening of other places work first, number of new cases, etc. Most of us are working quite efficiently... — read more 

Source below... North America’s Oil Industry Is Shutting Off the Spigot Energy producers are resorting to the desperate measure of shutting in productive oil wells By Ryan Dezember and Vipal Monga Updated April 13, 2020 12:55 pm... — read more 

This whole place is a disgrace. I was quiet until that shameful letter they wrote for all employees to send. The more appropriate title would have been "Help make Vicki Hollub look like a complete fool." Embarrassing a company is trying to use a... — read more 

Hopefully we will all get that chance one day, but I am thinking things are going to be real different in how we interact with each other. I for one will not be getting on a crowded elevator, and will be trying to skip any meetings over a few people... — read more 

Come and see! He is Risen!

Is it just me, or does no one else believe in or respect the EC at OXY? I am amazed that there can be 40B in shareholder destruction without VH and the rest of her minions losing their jobs. Your employees have lost all respect for you/this company... — read more 

Article in Houston Chronicle, Friday April 10: Oxy wants U.S. govt financial aid for the oil industry, even as it (largest producer in Permian) urges Texas regulators not to interfere with market forces. Vicki Hollub, CEO, is urging employees... — read more 

Set up a book club and pack HR with SJW's. We'll be making money in no time. Believe me it's true.

What’s it like out there, guys? Thoughts on the next 3 months? I’m trying to decide between waiting it out or getting my house sold before the markets floods due to unemployment.