Topics regarding layoffs at Occidental Petroleum Corp.

Topics regarding layoffs at Occidental Petroleum Corp.

2024 Raise, bonus,LTI

Since we had people sharing last year. Anyone mind posting what you guys received this year? 21,4% raise ,20k bonus, no stock Less than last year but it's ok I think last year was an anomaly.

Who let the dogs out?

https://www.reuters.com/markets/deals/occidental-explores-18-bln-plus-sale-western-midstream-sources-say-2024-02-20/

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| 1050 views | | 4 replies (last February 22, 2024)
Post ID: @OP+1rahXYNS

Crownrock delay.........

https://finance.yahoo.com/news/1-occidental-says-crownrock-deal-200843444.html I thought the govt would be happy the oil field was getting smaller by the day. Guess they can't make up their minds.

Steve Chazen

This guy was bad for the company in that he did not support international BD. Seems like he wanted to get back at Irani. Yes, for those opposed to this post we can comment about dead people and be OK with it.

vSP

Is Oxy offering a VSP program in 2024 concurrent with the new acquisition? There are lots of people who passed it up last time ready for the program now. They deserve it because they stayed to help Oxy with the Anadarko takeover and transition.

Manager not happy about wanting to switch teams

Basically, I got approval from everyone to leave to join another team except him. This includes his own manager. He was not going to reject it but he was not happy about me wanting to leave.

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| 1840 views | | 7 replies (last February 14, 2024)
Post ID: @OP+1qdPbrgp

New campus location

Any guesses where the new campus might be? I saw a nice big empty looking lot between Richmond and Alabama and BS and Edloe on Google Maps satellite.

Good interview on CNBC this morning

https://www.cnbc.com/video/2023/12/11/occidental-petroleum-ceo-on-12b-crownrock-deal-provides-scale-to-our-midland-basin-operation.html

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| 1000 views | | 2 replies (last February 14, 2024)
Post ID: @OP+1q1Bztb0

Licensing direct air capture vs owning

Was there a strategy shift in the last couple of weeks? I thought Oxy was supposed to build and operate 50? 70? 100? plants and sell credits. Now they are talking about licensing them instead? I'm not complaining - as an investor, I wasn't sold on... — read more 

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| 1530 views | | 4 replies (last December 11, 2023)
Post ID: @OP+1pE1N7NR

Hollub still there? Pitiful.

Oxy. Always has been a loser, and its leadership from CEO to Managers, always lacking and incompetent. Is it even an oil and gas company now, or a green-wannabe? No wonder Chevron did a hard pass. Vicki as CEO still makes me laugh.

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| 1590 views | | 7 replies (last December 11, 2023)
Post ID: @OP+1pDML0Xc

Houston Business Journal headline

“Major Houston energy cos. reportedly in talks to be acquired amid expected new era of shale consolidation” - anyone rumors on who’s talking to who?

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| 1400 views | | 5 replies (last November 1, 2023)
Post ID: @OP+1pblsdJ5

Bonus question

Do you have to wait one full year after you are hired to be eligible for bonus or is it prorated?

Oxy and DAC..............

Per the below artice it looks like Oxy basically had the federal govt pay for the recent acquisition. Seems like Oxy really got out in front of the whole green energy demands on the industry... — read more 

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| 1380 views | | 2 replies (last September 21, 2023)
Post ID: @OP+1okPeDp1

Oxy reorg?

Is there more reorganization coming? It seems like now is the time to clean house.

Another quarter, another earnings miss

Seems par for the course. But at least the world got to see the Oxy logo on the Astros jerseys after Framber’s no-no yesterday. Is capex going up for DAC or for oil and gas production?

Land Department Turnover

Why is there so much turnover in the land department? It seems especially bad lately, are people just unhappy? Seems like quite a few folks are also leaving for renewable energy jobs or oil companies with much better pay.

Whats your grade and TC?

Just curious what your total compensation package looks like lately. Obviously very oil price dependent.

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