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.
Bonus payout
Any definitive date on bonus payout yet?
Who let the dogs out?
https://www.reuters.com/markets/deals/occidental-explores-18-bln-plus-sale-western-midstream-sources-say-2024-02-20/
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.
Performance Bonuses and Raises
How many of you have received your evaluations? When are Bonuses going to be paid out?
How much are raises usually?
Just finished performance review and got strong. Curious with how much of a raise and how it work
CQ Acquisition, etc -Layoffs and VSP’s
Anyone hear if there are layoffs and VSP coming with these new acquisitions?
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.
Congrats! Another year of negative returns!
Another year of negative returns. Go Oxy!
Occidental Petroleum Layoffs 2024
Share any updates you may have about Occidental Petroleum layoffs? Any chatter, news or rumors?
Where do I get the custom Oxy merchandise (not the merch from the store site)
I've seen some people with cool custom printed bags, hats and shirts. The Oxy store is way over priced shipping is 10+. Where could one go to score some cool merchandise
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.
More govt control over Federal Leasing GOM............
At some point they are going to shut us down, and from what I can tell they could care less about all the jobs the energy sector employs. With the buyouts and this type govt actions jobs are going away daily for our... — read more
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
Any prediction on what asset will get sold?
Plan to divest $4.5b to $6b. Any guess on what asset will get sold? My prediction is GOM.
Another Permian acquisition looming
https://www.reuters.com/markets/deals/occidental-petroleum-talks-buy-permian-producer-crownrock-wsj-2023-11-30/
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
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.
Early career engineer here struggling with the team I'm on. Any advice?
So im fairly new to here as it is my 1st job out of school and the team I'm on isn't the best. All the other engineers are doing their own thing and don't teach, same with the lead engineer. Any advice with this?
Buffet hits 25% - implication as minority shareholder
https://finance.yahoo.com/amphtml/news/warren-buffett-adds-occidental-petroleum-090436288.html
Why I don’t want to post for OLCV, especially DAC
https://www.cnbc.com/amp/2023/10/25/shell-will-cut-200-jobs-in-its-low-carbon-division.html
Chevron buys Hess............
One less suitor for Oxy now. Within a couple of weeks Pioneer and Hess bought.
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?
Oxy and Middle East
Does Oxy have any exposure to Israel or Gaza?
Interesting article talks about Chevron considered buying Oxy...........
https://www.investors.com/news/warren-buffett-stock-chevron-mulled-buying-berkshire-holding-occidental-petroleum/?src=A00220
Vicki’s Oil Outlook (via Barron’s)
https://youtu.be/pk8Ee1Or57Y
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
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.
Is it just me or are the engineering department really unorganized?
Been here a couple of weeks but the department im in is really unorganized
Whats your grade and TC?
Just curious what your total compensation package looks like lately. Obviously very oil price dependent.
How experienced is the Oxy workforce these days?
It seems like from the posts that the work force is very green now. Not that it’s bad to have young professions but you also need experienced mentors.
How easy is it to move from one position to another at oxy like one engineering position to another engineering position?
Like whats the process like, etc