Contains all the details. There is a clause prohibiting APC from engaging in negotiations with third parties regarding alternative acquisition proposals. Exhibit 2.1 is the full Agreement... — read more 

What is the outlook for those on the Mozambique project?

APC hands day of reckoning is near! When the deal is done, Chevoxy will lay off everyone who is not a EVP or pumper...I hope you’ve treated your vendors fairly and showed respect to your competitors. There’s a whole lot of folks in the oil patch who... — read more 

A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance before the race. On the big day, the Japanese won by a mile. The North... — read more 

I spent 30 years in the oil industry. I started in 1986 with Chevron when the price of oil was at one of its lowest points in decades. I was offered the job just before the price collapsed. Chevron honored that offer and never let me go despite... — read more 

$38/share in cash and 0.6094 OXY shares. APC up 9% pre-market, OXY down 6%.

Top executives receive increase in payouts one day before announcement of buyout with Chevron. Makes you feel all warm and fuzzy inside.

I have a strong oil and gas background for a college student. I'm from rural East Texas, so naturally, I went and worked out in the field for a little over a year. Additionally, I had an internship with an oil and gas consulting firm. I'm finishing... — read more 

Value of ANDAR excluding debt is $33 billion. Simultaneously, CHEV announces it will divest of $15B-$20B in the two years post acquisition. Even if you survive to become an employee of Chevron, you have to worry about assets being sold to another... — read more 

Severance will be taxed just as a bonus would, and the IRS code calls for around 25% to the IRS. Then add the SS and Medicare tax and you will have around 32% off the gross amount. The good thing is that should cover you for the year as far as the... — read more 

Enough already. Nobody know the answer to all of these id--tic questions. All we can do is see what happens. We will know soon enough. We all have marketable skills. This is standard operating procedure in the oil patch.

A lot of people expressing their opinions on what’s gonna happen to the workers after the company is acquired. Has anybody had any experience of being in a company that is acquired by another company, or are all your theories just basinly guesses... — read more 

Feel for those left. Walking into the unknown everyday. Horrible way to live, not fair to your family, and trust me! Al and especially HR do not care about anyone. Chevron will have a mess to clean up with all the good ones gone, wrong people in... — read more 

I usually take two hour lunches to work out and run errands but I still get my work done during normal business hours. Does Chevron frown on employees working out at lunch or taking long lunches in general? Are most CVX managers clock watchers?

Leaving really isn't that bad of an option. *Get to choose a better place to work, -* Having a layoff in your work history makes people less likely to hire you. *The dollar amount lost in not getting serverance is not much in the long term. Better to... — read more 

So many people are talking about quitting before the merger is finalized - why in the world would you do that? The more people leave on their own, less severance Anadarko (and Chevron) will have to pay. You are literally doing them a favor. Stick it... — read more 

I got laid off in 2016 after 20 years with the company in place of folks who were faster, savvier, more forward thinking (i.e. younger & cheaper or friendlier with the boss) than me. It's amazing how life has a way of putting you in your place when... — read more 

How will the MLP be effected? Or is it already a forgone conclusion?

If you are bothered that much and don't have a lot to lose I would leave as soon as possible. Once the layoffs start there will be more competition on the streets for jobs. You will have Anadarko and other ex-employees from companies out looking for... — read more 

Does CVX have a referee? I sure hope so.

Lots of talks about this so-called “The Chevron Way” ... it looks like it’s The Chevron Way or The Highway.

I heard a rumor that RAW will be using his payout to build a retirement home on the Meatrack of Fire Island. Can anyone confirm?

Layoffs of non essential personnel will begin sooner than you think, but not until the acquisition is complete, proper management and turnover tasks are completed. As low level some of the back office functions may seem, there are vital records that... — read more 

I’ve been working as a contractor for Anadarko, periodically. In other words they would call me for a gig from time to time. Any info on will the current practices regarding what people they call in when there is a part time gig change. Can the same... — read more 

Frankly, I'd be happy to leave this place and maybe take the place of somebody who really wants to stay at Anadarko - or Chevron, as it's going to be. I'd volunteer in a second (if a decent package was offered, of course.) What are the chances we'll... — read more 

When will layoffs start for back office personnel?

CFO code for layoffs, benefit cuts and office closures.

So, how long will it take before things go back to normal? Before the entire merger thing is behind us and we can once again focus on doing our jobs instead of worrying about layoffs, firings, pay cuts, and whatnot? I'll admit, I'm already really... — read more 

How is Anadarko land dept structured? Are the surface and mineral reps on seperate teams? What percent are surface vs mineral?

Chevron’s jaw will drop when they find out APC pays West Texas employees a 25% geographic premium... be prepared to kiss your 25% goodbye...

The survivors will always suffer survivors bias. "Good things happened to me and bad things happened to you because"... I am better, stronger, faster... luckier...better lineage...have a guardian angel..whatever. We want to deny randomness. We can't... — read more 

Forgive my ignorance on the matter.This must be common knowledge for you. I’m not an insider, but my husband and his brother work at Anadarko. I was hoping someone could answer me, will Anadarko remain a separate entity under the Chevron umbrella or... — read more 

https://finance.yahoo.com/news/s-xual-playthings-metoo-moment-anadarko-090023297.html Any truth in this article or is someone just trying to make trouble ?

There may not be many of us in the grand scheme. But what about us that opted for a pension paycheck for life during the purge of sixteen? My checks have "BNY Melon" as well as "Anadarko Retirement Plan" stamped on them. I've heard bad reports about... — read more 

If we are acquired by Chevron and then laid off (and I think there'll be plenty of that - in addition to all the layoffs we'll see before the acquisition becomes final,) do we get Anadarko or Chevron severance package? More importantly, do we get a... — read more 

May you get at least .50 cent return on every dollar you invested May you still be able to sc-ape together enough money for a 6.2L Ford pickup in place of your RAM 2500 May you get 70% of the resale value on your boat. (Provided the fishy smell is... — read more 

Was there an employee townhall today at the Woodlands? Any information?

On the 50+ suing statement you need to get real. Do you really think these large companies don't have it figured out. If you are offered an exit you will sign a piece of paper saying you basically waive your rights to sue. If you don't sign it you... — read more