Guess we will hit $50 sometime next week
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Topics regarding layoffs at ConocoPhillips
Any word on selling the BU? How about staffing reductions? The mood s---s in Calgary.... always waiting for the email to say reductions are starting soon....
ConocoPhillips demonstrated the ability to run the company and close August sales remotely. Personnel were shifted to Dallas and Bartlesville to accomplish these tasks during hurricane Harvey. This demonstrates communication and various business... read more
So this is the end of this season of hunger games. See you during next season.
Was laid off from on 7/31/17 after COP sold San Juan. My last RSUs have yet to be deposited in Merrill Lynch. Does this process usually take more than 1.5 months?
I know field personel in the Bakken are extremely understaffed. I would imagine it's similar elsewhere? To layoff more people who actually work would be crazy but without a doubt we still have plenty of management overhang. Do you think this next... read more
With interior design completion of EC4 nearing and eventual move of all corporate support services to EC3 and EC4 it does not make sense to leave lose ends that don't have an absolute reason not to centralize to Houston. The argument to continue to... read more
Can you ask to be laid off when there aren't any planned? I'd walk away tomorrow or transition out over a several months if offered a package similar to those granted over the last couple of years. My guess is that this would be rejected outright and... read more
But don't worry, they are appropriately staffed.
The purchase of 27 million shares suggests an outlay of approximately $1.2 billion. How many Eagle Ford, Bakken and Delaware shale wells could have been drilled? At $1.2 MM/well, the $1.2 B would provide funds to drill 100 such wells...100 wells and... read more
With Houston offices closed for at least a few weeks, is any decision/communication/action from ECO delayed? Harvey has at least given us something else to talk about, but are we really going to let a bunch of people go after all many have been... read more
I heard that CNRL bought a big piece from CVE and have also bought the rest of COP Canada but won't be a solid purchase and agreement for another week. Here is hoping that will drive up COP's pathetic stock price.... please lord let this be true!!!... read more
Because we s--- at it so bad no other person will take the job or the Brits pleasure RL? Talk amongst yourselves..
Our miserable poster here told us all that COP was going to tank after the dividend payout today as an example of ELT mismanagement. Didn't happen after-all, and COP continues to outperform our peers. Time to find something else that can promise doom... read more
If you think you are anonymous on this site, just press F12 while in your browser. What do you see? Your network address - now press the network button and you will see more details. You can even see who uses AT&T or Comcast and there is a few from... read more
I used to consider myself lucky to be "saved" by Hilcorp thinking that even though I may make slightly less money at least I would be free of all the negatives that COP possessed. Unfortunately the ONLY difference is that I make less money. So really... read more
Good that COP did not clean out of Bartlesville.. Atleast some work will be done.. It is a tragedy what happened in Houston.. but too much growth ruined that place.. Should not have built millions of new homes with concrete jungle..
Paid Time Off Interest Free Loans Outreach program These are just some of the things COP is doing during the storm to make sure their employees are ok. I talked to some people I know from other companies and they didn't get all of this. Good job COP.
Does anyone have any information on how many of our folks have been significantly impacted? Any photos or infor on the offices? Hope we have flood insurance, we don't need more bills to pay. Wishing everyone in Houston the best!
I selected a few US Oil Stocks and compared insider trading (buy/sell) over last 12mo. Data from here - http://www.nasdaq.com/symbol/cop/insider-trades COP ranked dead last in the net number of shares bought by "insiders" (directors and officers)... read more
I am persistent like our beloved President. Last time nasty people got access to my thread so I am reposting. With all this negativity, I wanted to take time to recognize why it is worth to work for COP? Only positive comments please, let the Lord... read more
This site has become awfully quiet with the hurricane going on down south. I think it's a clear sign that most of the bickering is from those who are now forcefully preoccupied. Once the waters recede, maybe you should consider working more and... read more
Reductions deferred to 1st quarter 2018. This way executives get new stock options and grants in February, then consolidation takes place, so they get more goodies in their golden parachutes. It's what we are. Did I miss something over the weekend?... read more
Having a backup plan for your Home Office makes sense for a 54 billion dollar company
In the past months, the ECO project has consolidated benchmarking and analysis for us. Here's our path forward. We rapidly realized our problems are greater than simply the Center, so we changed our team name to Energy Company Optimization to address... read more
Operations is apparently "in the zone"...and all else "with few exceptions" are "above the median". Ha! No kidding...the people in the real world are taking care of business (because they have to, to survive), and the... read more
With all this negativity, I wanted to take time to recognize why it is worth to work for COP? Only positive comments please, let the Lord bless your heart. Someone can start another thread for negatives. My first positive is VCIP, I have yet to meet... read more
Are we going to continue to drag this out until next year or are we going to start getting some planning and blue print of how and when Bartlesville will be shut down? We are seeing more and more coming down from Bartlesville and seeing them placed... read more
Under our CEO: market value has declined; dividend income has been slashed; employee head count has been reduced with more reductions coming (and coming and coming and coming...); assets being sold in low commodity price environment (would think this... read more
There is an iPhone app called Blind where you can post stuff about your company anonymously, but only folks in your company can see. It needs a company email to join - inside the app you are anonymous. I think it is a much better platform to discuss... read more
There are those that feel it's more important to bring their hunting buddies back to work, than its is to look after COPC best interest.
Why all sad feces and negativity? cheer up with this song This is loosely based on song from movie Borat. ConocoPhillips greatest company in the world all other companies are run by little girls. ConocoPhillips number ten exporter of bitumen! Other... read more
Or huge change will happen to COP?
Don't know if CEO was forced out or just wants out. Seems rather sudden.
Another non-starter effort... AGAIN...why does everything have to be done by committee in this company? What are we paying RL and the ELT for? To tally votes?
There's a lot of smart people in the company. And even some brilliant and wise ones. The solution to our problem is obvious: cut layers, cut management, cut bureaucracy, and yes, cut people, because the necessary work is much less than we are... read more
After ECO took two months to see what any normal human who knows anyone in a true independant could see in two days, we are still held in suspense. Since RL did not like the outcome of the work we will now sit and wait while another elite group... read more