You heard it here first.
Who wants to bet on net income increase?
I’ll bet my “raise” that DEN’s profits increased way more than what the flat raise amount was this year. I’ll also throw in a kicker that the execs probably get more than 5% raises across the board. I would not be surprised if CK boasts of a record... — read more
Here we go again with Exxon…
Who spilled the beans again…
CCUS bonus program
Wondering what the bonus structure is for CCUS team, what % of GA is it? Does NW get paid in dental floss/toothpaste/toothbrush/whitening strips? Is NW’s hair gel another bonus bucket? Do carbon emitters pay NW with whitening strips in exchange... — read more
Why do they do it like that?
What Denbury does best is to keep you guessing. Because every year the payout is different, dates change last minute, and there is not much communication or explanation from your manager. Exactly! I completely agree with whoever wrote this... — read more
2022 Bonus Confusion
I am confused and need some help understanding our bonus. I was under the impression that we were on target to hit 120% and that half of this was going to be paid before year end 2022. My bonus payment was 50%, are we going to get 50% on our second... — read more
EOY raises in the industry
I'm curious what the EOY raises are like in other companies in the industry. It would be nice to make some comparison.
EOY Raise
Anyone hear what the flat raise is supposed to be this year?
Town Hall
It sounds like the company is doing extremely well! I’ve been working for Denbury for a long time! I am financially struggling! Losing the LTI and several years with no raise were a financial hit to me! I hope the board will keep in mind that... — read more
Where’s da hype?
Thought you got bought, was that just bs?
Insert XOM purchase rumor comments here __________________:
What’s over/under this is true?
It never hurts to have a backup plan
I try not to worry in advance, but still I can't help but think how it will look here when oil prices significantly slump, given that the atmosphere is terrible even now.
So many people…
The corporate office had become so fat. So many new people and so few new projects. You think this company would have learned a lesson from so many laid off over the years.
If the rumor about the sale comes true...
Should we be preparing for big layoffs?
Sold!Sold!Sold!
Who will it be?
EAM stripped away the morale
Sale or no sale, EAM has already removed the morale from the employees who took ownership of their work. An ever expanding team that generate made up reports and numbers to get promoted while the actual working money makers get the shaft. Everything... — read more
Denbury jumps 12% on report of sales process
https://seekingalpha.com/news/3874243-denbury-resources-jumps-13-on-report-of-sales-process
No improvements
I really can't remember the last time some positive change happened here. Is there any hope that things could change for the better?
Shut up and do what you are told
Find it interesting that worker bees take the time to put together solid recommendations only to have management completely po-p on the hard effort by completely changing everything that was proposed at the last minute, and they second guess... — read more
Another one gone
Just heard another VP left. It seems like this place is having people jump off the ship at a high rate. Just not the people that need to go.
Does anyone in plano ever work on friday?
Oh wait. This must be there Friday off. SMH
EAM Group
Here's an idea: Fire every manager in the EAM group and start over. A group of 3rd graders could do better.
Can’t figure this one out
My boss tells me some people from the south can go work in the north, now why are we doing this when we are all short handed? And what are we going to pay more to those folks? I don’t get the thought behind this “plan”.
Stock disparity
Our CEO has been gifted 755,000 shares of DEN, MA 285k, JM 150k. How about you? Zero for me, just some lousy DNRRW
Anxious to leave
I am aware that there are many better places that give employees higher pay and better benefits, but still it is not easy to start from scratch after almost 12 years here. I’m pretty sure most stay here just because they are too anxious to leave? — read more
We don’t just fire a VP
Any insight into what transpired today?
Attrition
A lot of talk about people leaving the company. Honestly I can't see a lot of people leaving at my location. Is attrition really unusually high, or have the rumors without merit started going wild for now reason?
I figured out why the managers are doing so bad lately
It’s cause they lost so much in stocks after the bankruptcy, and they’re intentionally attempting to sabotage the company. There’s no way that what we’re seeing is incompetence, no one’s that bad.
Denbury protects incompetent and lazy employees
There is a guy fooling around at work and the manager doesn't even notice it. Why does this bother me? It bothers me because the work he needs to do and for which he is paid, is done by others instead. Why does Denbury protect such lazy and... — read more
Management and raises
Here is what I was thinking when I heard the remarks during the town hall. If memory serves me right our CEO was granted over 700k shares worth $18 million in 2020. At the price our stock hit this week $84, that is worth almost $62 million. We won’t... — read more
HR Dept.
2 resignations this week in a dept already stretched thin. What gives????
Middle tier mangers
The question I personally don't have an answer to is why does middle tier management make life he-l for employees? It can often be heard that they are victims of executive abuse too. But then why are they trying to make others' lives miserable?
Stop hiring and give raises!!
We are posting new jobs every week. 2 years ago oil was at $30/bbl. Did we not learn anything from the last 10 layoffs?! Why don’t we hire back all of those we kicked to the curb?
HR promoting 9/80 and Flex Schedule
Have noticed with some of the job postings that HR is promoting 9/80 and WFH on Mondays/Fridays. Is it here to stay for good?
Conserving Oil
Given the escalating tensions in the Ukraine and Russia and future potential shortages/rising prices of oil in the U.S., has any consideration been given for additional days to work from home? Seems like it would be prudent to conserve national... — read more
Quiet about layoffs
There won't be any soon or is it just quiet before the storm?
Bonus
Why did the bonus % decrease from what we were told a few months ago? Anyone get an explanation? Not complaining, just curious?
Wfh
Love working at home! But enjoy the in person connection with my co- workers as well. I love the hybrid setup. Regardless of WTH or not I think growth is exciting! Even if WFH, employees still need an office workspace, so the fact that they are... — read more
Why come back?
I’m not scared of COVID, but I still can’t make much sense of the push to be back in the office. I spoke to a couple of people today who were excited to see coworkers, but also questioning the need to jump back to the 45 minute commute and lack of... — read more
Rest of bonus?
When and what’s the multiplier?