Will this help or hurt our Permian position? Seems like a great start for redevelopment of premier Permian position. Where is penny stock when you need him?
Topics regarding layoffs at Marathon Oil Corp.
BS sold EP Energy in 2012 to private equity ($7Bn) and Noble Energy in 2020 to a super major ($13Bn).
Why was Todd fired today?
For being a relatively small department Land accounts for a lot of vitriol on this site. Let’s discuss.
So many people are worried about any upcoming layoffs. I could never understand that. Take your future into your own hands. Save, save, save. Put all that energy you use stressing over potential layoffs and get prepared. You can’t control if you’re... — read more
What are the odds she doesn’t return from break? We can all have our dreams right?
When layoffs happen, everyone says “it’s business, not person” and “the decision was made above me (managers)”. However, I find that after being laid off and reaching out to my colleagues who’re still employed by the company, it’s met with dead... — read more
Guys, here's the deal. Posts here can be useful after layoffs have happened to assess the damage when org charts aren't being provided. But beforehand, nothing on this forum is reliable. IF layoffs happen, which I tend to think they will, worrying... — read more
The longer you've been here the higher the chance of you being given your walking papers. Instead of trying its best to keep people who have the experience and knowhow - not to mention priceless knowledge - MRO is looking for ways to get rid of us... — read more
Oil’s back at $50/bbl; were all safe now—unless your manager doesn’t like you for some reason.
Russian SVR hacks into Marathon files/data. They leave after finding no signs of life.
Here’s the honest truth and it’s going to hurt. EF might have another 3-5 years before the decline curves are so steep we can’t hype it any longer. ORB has been finished for a long time. We have tried to unload many times and no buyer is willing to... — read more
Soon or sooner?
Given the huge layoff in April 2020, does anyone else find it super odd that MRO has a ton of postings for Houston jobs right now?
On the Chesapeake board, someone suggested MRO is going to be the new boss? Any validity to this claim? Seems like itd be a merger rather than acquisition.
Does anyone have the number handy for that company that’s managing the insurance benefits for laid off employees?
HR of course works for the company, not for us workers, that's plain as daylight. However, I guess we should still help the employees if they have any issues at work. I remember a colleague, before this general chaos with a pandemic, who had some... — read more
From a prior posting....."Things still aren't great, but they are getting better." This is hope and not leadership. MRO needs a plan for long term survivability. MRO can not rely on shale alone as a business model. If this is not clear to our... — read more
I'm trying to cope after being laid off in the last round but it's not easy. I've been with MRO for nearly a decade and I was naive enough to think I was going to retire there. I always gave it my all and I stupidly believed that was enough to keep... — read more
With the new year right around the corner and things not looking all that bright fit O&G, should we expect further mass layoffs like we experienced in April?
When will this nightmare be over? She is a total disaster and has destroyed the dynamics of our group.
A certain high level HR manager has admitted exposing some of the upper “leadership “ team to covid. Had HR passed this on to people outside the “LT” who may have come in contact?
Decided to take advantage of yesterday’s jump to liquidate my position in MRO. What a mess the company has turned out to be... From the 4th largest integrated in the US to whatever you want to call the current, poorly managed train wreck. At least... — read more
The company's ability to survive with the current green wave push is the real question. Oil will be needed for jet fuel and plastics products only. Can we as a company make a shift in business model and cost structure to survive vs that of Exxon... — read more
Let's face it, with the pandemic, O&G sector in its twilight and this company being what it is - it's more than obvious that nobody should make any long-term plans regarding their employment at Marathon Oil. I know this is not the best time for it... — read more
Marathon Petroleum says renewable diesel will be loading from Dickenson, North Dakota facility to the Pacific Northwest/Canada by rail, then by boat from the Pacific Northwest to California/where demand is $MPC #OOTT
What have they said about the change in interest rate used to calculate lump sums? With the PBGC rate going away, will lump sums under the old pension be devastated? Seems like people who were let go may be better off if they take their money asap?
What a joke. Yeah real competitive to other companies MRO. Why can't you treat us like adults and allow us to work where it benefits the employee the most? It should not matter where we work as long as we are productive and get our work done.
MRO had a mass layoff in April. Oil price has remained depressed for the last 8mo or so and there haven’t been any more layoffs—at least not en masse. So...what does that say about the people that were let go in April? Poor performers? I’m really... — read more
What are your thoughts on the news that Paul Sankey predicts a merger between Marathon and Continental? https://www.worldoil.com/news/2020/10/21/us-shale-mergers-reshuffle-the-oil-production-landscape
Struggling to stay afloat...bad news.
Anyone know when the new limited edition cars come out? I'm looking forward to the youtube videos of grown men begging for them.
Well, with the Concho news this morning, if there was any doubt LT ran the Marathon ship into the ground, it’s the fact another “peer” company was acquired and Marathon was left without a dance partner. Happy Monday!
It’s really unfortunate to be reading all the negative posts and conflicts between the various BUs and the company as a whole. I personally don’t wish for anyone to be out of work in these times. Blaming your own peers will not change WTI price... — read more
Market Watch article today - Buy the worst? Here are 5 destroyed stocks for this bottom-fishing strategy.... "The top five performers on the S&P 500 year-to-date: Etsy ETSY (+243%), Nvidia NVDA (+141%), West Pharmaceutical Services WST (+96%)... — read more
Is GSC good for anything other than getting invoices paid? Zero value add. If we need to cut G&A I suggest we start there.
Be all you can be!
Is it just me or is MRO only posting their past success from 2019 in LinkedIn? I guess if they did post current achievements; it would be nothing but crickets.
Well, MRO is FINALLY at the head of its peer group. Finally got there, notwithstanding that the Wall Street Journal ranks MRO as 4th or 5th among the shale companies, which is all MRO is any more. But, wanting to be FIRST IN CLASS, this week... — read more
This is going to delay the project! https://abc13.com/injuries-reported-from-work-site-collapse-near-houston-citycentre/6793916/