Topics regarding layoffs at Marathon Oil Corp.

Topics regarding layoffs at Marathon Oil Corp.

A&D

Payrock Black Mountain BC Operating Rocky Creek Resources Ensign Were any of these actually value accretive?

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| 490 views | | no replies yet
Post ID:  @OP+1obO2V95

Post Stock Award Fallout

Anyone heading out after this stock vests? Hearing some folks in GSC likely leaving… Surprised that department is still functioning. Seems like a revolving door.

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| 1836 views | | 3 replies (last 22 days ago)
Post ID:  @OP+1ntCUlmV

Reminder

Marathon sucks. Terrible company with terrible leadership. Eagle Ford is the only asset and it’s dead on the vine. This can be seen by us having to make the recent acquisition just to keep the lights on. Decline curves are insane. Inventory is... —  read more 

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| 3014 views | | 5 replies (last March 9)
Post ID:  @OP+1l2mveFJ

What’s this?

I hear about Devon sniffing around? Our footprints align pretty close, will they make a bid for us? We are lean and that’s prime for acquisition.

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| 2287 views | | 3 replies (last January 14, 2023)
Post ID:  @OP+1kqfDBWc

EF Acquisition!!!

Here we go folks. Ensign Natural Resources, $3 billion, 100k+ acres, 600 future locations. We knew something had to happen. In Tillman, we trust.

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| 6421 views | | 46 replies (last February 18, 2023)
Post ID:  @OP+1jvfbrXT

Accent Counts

If not working already at MRO, then do not, UNLESS you speak with a British accent. Incompetent, but highly political Brits dominate the landscape, as LT cannot understand Americans.

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| 1284 views | | no replies yet
Post ID:  @OP+1jfPCu3b

Sub $80 oil

Can’t wait for GSC to come forward this week and tell us costs have to go down. It’s almost like they don’t understand supply / demand and also that nat gas is $7.

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| 1655 views | | 1 reply (October 7, 2022)
Post ID:  @OP+1iV9VX6k

A Warning on BD and Exploration

I’m gone now, but I want to warn people thinking about going into the BD side about one of the VPs involved there who is also the chief geo - don’t do it. The guy will stab you in the back faster than you can count to three. He has an ego the size... —  read more 

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| 3280 views | | 9 replies (last September 21, 2022)
Post ID:  @OP+1hXbldEg

This is where I started to hate my job

Management is awful. People are leaving because of bad management. This is no complaint, this is bitter criticism. I’m certainly not the only one who has started to hate her job here, precisely because of poor management. Will bad management ever... —  read more 

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| 3501 views | | 7 replies (last August 8, 2022)
Post ID:  @OP+1hlUTvH5

LTI reinstated for Grade 12&13

Thanks for not valuing all your employees that used to get the LTI. I make less and spend more driving yet I get zero. Hey MRO maybe you should let your lower paid employees catch a damn break. Heartbroken today.

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| 2579 views | | 7 replies (last June 17, 2022)
Post ID:  @OP+1hgDLUu2

My workload is almost tripled

Without any exaggeration, I do almost enough work for three people. I don't know anyone whose workload hasn't increased drastically. Of course I am looking for a new job because it seems that MRO does not intend to reduce the workload. How do you... —  read more 

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| 2130 views | | 4 replies (last June 20, 2022)
Post ID:  @OP+1heE6ye8

Corporate’s right!?!?

Why is it that the decisions the corporate leadership teams have made haven’t has a larger impact on turnover? They have layoffs and double/triple your workload and responsibilities. They reduce your total compensation (if your not a grade 14) by... —  read more 

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| 2303 views | | 2 replies (last June 6, 2022)
Post ID:  @OP+1h27HlmG

Power is their ultimate goal

I left the company due to the privileged taking advantage of the worker bees. The executives are all about lining their pockets before the whole thing collapses around them. You see the yearly salaries these people make, not earn. If they were really... —  read more 

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| 2007 views | | 3 replies (last May 31, 2022)
Post ID:  @OP+1gOajIqe

How valuable is experience here?

I have more than 14 years of experience here. Unfortunately, I think that my experience is being valued less and less. It is also humiliating to see how much more valued are those who often don't even know what they are doing. Is the experience... —  read more 

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| 1904 views | | 3 replies (last May 19, 2022)
Post ID:  @OP+1gNCdDIP

Executive Compensation

Executive compensation is published as part of the shareholder material for the annual meeting. Go read through the packet they sent you. In the meantime, enjoy these numbers as you think about how your benefits have been cut and harsh layoffs. Glad... —  read more 

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| 2774 views | | 12 replies (last May 24, 2022)
Post ID:  @OP+1gIfuES9

What a Week

It looks like “The Wave” now stands for the wave of petrotechs leaving the company. I heard of 4 in total this week and know of many others looking. It will be interesting to see if MRO steps up and actually makes an effort to retain anyone left.

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| 1731 views | | 2 replies (last May 16, 2022)
Post ID:  @OP+1gI67fDJ

What to expect here?

I'm debating whether to accept an offer with slightly worse pay but better benefits. If only I knew that it won't get any worse here. What to expect, changes for the better or changes for the worse here?

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| 2607 views | | 9 replies (last May 29, 2022)
Post ID:  @OP+1gtoaLVh

nice to get LTIP

Would have been nice to get LTIP. Most lowers grade employees are not valued and are not given LTIP. Seeing how much the stock has gone up thats a lot of $ that could have gone to the employees. But hey it's ok going to another company that values... —  read more 

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| 3769 views | | 14 replies (last April 28, 2022)
Post ID:  @OP+1fDpNPY1

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