Has anyone heard anything about furloughed and part time employees. It is now past 45 days since the furlough started, thought that we would have heard something by now.
Topics regarding layoffs at Noble Energy Inc.
A long twitter thread on the topic: https://twitter.com/mr_skilling/status/1262759476668612608 Not a good look for Noble Energy $NBL. They let General Counsel Arnold Johnson ride off into the sunset with $9 million after he was caught... — read more
Will this be the opening of a huge can of worms for Noble?
For some reason, Layoff removed the original post. Noble Energy executives, Mr. Johnson, or their lawyers must have complained. JUST MORE OF THE SAME...
Anyone been contacted yet? Especially those laid-off?
If I decide to quit, walk away, due to personal health reasons (stress) - am I still eligible for unemployment? I've been with the company for a few years and I'd be applying in Oklahoma. Please let me now.
any one have advice on if our severance affects us being able to get unemployment checks??
Is it possible that a company with a $5 billion market cap can write down $4.2 billion in reserves? I guess so. Thank god Noble did not sell off all the international conventional assets to fund the financial black hole of onshore unconventionals.
Demand is starting to come back. Yay!
http://investors.nblenergy.com/node/23776/html what do we get?
It is layoff day at Noble. Minimal severance. 6 months of cheap insurance. I don't know anyone who is part time or full time that has been affected yet, but I'm still waiting to hear.
With the WTI oil price at $15/bbl it does not make sense sell oil below cost. Selling oil in this low price environment lowers the NPV of the company since there is only a given amount of oil that Noble owns. The only reason to continuing producing... — read more
file for bankruptcy or to reorganize by before Jan 1, 2021? I have a difficult time thinking we can stay afloat with how well the company has been managed. Thoughts / comments?
Hearing rumbling of furlough workers being layoffs. Anyone affected? Prayers for all.
Anybody know what percent of revenue came from shale last year? If we wipe that out can we still survive?
Newly released Stanford study suggest economy should not have been shut down. http://bluecollarperspective.net/?p=28446&utm_source=whatfinger Coronavirus is a nothing burger. Expect a V-shape recovery.
That part of the cycle... Now... https://www.marketwatch.com/story/noble-energy-cuts-salaries-reduces-2020-capex-and-taps-revolver-during-pandemic-falling-oil-price-2020-04-15?mod=hp_minor_pos19 Noble Energy Inc. NBL, -9.09% announced a... — read more
Anyone heard of this?
I am happy to be at 50%! I love Noble Energy and will do what it takes to help my company survive. I am still working all my hours just so I can better contribute to the wonderful company that believes in my like I believe in them. I trust in my... — read more
Another round of furloughs and people put on part-time is coming next week at the end of the pay period. Get ready.
Former NBL employee here...... Would someone post the text of the DS email outlining the furlough/part-time?
Anyone know when... which departments?
Can this company make money at $20-30 oil, let alone $40-50? It's only a matter of time!
This (Noble) use to be one of the contentious sites on the layoff.com. Now nobody posts here anymore. Proof of how irrelevant Noble has become. That’s a shame.
Put those bonuses to work. Guaranteed 10 fold increase in stock price!
I never would have believed that Noble could be in such a position that it’s stock closed at $3.02/sh. That equates to a market capitalization that probably doesn’t even cover the Houston Ivory Towers cost. Time to Re-boot the entire management/ BOD... — read more
March 8, 2020. Here we go again. Aren't you glad you chose a career in this industry?
I’m hearing rumblings.
Lets see who will have new trucks next month!
management at other oil companies usually jump on this kind of news to justify more terminations at their own companies. ds should be #1 on the list for layoff at Noble. The fisher #2. ... — read more
And what about raises too?
Maybe NBL can buy its old stake back. At a premium, of course. We need to pay top dollar so ds and kf can boast. https://www.yahoo.com/news/m/6e27d3fc-84b5-302a-b784-42541ec98613/marcellus%2Futica-poised-for.html
"The jobs in the Permian are going to go first, but at some point that's going to temper hiring here," said Parker Harvey, an economist at Workforce Solutions. "How many additional lawyers, accountants and engineers do you really need (in Houston)... — read more
Wondering what this call holds in store for the remaining employees.
Noble Way summit complete bust. Not sure who organized it but this year was a complete waste of time. Poor speakers and poor execution.
Apparently we've started permitting wells in the Powder. Hopefully we got in early enough to get a good, cheap position!
With Board of Directors Meeting looming, anyone think more layoffs are in store for us?