I did hear it mentioned that some groups may have VSP type offers this year, but it seems we are doing pretty well as is, so not sure if that will happen. Anyone heard anything about a VSP? Please no politics.
DEI Vicki on knees begging for welfare check from daddy
Oxy CEO: 'We Really Need' 45Q Tax Credits https://www.energyintel.com/00000195-201e-da13-a795-33ff88310000
Will Trumps policies lead to layoffs at Oxy?
This is a legitimate question so please discuss.
Hats off to Vicki
VH is really doing a terrific job behind the scenes to keep Oxy competitive and ahead of their peers. I was super impressed after listening to town hall yesterday. Oxy is in a very good hands with VH and her leadership. FYI, I am not a HR troll but... — read more
Texas Nuclear Alliance
VH just signed up Oxy as a founding member...VH said " We are dedicated to pioneering innovative solutions to develop Taxas oil and gas resources safely and enhance America's energy security" How do you have time chasing carbon capture technology... — read more
Oxy stock crowded with Sellers
https://www.nasdaq.com/articles/oxy-stock-crowded-sellers
$45.00...
Here we are. Enjoy your bonus. Whatever major buys you will not have the benefits you gladly enjoy.
Will OXY start layoff ?
The other majors are cutting headcount (w/ reorg). Is there any rumor about OXY layoffs?
Great Quarterly Review
Yet here we are back under $50. All the king's horses may not be able to put Oxy together again...
Sold Oxy at $52.50 yesterday
I will eventually exorcise my portfolio of this stock... If the market tanks because of the current inflation spike and the Dear Leaders tariffs, I may wish I had sold all of the stock yesterday. See what the market brings tomorrow!
How much does VH, CEO of Occidental Petroleum make? Too much.
"Occidental Petroleum's CEO is Vicki Hollub, appointed in Dec 2015, has a tenure of 9.17 years. total yearly compensation is $17.74M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.087% of the... — read more
VH did kneel and kiss the ring
It's official boys and girls; You now officially work in the Gulf of America. Don't trample each other to get new business cards made... Also, update your CV's while you are at it ;-) The things you do to keep gov't monies for carbon capture... — read more
Raises and bonuses
What are everyone’s guesses for at or below target (company portion) not individual.
Why would anyone consider oil and gas in college?
With Chevron laying off 20% and all the consolidation of companies buying companies, who is going to work the jobs in 10 years after boomers retire and there aren’t replacements in the industry?
Lay-off policy
Employees at Oxy should be glad that company lay-off policy is based on skills and performance and not like the current blanket federal worker policy that seems to target those who just hired on. To my knowledge for professional hires at Oxy there... — read more
Work from home vs layoffs
How many employees will take the upcoming VSP package if the work from home policy is eliminated? Most people in Oxy are already working a hybrid schedule so eliminating work from home doesn’t mean that they have to move. This is very different... — read more
Seriously where would we be without Buffet’s continued support
https://www.marketbeat.com/instant-alerts/occidental-petroleum-co-nyseoxy-major-shareholder-berkshire-hathaway-inc-buys-763017-shares-2025-02-11/
Does Oxy have operations in the Gulf of America?
Will VH and the executives bend a knee and officially make this change?
Chevron to Lay Off Up to 20% of Workers
https://www.barrons.com/articles/chevron-layoffs-oil-dividends-05fb9b8a
VSP
Heard there might be another VSP from a co-worker who was told by what they think is a good source. They were not sure if it was across all BU’s, or what age limit. Anyone else been hearing anything?
Oxy is a great company to work for
I have worked for various oil companies in my career and l can tell you Oxy is the best among them when it comes to good pay, benefits, and job stability. Despite Oxy’s debt profile, they are not laying off employees like other majors like Shell... — read more
Oxy, the su---r
Oxy says forget about oil & gas, let's make the company focus carbon sequestration. Great investment Oxy, your management are such geniuses. https://apnews.com/article/carbon-dioxide-capture-trump-tax-credit-a7290db5557a6f539eb5ba67a677aca0 — read more
Government employees
Although I don’t like to see people get laid off the federal government workers are finally experiencing what we in the private sector have experienced. That is the threat of losing your job and possibly being given a choice to either leave... — read more
$46…. Lowest price since 2006 (excluding the Covid era)???
Surely I must be mistaken!?!? I just looked at the company stock price on a chart on Yahoo. If you ignore the Covid era when the prices of all stocks crashed, the last time thatOxy’s stock was at $46 a share was in 2006. Is that accurate?
Ecopetrol deal nixed???
This seems a bit absurd… Didn’t Oxy check this issue out before signing the agreement? “Colombian president orders Ecopetrol to cancel US fracking venture” https://finance.yahoo.com/news/colombian-president-orders-ecopetrol-cancel-171548463.html — read more
What is Oxy’s bonus?
A friend asked me about the details of Oxy‘s bonus. I told him my target bonus. He asked how it worked and told me about how his company‘s bonus works. I actually do not know how Oxy‘s bonus works. How is the amount decided? Where is Oxy‘s bonus... — read more
What do the CR folks think?
It’s been about six months since the CR acquisition closed. What do the CR folks think of Oxy? What they expected? Better? Worse? Are they being treated any better than the Anadarko employees?
Y'all finally woke up
At long last, you are posting about what is important in Oxy land. $45 next week... This company need an intervention.
Anyone else thinking of leaving oxy?
I’m in land and you can just tell people are checking out mentally. I’ve thought about leaving with how poorly we are run (check the stock price) but with M and F at home, I think alot of people will stay and coast. Also, why do we have 2 VPs of... — read more
Vicki needs to go. DEI is dead
Worst performing stock in O&G space. 30% lower than before APC acquisition. Highest cost producer. Get rid of the clownshow and bring in a real management team. One that knows how to make money. Make 65 mandatory retirement age. Only person bigger... — read more
Impact of Trump Tariffs on layoffs
Who thinks these Tariffs will be anything but a disaster for the oil business and why?
Too many useless VPs
Is why the oxy stock is doing terrible. We need less management layers who are overpaid to not add any real value other than saying yes or no.
What Assets will Oxy sale?
To pay for the CR acquisition? Thoughts?
Three years of stock gains gone.
Have to go back to 02/2022 to see this stock price. Steady erosion over the last three years. Company of choice, Leader in the Permian? You are the worst performing O&G company in your peer group this year. Forget your bonuses and brush up your CV's... — read more
What does this article mean for employees?
https://finance.yahoo.com/news/institutional-investors-may-adopt-severe-130020460.html