$10 B dividend payment + Stock Buyback + an unforeseen event + Price below $ 35 = GE or OXY or Boeing or GM

Given the current market condition and virus, will CVX still offer EOI? Any inside news?

WTI is officially below $20/barrel. Sauidi/UAE production/price war with Russia shows no sign of let up. Storage capacity will be a problem. Worldwide demand has decreased by 10mm barrels/day. US production remains high. Honestly, expect WTI to fall... — read more 

Pretty depressing message, aside from cutting cost on projects it is obvious they see no end to this for at least 2 years and thus massive lay offs are going to happen, pretty scary, my guess is 30% of workforce reduction across all areas, that would... — read more 

In short term, CVX stock price will take a hit but will come back when oil price will improve. It is wise to reduce debt rather than to pay a hefty dividend. Nobody can predict when the oil will be trading at $55 per barrel. In the meantime, the... — read more 

This is not good for anyone.

NOT

Yep... FAKE NEWS...I work for Chevron and they are doing alot for the employees that want to shelter in place to protect them selfs with pay. Those that can work from home are welcome to do so. Even the emoyees on the front lines that are out threre... — read more 

Governor Newsome of California has just issued a stay at home order for the entire state. Chevron headquarters are in San Ramone, SE of Oakland. What now?

Everyone is probably a little excited and relieved that WTI had a nice gain today. Well, even after that gain, it is still just $25/barrel. Saudi Arabia has not yet added any of its production increase, to 12.5 million barrels/day, to the world... — read more 

Just heard that Sodexo will not be returning to work until April 13th. Guess that means we won’t either.

I can’t think of a company better prepared for low prices than Chevron. We will emerge stronger and bigger than ever.

Need consultants everywhere. Oil at $20 - bring in consultants Oil at $60 - bring in consultants Oil at $100 - the consultants never left

This is unchartered waters. There could be so much over supply that you have to pay someone to take your oil?? What can our industry do to survive in that situation (trolls will say layoff everyone, all are deadwood, i have all cash who cares...) but... — read more 

Post your between the lines reading. Which levers will be pulled? Midland, all contractors gone by CoB next Friday? Furloughs? FGP/WPMP on hold? All MCP CAPEX on hold? Sanha Lean Gas? Anchor? Hope everyone is doing alright out there. Keep the... — read more 

While the worst might not be over just yet, there are signs that there is an end game. Folks who are monitoring China vehicle traffic are seeing marked increases. That means we will see a rebound in a few months. The US banking system is... — read more 

Fujifilm Pharmaceuticals has developed a d–g that seems to be very effective in treating/healing infected people. You can look it up yourself on the internet. Obviously, this will not help with crude oil surplus.

Given recent events, you would think he would at least post a workplace message....

Hi Guys - can you share what are you doing with your 401K plans - I am tempted to sell and to into cash today. I've been investing agressively and last 24 months were unbelieavably good to me. This downturn took me back to where I was about 15 months... — read more 

Do you happen to have a sample letter for layoffs due to COVID-19... Something like this, but with focus on Corona Virus Subject: RIF Hello [Employee First Name]: Company X is sad to inform you that you are being laid... — read more 

A - We will do Furloughs B - We will also have layoffs C - A&B will happen fast D - The demand drop mess will not clear fast E - National fiscal and monetary mistakes are piling up, structural issues emerge F - This will take a decade or two to... — read more 

Boy layoffs are coming fast!

Soon this will be a measure we know well and follow closely that will determine the magnitude of not just layoffs but survivability as a solo company.

Do you think they will go with furloughs here at Chevron (instead of layoffs)? We are seeing furloughs at some companies already - what are your thoughts?

Now below $29/barrel. Won't be surprised if it goes under $25. The whole industry is getting pounded. Probably no layoff announcement until Q1 results are out.

There has been a productivity drop of 30% due to WFH. This is offset by a 32% productivity decrease from people using the room booking tool for a net productivity increase of 2%. Wirth saying.

An interesting poll on OXY's page here: Chevron to buy OXY Let's vote here. Upvote = Yes, Chevron should buy OXY. Downvote = No, Chevron should not buy OXY Post ID: @OP+140P3PjH

I was excited about the EOI. I thought it would be a great parting gift from Chevron before leaving the company. However, now that my 401k has lost 30% of its value. It doesn’t seem like such an awesome idea.

I keep seeing a comment pop up asking-stating that this is a Layoff off site And lets get back on topic whenever posts-comments stray off a strict adherence to the layoff topic. I have also seen posts taken down when the topic is on an important... — read more 

The DOW is down 1041 points, the S&P is down 128.5 points, the NASDAQ is down 35.75 points, Russell is down 60.6 points, WTI crude is down 78 cents to $30.95/barrel. These numbers are continuously updated. Add in the inevitable coronavirus employee... — read more 

Will they survive Covid-19? Will they survive the Oil Price War? Will they even survive themselves? Stay tuned.

Will they survive Covid 19? Will they survive the Oil Price War? Opinions?

Saudi oil increase will not fully ramp up until next month. The UAE is joining Saudi crude oil output increase. There will be over 1 million barrels/day of additional crude oil put on the world market. This amount can increase. World oil storage... — read more 

At least for two weeks or until further notice. https://media.giphy.com/media/1fmBh6KSRPSgIH6dFl/giphy.gif Time for a rooooooad trip.

This will also help with simplification as many meetings are not needed or are inefficient. There may be other ideas also. At least through mid year then asses the situation.