Maybe this is the wrong place for this, but I was extremely optimistic after the investor day. Lots of excitement around LNG and a compelling story about reserves and a long runway of production at a lost cost of supply I did take the time to read... — read more
People want proper raises
I can't believe that the leadership still doesn't realize that it will hurt this company in the long run if they don't give the employees proper raises to keep up with inflation. Have you given up hopes that we will be paid adequately?
Third Times a Charm
It is becoming increasingly apparent that the company is bleeding talent. The vast majority of high performers have left for greener pastures, leaving the remaining to pick up the slack. Compensation is lacking far behind competitors even at the... — read more
Decisions are based on personal choices
*The list of layoffs is long and many have been forgotten. Careers and lives have been ruined for many. For others careers and fortunes have been secured. Many involved in the decisions do their best to make fair choices but increasingly, the... — read more
Never ending “adjustment“
We’re in an era of never ending “adjustment “ and it’s been going on since 2015. Sure there was a bit of a break after the big one in ‘21, but it’s never really over. Keep your office sparse and your options open my friends. I hope everybody has... — read more
Next layoffs round
Does anyone have any idea when Conoco is planning to have the next "reorganization," also known as mass layoffs? I heard rumors that the company is looking to take advantage of the current environment when everybody is laying off so it's less... — read more
Decision on the Willow project has been made
HOUSTON – ConocoPhillips (NYSE: COP) welcomes the Department of the Interior’s Record of Decision (ROD) on the Willow project, adopting the three core pads detailed in the Bureau of Land Management (BLM) preferred Alternative E. ConocoPhillips Alaska... — read more
Concho Managers
Just a heads up to everyone. I’ve been told by Concho head managers (I am a hCXO) that ConocoPhillips managers don’t promote. This is the opposite of my experience. Concho managers hold resentment towards any employees trying to further progress and... — read more
Executive Bomus
Alright everybody let’s start the running. By running I mean do we think the executives will top their highest bonus, stock incentive, etc because of the record year even though the TSR (their job) was quite poor. Unless there is some crazy stock... — read more
VCIP Townhall Question
I for one am all for utilizing the space on the top floor of parking garage for something. It is dead empty 100% of the time. Would be nice to see some people up there playing sports at lunch time.
VCIP
Well that was a surprise..
RSUs
I've heard that COP is increasing the % of RSUs by approximately 2.5%.
Midland Movers
Heard a rumor here in Houston that everyone who moved to midland in the past 36 months is going to be permanently employed in Midland. Zero opportunity to come back to Houston. No matter who says what in your chain. Any truth to this. Was asking... — read more
Q4 earnings
What do you think about the earnings? Market seemed to not be thrilled. . . . .
Game room
Curious how many folks out there are using the new game room in SP1. What do you like to use, how often do you use it, and for how long at a time do you use it? was it money well spent by the company?
forced ranking
I just saw this thread about forced ranking at ConocoPhillips it was started in December 2020. Is forced ranking still in place at ConocoPhillips in January 2023? https://www.thelayoff.com/t/18nhRr8H
Exec Leadership
Did they lower the SGL requirements to join the executive leadership? Saw a couple of additions that don’t make sense. Used to be Sgl 21+
During covid did conoco layoff any workers?
Just curious with the statistics of it
How many will we lose after VCIP?
It seems like the last couple of years we have lost very few, so to there isn't a big motivation to make a large increase to salary or even VCIP
Salary Adjustments
You saw the number, comment below
Market Factor Allowance
Did they raise the MFA in Midland? Alaska now gets 20% $$$$$!!
Carbon capture
Is ConocoPhillips allocating any precious dollars to worthless carbon capture like other oil companies are?
Vcip predictions
Vcip predictions people. One person last year nailed the amount about a month out
NextGen
Can anyone explain Nextgen to us. Is this just more virtue signaling or something with some substance?
ConocoPhillips Layoffs 2023
This thread is for info about potential ConocoPhillips layoffs? Any chatter, news or rumors?
Parking Excesses
Why on the 2nd floor of the SP1 parking garage is there an entire row of reserved parking that only 3/4 full at max? Why did the company create this separation? Its the Plebes vs the politicians around here. . . . .why does making more money or being... — read more
Rating system is terrible
There has to be some type of system for recognizing exceptional performance and also not recognizing weak performance. The problem is this becomes a beauty contest rather than a recognition system. Then throw in biased favoritism resulting from the... — read more
Ratings system
The ratings are BS. I think it is structured in a way that actually harms the company and innovation. You have multiple people/groups/business units working the same issues and not collaborating in order to achieve that differential rating. In... — read more
We are standing in green grass
I get that this is where people come to complain and COP absolutely has room for improvement. However, I encourage everyone to go look at the XOM Layoff board to see how much worse things can be. I moved over from there a few months ago and I just... — read more
Why you complain so much?
I keep reading about xyz companies doing this bonus and that benefits to its employees. I think COP has done so much for its employees. She is like mother feeding whining toddlers who are not ever happy. How much can she give and keep giving? Have... — read more
Why is this form so active?
Why is this form so active? Even p66 isn't as active as this one and they just had layoffs.... It seems like people are unhappy, but not unhappy enough to leave.... For years
Bonus Coco? No! no!
Who wants to boost ESG scores?
Additional bonus?
I heard from two friends at a conference that they received additional bonuses this year due to unusually better finances in oil and gas. One of the friend works at Total and other in Oxy. I heard Oxy paid 5% to all employees in addition to their... — read more
Total shares profit with employees!
Total announced one off 1 month bonus for employees worldwide due to record profits https://www.nytimes.com/2022/10/27/business/shell-earnings-profit-oil-gas.html "Total, which has been hit by a strike by refinery workers in France, also said that... — read more
Success is a treat sport
Two weeks until the next earnings announcement where business professionals feel how small they are. You want to make a DEI impact, give everyone some equity In the company not just petrotechs. The “ P” in SPIRIT Values stands for PETROTECH.
XOM
Pretty scathing article on Exxon - good read: https://www.bloomberg.com/news/features/2022-10-13/exxon-xom-jobs-exodus-brings-scrutiny-to-corporate-culture What do you think? What parallels do you see with COP? I personally don’t see as much... — read more
Fraternization
Does this company have a fraternization policy regarding relationships at work?
CAsh out pensions before bust
Anyway to cash out the cashbalance accrued without leaving company ? I heard UK pension bond funds were almost wiped out with trillon dollars overnite. We are a couple of blocks down that road.
Chief Geo retired - anyone care?
Subsurface Chiefs are at first level supervisor level, not a strong endorsement of their worth from the company. Steadily demoted the last decade. Are these vanity positions, anachronistic empty titles?