The purchase of 27 million shares suggests an outlay of approximately $1.2 billion. How many Eagle Ford, Bakken and Delaware shale wells could have been drilled? At $1.2 MM/well, the $1.2 B would provide funds to drill 100 such wells...100 wells and... — read more
Reorg and Layoff timing
With Houston offices closed for at least a few weeks, is any decision/communication/action from ECO delayed? Harvey has at least given us something else to talk about, but are we really going to let a bunch of people go after all many have been... — read more
Surmonster no more!??
I heard that CNRL bought a big piece from CVE and have also bought the rest of COP Canada but won't be a solid purchase and agreement for another week. Here is hoping that will drive up COP's pathetic stock price.... please lord let this be true!!!... — read more
I am going to give you a question....How does any of the exploration management still have a job?
Because we s--- at it so bad no other person will take the job or the Brits pleasure RL? Talk amongst yourselves..
COP stock was supposed to tank today after going ex-dividend?
Our miserable poster here told us all that COP was going to tank after the dividend payout today as an example of ELT mismanagement. Didn't happen after-all, and COP continues to outperform our peers. Time to find something else that can promise doom... — read more
This site isn't as anonymous as you may think
If you think you are anonymous on this site, just press F12 while in your browser. What do you see? Your network address - now press the network button and you will see more details. You can even see who uses AT&T or Comcast and there is a few from... — read more
Lucky
I used to consider myself lucky to be "saved" by Hilcorp thinking that even though I may make slightly less money at least I would be free of all the negatives that COP possessed. Unfortunately the ONLY difference is that I make less money. So really... — read more
Thank God Bartlesville is safe from all this mess.. Houston grew too fast to its own good
Good that COP did not clean out of Bartlesville.. Atleast some work will be done.. It is a tragedy what happened in Houston.. but too much growth ruined that place.. Should not have built millions of new homes with concrete jungle..
Kudos for COP Management
Paid Time Off Interest Free Loans Outreach program These are just some of the things COP is doing during the storm to make sure their employees are ok. I talked to some people I know from other companies and they didn't get all of this. Good job COP.
Houston, you're in our thoughts
Does anyone have any information on how many of our folks have been significantly impacted? Any photos or infor on the offices? Hope we have flood insurance, we don't need more bills to pay. Wishing everyone in Houston the best!
ELT - Please Explain Insider Trading
I selected a few US Oil Stocks and compared insider trading (buy/sell) over last 12mo. Data from here - http://www.nasdaq.com/symbol/cop/insider-trades COP ranked dead last in the net number of shares bought by "insiders" (directors and officers)... — read more
Why I work for COP? Positives
I am persistent like our beloved President. Last time nasty people got access to my thread so I am reposting. With all this negativity, I wanted to take time to recognize why it is worth to work for COP? Only positive comments please, let the Lord... — read more
The Reality Of This Board Is Clear
This site has become awfully quiet with the hurricane going on down south. I think it's a clear sign that most of the bickering is from those who are now forcefully preoccupied. Once the waters recede, maybe you should consider working more and... — read more
Reductions deferred to 1st quarter next year
Reductions deferred to 1st quarter 2018. This way executives get new stock options and grants in February, then consolidation takes place, so they get more goodies in their golden parachutes. It's what we are. Did I miss something over the weekend?... — read more
Lesson Learned
Having a backup plan for your Home Office makes sense for a 54 billion dollar company
What He Should Have Said
In the past months, the ECO project has consolidated benchmarking and analysis for us. Here's our path forward. We rapidly realized our problems are greater than simply the Center, so we changed our team name to Energy Company Optimization to address... — read more
so...
Operations is apparently "in the zone"...and all else "with few exceptions" are "above the median". Ha! No kidding...the people in the real world are taking care of business (because they have to, to survive), and the... — read more
Why I work for COP? Positives
With all this negativity, I wanted to take time to recognize why it is worth to work for COP? Only positive comments please, let the Lord bless your heart. Someone can start another thread for negatives. My first positive is VCIP, I have yet to meet... — read more
Shut Down Bartlesville.
Are we going to continue to drag this out until next year or are we going to start getting some planning and blue print of how and when Bartlesville will be shut down? We are seeing more and more coming down from Bartlesville and seeing them placed... — read more
What has our CEO achieved?
Under our CEO: market value has declined; dividend income has been slashed; employee head count has been reduced with more reductions coming (and coming and coming and coming...); assets being sold in low commodity price environment (would think this... — read more
Blind app
There is an iPhone app called Blind where you can post stuff about your company anonymously, but only folks in your company can see. It needs a company email to join - inside the app you are anonymous. I think it is a much better platform to discuss... — read more
Time to Drain the swamp at Eagle Ford
There are those that feel it's more important to bring their hunting buddies back to work, than its is to look after COPC best interest.
COP anthem to cheer patriotic sprite
Why all sad feces and negativity? cheer up with this song This is loosely based on song from movie Borat. ConocoPhillips greatest company in the world all other companies are run by little girls. ConocoPhillips number ten exporter of bitumen! Other... — read more
Wild guess: someone will step down at the end of September
Or huge change will happen to COP?
JUST ANNOUNCED: Chevron CEO to Step Down Next Month.
Don't know if CEO was forced out or just wants out. Seems rather sudden.
ECO (Employing Consultants...Obviously!!)
Another non-starter effort... AGAIN...why does everything have to be done by committee in this company? What are we paying RL and the ELT for? To tally votes?
It's What We Do (RL Letter)
There's a lot of smart people in the company. And even some brilliant and wise ones. The solution to our problem is obvious: cut layers, cut management, cut bureaucracy, and yes, cut people, because the necessary work is much less than we are... — read more
Can any executive in this company make a decision?
After ECO took two months to see what any normal human who knows anyone in a true independant could see in two days, we are still held in suspense. Since RL did not like the outcome of the work we will now sit and wait while another elite group... — read more
Lack of personal leadership at COP
It amazes me, the lack of personal leadership present in the hallways of COP. So many upper managers that have the opportunity to walk and talk to the minions but don't. Instead they schedule controlled and limited townhalls halls or nickel deep... — read more
It could be (a lot) worse
I thought things were bad at COP - they let me go in the last round and I have been living the good-life with my severance for a while. I will probably need to find something new next year. I decided to look at some of the other companies on this... — read more
Will tomorrow be the day?!?!?
That we finally hear something about ECO or will the hallways still be filled with echoes of silence?
Oil & Gas Jobs Chart (1975 to 2017)
www.imgur.com/a/vkTKK?Oil&Gas-Jobs
COP Outperforming peers this Q
Energy prices are still hovering lower than we would like, but investors and wall street have voted confidence in our plans - COP stock price is performing very well versus our peers. You will probably hear the one miserable whiner on this board... — read more
I would gladly work for ??? again
Over the past few years so much has changed. So many negative events have overshadowed all the good there used to be. There are and were some truly exceptional leaders who should not be forgotten. It becomes more and more difficult to remember the... — read more
Gladiator Games Finance Style
It's hard to believe, but the worst discipline in the company is Finance. Because these elitists have not been communicating with you mushrooms, here's what's been getting on. Early 2015: leadership realizes they have no control over COST effort and... — read more
I missed the Canada Town Hall...
...Coles notes?
What does ECO really stand for?
I'll start: Elusive Communications Ongoing
welcome to wednesday, drone!
Although we've been holding meetings in Houston this week determining your future, we felt it utterly unnecessary to communicate with you. You are, after all, only tiny cogs in a very large wheel that you couldn't possibly comprehend, even if we were... — read more