I retired from ConocoPhillips several years ago and still have many friends within the company and many that have left as I did. We had to weather many of these cycles over the years together and it made us a more united family. It was a wonderful... — read more 

The company should have taken the offer when it had a chance to minimize value loss. However, management there continues to lie about the "future potential." Doesn't matter because when the asset is 5 years out, anyone in a decision making position... — read more 

Natural gas prices are not expected to recover anytime soon. Natural gas is expected to remain over produced due to it being a byproduct of shale oil production. This translates into cancellation of any pure natural gas drilling and development. It... — read more 

Bleeding like crazy....pretty soon the managers will become sups and the sups will become employees as they layoff everyone. Weird when they are the ones that should be let go for their constant indecisiveness, they drag their feet on everything!... — read more 

You can cut all the frills anf refreshments you want but when it comes right down to it we emploeed the wrong people for far too long....if people would have paid attention to integrity within its employees instead of who they knew this wouldn't have... — read more 

I was let go from October and haven't found any other jobs since then. I still remember the low morale for the last month leading up to the purge day. Just curious to see how everything is doing now - I'm sure it has gotten worse. Feel free to take... — read more 

If they want to save some money they should gut the Bakken drilling team. I mean look at those guys! A bagel and a tart have been there since the beginning and do the bare minimum to get by. Optimization? "What? Uh, they don't teach that at cut-rate... — read more 

Remember that if Punxsutawney Lance seeing his shadow that means six more weeks of layoffs, anyone speak groundhog-ese?

Ah these millennials how they make me laugh...they walk around like they know so much its hilarious. They are the kind of breed who are confident for no reason whatsoever. You see ignorance is bliss which can take straight to the top. But as they say... — read more 

I'm looking forward to this

I don't know if you noticed, but in term of market cap, Occidental is now bigger than ConocoPhillips..... Many mid-size and large companies are shrinking, but Conoco is shrinking very fast, and doesn't do enough to address fundamental weaknesses -... — read more 

 Forced ranking creates a hyper-competitive environment and destroys teamwork. (It doesn’t. And if “teamwork” is used as one of the ranking criteria, this concern vanishes completely.)  Forced ranking judgments are inherently subjective and thus... — read more 

Irrespective of how bad the oil industry is companies will retain atleast 50 % of the workforce. How lucky those 50% to survive in this challenging environment to not sell in buyers market and provide a stable environment for the family.

I know its easy to jump to conclusions because everyone just wants to make sense of whats going on, but it is completely out of our hands. If you are doing the best you can then you have done your part. Hang in there loves the clouds always clear :)

I know its easy to jump to conclusions because everyone just wants to make sense of whats going on, but it is completely out of our hands. If you are doing the best you can then you have done your part. Hang in there loves the clouds always clear :)

Thanks for the laughs.

The rumor is that there is going to be no announcement on layoffs. They are just going to do them. Making announcements has negative impacts on morale and nobody does anything productive after the announcement.

I try so hard to keep positive but the morale is so very low that I actually hate having to walk in the building, love my job but damn somebody do something about morale! Our awesome new leader walks around nose in air just so cold, even when you say... — read more 

One month just about done and we got 11 more to go. This will be a very sad year if I have to keep doing this every month.

Why do they drag this stuff out?

You are literally killing your employees....rotting them from the inside out. Be compationate hurry up!

Office 365, AWS, The Platform, ServiceNow... All cloud based and all idea for outsourcing IT. The writing is on the virtual white board installed by the COP #outsourced IT.

Looks like Chevron just posted their dividends...

Heard rumors of 4day work week for the Rockies.

Supervisors and managers will be safe from layoffs. Very soon they will be having meetings to set up meetings to decide on best practices to handle those meetings

What struck to me was how many bad decisions were made and no effort to contain cost was done much earlier. Only cost cut that was thought was to layoff employees. For example the contractors were being paid high rates by industry. The higher rates... — read more 

CFO Jeffrey Wayne Sheets sold 15,746 shares of the business’s stock in a transaction on Thursday, November 19th. The stock was sold at an average price of $54.00, for a total value of $850,284.00.

ConocoPhillips (COP) stock plunged on Monday, closing lower by 9.21% to $34.20 on heavy trading volume, after analysts warned that the oil and gas company could cut its dividend. "We believe there is a slightly more than 50% probability COP will cut... — read more 

It's official! COP stock is finally below 2009 lows of 35 dollars/share. Will the overleveraged big oil companies default and take down the big banks? If it does, you can expect COP to drop another 50% from here. That's what happens when you are... — read more 

Gee, I hope our salaries will get cut and maybe we can go through another layoff or two so Ryan can get another 5 million dollar raise this year. I am sure he couldn't care less what happens to the country money since he has millions and millions in... — read more 

International growth is dead due to price collapse and volatility risk. Houston support staff will be reduced and groomed for a much leaner operation. Alaska is primary growth focus until price begins to recover followed by Lower 48 because these... — read more