In Canada Oil sands barrel is being sold for $8 .. how can anyone make money .. also In michigan 77 cents a gallon gas .. THis will be long strife till mid level oil companies cater .. and Banks also will be affected.
WTI less than $29
So much for the 2016 recovery. The 4th quarter results will be interesting for ConocoPhillips. COP management is running out of rabbits to pull out of the financial hat. The assets are not selling. The credit facilities are tapped out. What will the... — read more
On-line W2
After layoff will we still be able to get our 2015 W2 online at the slimmed down version of the COP website we still have access to? My new employer posted it on 1/15/16 but nothing showing up yet at the COP site.
Below $30!!
WTI closed below $30/barrel today!! How looooooowwww can it gooooooo? BWAAHAHAHAHAHAHAHA!!!
Collecting an EF paycheck!!!
I love reading these post while collecting my COP Eagle Ford paycheck!!!! Wish the bottom would fall out soon so I can make it through this down turn.
Why is our industry taking the blame for Global Warming?
Why is it that no geologist has come forward and pointed out that anyone can examine sedimentary rock formation layers and see that the earth has cycled from warm to cold and from cold to warm many times. Close examination of rock layers laid down... — read more
Why is our industry taking blame for Global Warming?
Why is it that no geologist has come forward and pointed out that anyone can examine sedimentary rock formation layers and see that the earth has cycled from warm to cold and from cold to warm many times. Close examination of rock layers laid down... — read more
“How did you go bankrupt?”
“Two ways. Gradually, then suddenly.”
What do you think?
Since Buffett is doubling down on P66 would you read this as an indication of him believing that a rebound in #oilandgas is around the corner?
Looks like we are rescinding offers now?
https://www.reddit.com/r/oilandgasworkers/comments/40uzgy/my_offer_got_rescinded/
Will they announce more lay-offs or vcip next town hall?
Every one wants to know how much vcip will be and every one wants to know when lay-offs will be so I thin they will announce both? Any other thoughts?
I Don't Feel Bad
I don't work for COP. I don't work in the energy sector at all. I do live in eastern Oklahoma, so I've had to watch for several years as a bunch of high school dropouts rode around in $70,000 trucks on the oil field cash they were making while I paid... — read more
Layoffs TODAY in Bartlesville!!
Layoffs are happening TODAY in Bartlesville. Meetings scheduled for just after noon. Extra security and HR being brought in. Just a heads up. Info comes from a memo left on a printer a little too long.
Severance Update
4 weeks total.
Unbelievable Spending in Bartlesville
Well . . . I just became aware of an unbelievable, foolish expense incurred by COP. As most know, the sidewalks in front of the Plaza Office Building have been all torn up as workers prepared to replace the concrete. The stupidity part is not that... — read more
Calgary Layoffs 2016
What can we expect in 2016 as it relates to #CalgaryLayoffs
COP Town Hall - Questions you really want to ask!
Post them here!
I hate to say this, but...
ConocoPhillips is 'handling' my layoff appropriately. Of course, I believe it was stupid to let me go in a business sense, and it has harmful consequences on my life and my family, but compared to what happened in some other oil companies, they... — read more
Get a brain morans
Go trump
WTI $32.
WTI $32.
Save COP Cash Suggestion Box
To protect the dividend and survive $34/barrel oil, I've heard one idea of a pay cut to a 4-day work week. Anyone have other ideas?
WTI @ $34
WTI @ $34. ConocoPhillips is $26 per barrel short of $60 per barrel break even. $1.5 billion per month loss.
Missed out
I wanted to volunteer to get laid off in October but I was pretty sure it would have been denied. Nobody in our group got laid off. I had another job that paid almost what I get now. It would have been a nice bonus if it would have worked out.
Is Conoco getting bought or merged this year?
Any guesses?
2016 1st-2nd QTR Round Layoffs Coming!!!
Please update your company profile and career aspirations. The list will consist of people that have been with the company for less than 0-5 years with COP (not performance based) and some if not all of the remaining COP heritage account holders... — read more
Rodeo Run
Heard it will be a 50 yard potato sack race in 2016 in an effort to save money
Christmas Party Shocker!!
Well it might be the last ConocoPhillips Christmas party for some of us. At least this year's party was good. Let's see what happens in 2016.
$7 billion budget for 2016.
Takeover target?
Shiela Feldman
Congrats Shiela. EVP HR at CB&I.
2016 VCIP
To the folks still at COP, drop a line here in regards to the 2016 VCIP when some new info comes out. I know the chances of getting any sort of bonus next year is slim to none.
ATCO ELECTRIC LAYOFFS
Why? ATCO Electric and ATCO Gas terminated so many employees, but why? It cannot be because of the economy since they both delivery companies with captive customers and both have been doing exceptionally well business wise. Other delivery companies... — read more
Severance
How long does it take to have the severance money in the bank after signing the release?