https://finance.yahoo.com/news/exxon-triples-share-buybacks-30-104856234.html Practically offsetting inflation for shareholders.
PDS cycle question
I was rated outstanding with distinction last PDS cycle, and promoted as well. Neither my work assignments nor my focus was very good this year. Is it possible to drop more than two classes in the current evaluation system?
Can't wait to see
XOM getting kicked down to dust. It is a toxic place. There is no other way to explain it. It cultivates. and breeds deceit.
ExxonMobil plans to ban Pride & BLM flags at its Houston offices
The company’s actions comes as the battles in the cultural war over LGBTQ+ rights heats up in other places like Florida Published on April 26, 2022 By Brody Levesque https://www.washingtonblade.com HOUSTON – Texas-based American multinational oil... — read more
Exxon Permian Natural Gas Gets Top Score
by Eldina Jahic Rigzone Staff Thursday, April 28, 2022 U.S. supermajor ExxonMobil has received top certification for approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New... — read more
We are awash in money
Crazy money. Tons of it. We do crazy things with it. Our execs are swimming in literal millions. We buy things that cost billions. Please share a bit with us, peons, folks in the trenches. Just a little bit. That 3% was not even a breadcrumb… — read more
We officially offer the smallest O&G bonus!!
It is amusing how HR can find a way to take even a positive thing, like receiving money, and make it insulting... Now we provide random, sub-inflation, bonuses that are below any competitor. It is also amusing how the entire US workforce called out... — read more
Pathetic attempt
Hate to bi--h about receipt of unexpected cash, but 3% is a damn insult.
Exxon subpoenaed by California AG in probe of petrochemical companies
Apr. 28, 2022 4:08 PM ET Exxon Mobil Corporation (XOM) By: Carl Surran, Seeking Alpha News Editor California Attorney General's office said Thursday it issued a subpoena to Exxon Mobil (NYSE:XOM) and other fossil fuel and petrochemical companies... — read more
What actions did you take in order to get the promotion?
I know that Exxon is no longer a place where it is advisable to think about growing a career or staying here for a long time, but while I am here, I want to advance in my career as much as I can. Any advice is welcome.
ExxonMobil makes three new oil discoveries offshore Guyana
ExxonMobil announced three new discoveries offshore Guyana which will increase the estimate of the recoverable resource of the Stabroek Block to nearly 11 billion oil-equivalent... — read more
In what may be a shock to some lubricant manufacturers, the long-term outlook indicates liquids demand in road transport will decline 75% by 205
Global oil demand to peak between 2024 and 2027 April 28, 2022 Source: Fuels and Lubes Daily The management consulting firm, McKinsey & Company, released its Global Energy Perspective 2022 on April 26. The report, which describes the company’s view... — read more
Inflation raise - 3%
Heard it here first. Email was sent to supervisors/managers that a 3% inflation bump will be effective 6/1. The communication will be flowing down soon
Poor timing
Why do they clean the bathrooms at 9:30AM when everyone is trying to take a cr-p. 3Am is a much better and won’t impact the flow of S**t
Oil demand will peak by 2027, according to new report by McKinsey
Amanda Drane - Yesterday 7:14 AM Houston Chronicle Oil demand will peak within five years as more people buy electric vehicles, according to the global consulting firm McKinsey said Tuesday. Global demand for oil will begin declining between 2024... — read more
PDS SEASON
Now that we are starting the performance evaluation process, I’m reminded of how little the PDS process has to do with the actual work the employee has done. The share holders have always been the number one priority, but that doesn’t mean the... — read more
Force Majeure (Sakhalin)
https://www.reuters.com/business/exxon-declares-force-majeure-russian-sakhalin-1-operations-2022-04-27/
XOM lacks compassion for their employees
All they see us as are numbers and they treat us as such. As somebody who's been here for over two decades and who has always given his 110%, I should have some sense of job security at this point. Instead, I'm worried I'm going to receive a low... — read more
Mid Year Pay rise??
I’ve heard that HR are looking at a mid year pay rise to keep up our lowly position and stop more attrition. Anyone else heard this or is this a jerk off?
I don't bother providing KO feedback
Not unless the person pi---d me off and I have something scathing to say. There's literally no penalty to not providing KO feedback if you've gotten a request. If a colleague asked me for KO, I would just say OK to maintain a good working... — read more
Lump-Sums Getting Crushed, Anyone Taking the Annuity?
Between rising interest rates and increased inflation I'm not sure what is getting hit harder, the lump or annuity.
Nothing more toxic than other companies in the industry
I worked at several O&G companies before I got a job here. I'm not an XOM cheerleader, but honestly, i haven't noticed that the atmosphere here is any more toxic than it was there. Or perhaps I'm wrong?
Brace yourself...retirements are coming
Looks like those eligible are taking retirement at quite a large amount. Between this and the number who will take the PIL instead of the pip one has to think the number they're trying to achieve is getting closer. Meanwhile those of us still... — read more
Adversarial company culture
EM has created a toxic work culture that puts employees in an adversarial relationship with the company and its leadership. We are at the point where our main concern in how to protect ourselves from our employer (false PIPs, getting rid of older... — read more
Is attrition really hurting EM?
We keep hearing about high attrition with no desire from EM to stop the flood of folks leaving. Seems like they positively want attrition. EM will only do something when; it’s impacts the bottom line. Have anyone seen where we have had to lay down... — read more
Why RU calling #Admin
To those always calling for the admin to remove a thread or comments, what’s your story? I’d like to know if you are XOM HR, concerned employee, or something else entirely. It’s usually just when the dialogue get going that someone is screaming... — read more
How many RSUs did you get?
What's your story?
Be careful what you wish for.
Just last week a team mate of mine was laid off. He was a long timer and a good performer. Just a couple of months ago he was given a nice raise and we celebrated. Once again it has been proven that this company will have no mercy on those who have... — read more
BTC and BGBC Tracking Every Badge Swipe
They are sending detailed reports by email each day to ‘Leadership’ with everyone’s badge swipes in and out to track individual team metrics for RTO. Watch out for those long smoke breaks and trips to the cafeteria. I’m sure this data will be used... — read more
Retirements?
Seems like a lot of retirements are just the top of the iceberg. Expect a lot more as interest rates rise and the lump sum becomes less. What will become of ExxonMobil when a majority of experienced people are no longer with the company?
Any word on who is getting PIP’d
When will the PIP’s start? Earlier than last year?
Beaumont chem plant, what’s the deal
Seeing a lot of negative posts about the beaumont chem plant. I’m considering a position there, is it really that bad? How does it compare to the refinery? How does it compare to Baytown? I’ve heard Baytown is really bad with backstabbers. Please be... — read more
Exxon Ban on LGBTQ Pride Flag Triggers Employee Backlash
https://www.bloomberg.com/news/articles/2022-04-22/exxon-triggers-employee-backlash-with-rainbow-pride-flag-ban “The updated flag protocol is intended to clarify the use of the ExxonMobil branded company flag and not intended to diminish our... — read more
Value
Is SSHE or Global Security adding any real value in today’s market?
Pay In Lieu of Vacation - Retirement
Can someone answer how pay in lieu of vacation work. What is the process for requesting, how does it get processed and when is it paid out?
IRS Minimum Present Value Segment Rates (for pension lump-sum)
https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates - bookmark it. :)
Sound Familiar? ExxonMobil did/does this in Houston
https://www.yahoo.com/finance/news/jpmorgan-employees-describe-fear-god-222819365.html Read this…ExxonMobil was doing this within the last year and likely still reporting it. Don’t let them kid you - had a director tell me to make sure my team was... — read more
Great Read from 1978
Not sure if this was posted here in the past, but a great article from 1978……. https://www.texasmonthly.com/news-politics/so-you-want-to-be-chairman-of-exxon/amp/
Guyana Considers Creating Own State-Owned Oil Company - It Could Sideline ExxonMobil From Bidding on Future Exploration
Editor OilPrice.com Tue, April 19, 2022, 5:30 PM·2 min read The world’s newest offshore oil player, Guyana, is considering making a big move—one that could sideline Exxon from bidding on further exploration areas, Vice President Bharrat Jagdeo said... — read more