Topics regarding layoffs at Occidental Petroleum Corp.

Topics regarding layoffs at Occidental Petroleum Corp.

Mohnish Pabrai on Munger/Buffet and OXY

One time, I was talking to (Charlie Munger) and he mentioned that he would love to have an investment in Exxon if he could get a commitment from the management that they would do no more cap-ex and they would simply run all the oil fields with the... — read more 

Divest,Divest,Divest

That's the first word that comes to mind when I think about Oxy... Can't find the hydrocarbons...only buy them. If Buffet didn't step in, where would you be now?

Komodo-1

When did Oxy's drilling department decide it could drill an ultra deep (world record) well in Colombia?. You were completely out of this business till you bought back into the GOM in 2019. This one should make you nervous... APC had a 100% carry on... — read more 

Apa Holdings

Anyone else heard this on the rumor mill? We acquired another company with struggling assets? Didn’t we just do this?

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| 1260 views | | 5 replies (last August 5, 2024)
Post ID: @OP+1tySXMpp

Beryl benefits

Word has it that Oxy gave free generators to the higher ups…not the lower level employees in need. True?

Oil Companies Headquartered in Houston?

Why not move to a more desirable place like Dallas after all these bi-monthly devastating storms? Houston is humid and dangerous. Why do all these oil companies HQ out of Houston?

APC Managers

Looks like Oxy is finally appreciating the talent base we had at APC. It's about time, perhaps we will see some success out of you yet.

Mega back door Roth

Has anyone here contributed after tax money to Voya and then done an In service rollover into an external Roth IRA? I see the form on Voya for in service rollovers and Roth is an option? Ie executed a mega back door Roth?

Buffett 50%

Looks like he is near 30% now. Do you think much would change if he gets to the 50% he has been approved to purchase? If he ever buys the whole company it would seem Oxy would change even more then.

Dealing with bad managers here

2 questions how does one deal with bad manager along with that, how does one move into another engineering group. Currently not happy with the group I'm in.

Layoff Rumors?

Anyone know if we will have layoffs because of the crownrock acquisition

Lying Vicki...no surprise

Saving the earth with Direct Air Capture or putting unmarked bills into Trump's gooey pockets at Mar-a-Lago, which way is the wind blowing today Vicki? No integrity. "...Other attendees came from companies including Chevron, Continental Resources... — read more 

New Oxy

Prior to the merger it was hard to find anything about Oxy on the web and social network sites (Except for the signage at Minute Maid park). Post merger Oxy is everywhere... Looks like the "new" Oxy has taken and used the media play book from APC... — read more 

Locating Retired Employees

How do I find out where a retired employee of Oxy may be. Is there an Oxy retirement community (website)?

DEI on its last leg?

Corporations are starting to dump their DEI programs. How long before Oxy joins in and dismantles its DEI program?

2024 Layoffs, VSP, etc.

I would think since there were no layoffs before the bonus payout we might be in good shape to avoid any in 2024, as long as prices for oil stay up. So it looks like business as usual for 2024. I would think Oxy would still be a candidate for being... — read more 

2024 Raise, bonus,LTI

Since we had people sharing last year. Anyone mind posting what you guys received this year? 21,4% raise ,20k bonus, no stock Less than last year but it's ok I think last year was an anomaly.

Who let the dogs out?

https://www.reuters.com/markets/deals/occidental-explores-18-bln-plus-sale-western-midstream-sources-say-2024-02-20/

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| 1050 views | | 4 replies (last February 22, 2024)
Post ID: @OP+1rahXYNS

Crownrock delay.........

https://finance.yahoo.com/news/1-occidental-says-crownrock-deal-200843444.html I thought the govt would be happy the oil field was getting smaller by the day. Guess they can't make up their minds.

Steve Chazen

This guy was bad for the company in that he did not support international BD. Seems like he wanted to get back at Irani. Yes, for those opposed to this post we can comment about dead people and be OK with it.

vSP

Is Oxy offering a VSP program in 2024 concurrent with the new acquisition? There are lots of people who passed it up last time ready for the program now. They deserve it because they stayed to help Oxy with the Anadarko takeover and transition.

Manager not happy about wanting to switch teams

Basically, I got approval from everyone to leave to join another team except him. This includes his own manager. He was not going to reject it but he was not happy about me wanting to leave.

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| 1840 views | | 7 replies (last February 14, 2024)
Post ID: @OP+1qdPbrgp

New campus location

Any guesses where the new campus might be? I saw a nice big empty looking lot between Richmond and Alabama and BS and Edloe on Google Maps satellite.

Good interview on CNBC this morning

https://www.cnbc.com/video/2023/12/11/occidental-petroleum-ceo-on-12b-crownrock-deal-provides-scale-to-our-midland-basin-operation.html

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| 1000 views | | 2 replies (last February 14, 2024)
Post ID: @OP+1q1Bztb0

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