Thread regarding ConocoPhillips layoffs

May 15 Shareholders Meeting Questions

Besides the office, aircraft, and drill-ship contracts, what other leases have we entered into which we never substantially used? Who has been held accountable for these?

Operating costs have gone down company-wide. A significant reason is due to dispositions. Please show the SGA cost trend of HQ vs Operations over the last five years.

Management of a large organization is attained through technical or leadership competency or, alternatively, cronyism. Please explain the circumstances of the promotion of our CFO to his current position.

Since the split, what documented value (and loss) has been created by Exploration? Please discuss the largest successes and failures and who is accountable.

When was the last time a survey was done regarding employee morale?

Repeatedly you have talked about the excessive rates of return for individual Eagleford wells. When does this show up in earnings? What empirical evidence do you have to support these rates of return? Last, if these are accurate, why don’t we put all company capital there?

What are the full-cycle rates of return for APLNG, Surmont, and Eagleford? Where currently are the managers responsible for these projects and have they been held accountable vs what they promised? What are the cumulative cash and earnings of these three projects?

Broadly, what were the recommendations from ECO? Given that Harvey was a local event and HQ’s bureaucracy infects us worldwide, why were these changes not implemented?

Please present cost and manpower per BOE benchmarking information for us vs our competitors, what was presented from the 2014 COST effort, and what it looks like now.

In terms of worldwide employee compensation for February VCIP and other bonus compensation, what percent of this February award went to the Leadership Forum? How does this percent compare to our peers?

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| 2204 views | | 9 replies (last May 17, 2018) | Reply
Post ID: @OP+T7rvze7

9 replies (most recent on top)

What’s not promising? Didn’t you hear our esteemed CEO when he reiterated that COP is all about Smart Growth, Surperior Returns, and SPIRIT Values? That’s all factual information isn’t it? Surely he wouldn’t be trying to blow corporate smoke up our bungholes.

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Post ID: @6wel+T7rvze7

Yes, the real facts about how this company is doing and being run are not promising at all.

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Post ID: @4aig+T7rvze7

OP, those are darn good questions. The fact you are asking those specific questions leads me to believe that you already know the answer. It’s not a very comforting thought, is it?

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Post ID: @4tkn+T7rvze7

Hope the ELT don't find out their Mom's post here.

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Post ID: @4kag+T7rvze7

@3gbq so what’s the reason they will mention for termination ? Do this dismissal qualify for years of service x 3 week payout? Count me in !

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Post ID: @4vqu+T7rvze7

Hired a specialty IT contractor? That is just amazingly funny. Thanks for the chuckle. I am certain that this site and its postings are dead center of the ELT's radar screen.

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Post ID: @3uuy+T7rvze7

OP, the company has hired a specialty IT contractor to pinpoint and target employees posting hete. This company uses proprietary software to identify employees through their internal emails (words, syntax, grammar, etc.) and correlate to the postings here. If you have written enough, the identification is

like a fingerprint, and since IT has enough email from each of us, a correlated identification is close to 100%. Beware of your postings here (if you’re an employee). If you look at your employment contract, posting here is grounds for immediate termination.

That said, if you ask these questions at the annual meeting, you’re toast anyway. Anything less than total butt-sniffing devotion to management is a career killer and puts you at the top of the list for the next round of layoffs.

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Post ID: @3gbq+T7rvze7

Important question: Where's Waldo?

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Post ID: @1deu+T7rvze7

The ELT should go on more hunting and fishing trips to get better utilization of the aircraft. Having the planes sit idle is an embarrassment and shows poor planning.

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Post ID: @1iec+T7rvze7

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