If yes, when?
14 replies (most recent on top)
VH the worst CEO in the history of the oilfield
This should complete her “partial” recovery. VH compensation should be zero. She has destroyed billions in shareholder value
We need to all file class action lawsuit against VH and the entire BOD.
No wonder the public hate oil and gas and it’s excessive ceo compensations
https://occidentalpetroleum.gcs-web.com/node/25411/html
Ha. I got more by selling my Oxy stocks last year April and investing in Tesla! Oxy's growth has been tepid at best. The key is to outcompete what you initially had in Oxy pre-Anadarko, but Oxy's not going to be back there anytime soon. Not with this CEO.
The stockholder should have bought more at $10. 150% return in less than 3 months. Yeah baby!
The stockholders feel sorry for her only getting the partial restoration.
Still only partially restored for VH.
VH has officially recovered.
https://occidentalpetroleum.gcs-web.com/node/25391/html
“Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
As previously disclosed, on March 24, 2020, in connection with efforts to reduce operating and corporate costs, the Board of Directors (the “Board”) of Occidental Petroleum Corporation (the “Company”) approved temporary salary reductions for the Company’s executive officers, effective April 1, 2020, which were partially restored, effective August 1, 2020, following approval of the Executive Compensation Committee of the Board (the “Compensation Committee”) on July 30, 2020.
On February 10, 2021, the Compensation Committee approved a further partial restoration of the Chief Executive Officer’s prior base salary of $1,350,000 to $1,000,000, effective January 1, 2021.”
What is the biggest drag on earnings now? Revenue should look good for Q4. Is it debt related or costs associated with layoffs or something else.
A real recovery can begin with a layoff of one employee: Vicki Hollub.
Recover from the hangover.
Yes
It will be recover in the next 4 years!
Occidental Petroleum has recovered, but that dead money stock you continue to hold is a different story.
7 years from now. We’ll know Oxy has recovered when they dividend is back where it was.