Thread regarding Occidental Petroleum Corp. layoffs

If OXY makes business decisions like they’ve made the RTW decisions, we are all SOL

The incompetence is staggering

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| 4191 views | | 25 replies (last November 11, 2021) | Reply
Post ID: @OP+1dCqOpzW

25 replies (most recent on top)

Who ever accused Oxy of making sound business decisions (at least in the VH era)?

Overpay for APC
(Try to) Sell Algerian assets to Total (the French). Ray Charles saw how that was going to end
Take out $10B payday loan from loan shark WEB
Forget about ARO in valuation models
Sell Ghana for $1.5B less to Kosmos than Total offered
Not retire GVG sooner

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Post ID: @9fhx+1dCqOpzW

@6ccf is that you again, bigot boy? The guy who ran like a coward when I agreed to meet him in Dallas? Typical Oxy again.

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Post ID: @6fgi+1dCqOpzW

Yep - thats what I thought. Truth hurts the cowards of Oxy.

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Post ID: @6lwd+1dCqOpzW

If the company were smart they would not hand out great bonuses just because of high oil prices. After all when oil prices were low did they take your bonus away like they should have.

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Post ID: @6udm+1dCqOpzW

Hey Karma Troll, did you listen to our Q3 Earnings Call? Lots of sweet facts mentioned.
Also, WTI above $80/bbl and NG above $5/MMbtu. We're rolling in dough. Too bad you're no longer in the game. I'll be thinking of you at bonus time.

Happy holidays! XOXO

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Post ID: @6ccf+1dCqOpzW

What good does it do to dwell on past mistakes. We all need to have a positive go forward view to get the dividend back and start growing again.

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Post ID: @6ewm+1dCqOpzW

Lol. Is someone actually denying Piper Alpha happened now? And people thumbing that up? Typical Oxy

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Post ID: @5nyq+1dCqOpzW

They are all facts and thanks for the typical Oxy response of zero defense. How about the Anadarko purchase as recent as well.

Keep ignoring what you are - adding cowardice to your response is another one.

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Post ID: @5omf+1dCqOpzW

Sorry kiddo, but you didn’t list any facts. You just listed historical events. Do you have anything current to report? Nope! You got run off long ago and are just so hurt from it that you can’t stay away.

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Post ID: @3xhf+1dCqOpzW

We are 30 billion dollars in debt and screwed the legacy shareholders out of their dividend. Greatest company ever.

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Post ID: @3pha+1dCqOpzW

Waa waa....but Piper Alpha was years ago. We are a great company with great people. Hands down the best company ever!! Waa.... Petrolia and Gas line explosions at Elk Hills? They mean nothing. We are the best company ever. What? $1 billion loss in North Dakota. That doesn't mean anything, we are the best company with the best people ever. Libya corruption and Tatweer humiliation? None of that is important. We are the best. LTS consolidation at Elk Hills and burning people alive at 35R? Why is that important? Oxy is the greatest. Ran out of Ecuador, Argentina and Brazil? So, that doesn't reflect on the greatest company ever! Corrupt lobbying in Libya?! Not important at Oxy. Best company ever. Maynas Carijano and the ‘we did nothing wrong, Oxy is great’ out of court settlement for an undisclosed fee? Irrelevant, we are the best. 70% drop in share price doesn't mean anything either.

Now, lets hear from the gifted people at Oxy with their adult responses based on facts.

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Post ID: @2bpy+1dCqOpzW

Nuclear powered autos are the wave of the future not electric. Soon you will hear more about this. Stay tuned.

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Post ID: @1cha+1dCqOpzW

@ingg, why are you still driving a fossil fuel car? Get with the program man. All the truly hip progressives drive Teslas.

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Post ID: @1faq+1dCqOpzW

@1kjy+1dCqOpzW

That is chump change my friend.

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Post ID: @1rvk+1dCqOpzW

I agree, all these points and mens bathrooms stink 😵‍💫.

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Post ID: @1ypi+1dCqOpzW

@1dvs+1dCqOpzW Tech companies pay many times more for people with experience. I have a friend with same years of experience after college in technology. He was offered 200K worth stocks at joining (4 year vesting) and equal amount of pay + free food and bunch of other perks here in Austin.

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Post ID: @1kjy+1dCqOpzW

We are drowning in debt who cares if we wfh or in the office.

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Post ID: @1sxv+1dCqOpzW

Good point but tech and real estate jobs don’t pay nearly what oil companies do. Also, you haven’t proven that you can effectively do oil and gas development just because you did wfh for 18 months. 18 months only represents 2 budget cycles at most which is nothing compared to the time frame for oil field development projects.

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Post ID: @1dvs+1dCqOpzW

I’m already thinking of applying elsewhere. Oil and Gas wants to talk all this BS net zero talk and then they force their 15,000 employees to drive two hours to work burning fossil fuels. We proved we could work from home for 18 months and oxy still is making us come in to the office. More progressive companies in tech and real estate don’t measure their employees productivity by the amount of time their butts are in a seat. It’s based on the work they do that they are TRUSTED to do.

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Post ID: @1ngg+1dCqOpzW

What are you doing on the internet at work? Checking your stocks, placing Amazon orders, probably anything but company business.

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Post ID: @1xjh+1dCqOpzW

I agree, I drive 1-2 hours daily to do teams meeting, it is pointless. Also the internet at Greenway is slower than what I get at my home.

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Post ID: @1yjw+1dCqOpzW

OP, go buy some vagisil and apply liberally.

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Post ID: @1lxn+1dCqOpzW

Just quit if you don’t like it. Oxy has made all the right decisions and most have been home working for 20 months. I know people that have been going into other offices since two weeks after Covid first hit us in 2020. We have been blessed and lucky to have the WFH as long as we have, and we still get two days a week. OP you are just a whiner, so do us all a favor and quit.

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Post ID: @yvt+1dCqOpzW

OP. You must be new to the company. Otherwise why would you make such a silly statement.

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Post ID: @qck+1dCqOpzW

Whatever, just one person’s opinion is all…🙄

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Post ID: @wmd+1dCqOpzW

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