Sold the rest of my stock yesterday. Finally my liberation day from Oxy. Wish I could say the last six years of holding this paper was fun but it wasn't. Lots of luck with new management and I hope the stock price doesn't drop back into the 40's any time soon...
6 replies (most recent on top)
Lame, same guy is liking his own post multiple times in incognito mode and disliking the ones he does not... man that is so lame...
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Stock will go up now that the cement block and incompetent VH will be gone as CEO.
All professional reviews of her subpar performance say it’s been a disastrous reign and has negatively affected the company and shareholders. Facts are facts.
Good riddance VH.
This is my personal opinion about Vicki. Yours might be different from mine. VH is the best thing that has ever happened to Oxy. She took the lead in areas where others are reluctant or afraid to take the lead in the industry.
She transformed Oxy into a company that is very stable (no massive layoffs), innovation in LCV, and very competitive assets.
You people should get over the 2019 acquisition of APC. It was a huge risk she took but owned up to it by leading the company through it along with the COVID pandemic period where companies were doing massive layoffs all over the place.
I don’t think if it’s a male CEO, they will keep bringing this APC issue up. Many male CEO’s have made terrible decisions and lay people off to cover face and grant themselves bigger bonuses by calling it money saved from efficiency (headcount reduction). Vicki treated all employees with dignity and respect. Hats off to Vicki for the stability she brought to Oxy and wishing her all the best as she transitions to the BoD to ensure further stability and support to Richard. Congratulations to Richard on this great privilege to lead Oxy.
P.S: If you are not happy with Oxy, I believe you are mature enough to seek employment elsewhere. That’s what l did in the other places l have worked. If it’s not serving my needs anymore, l look for a job elsewhere rather than coming online to throw insults at people. If Oxy no longer serves my needs, l will leave elsewhere. No company is perfect but Oxy stands out among all the companies as the most stable. Go ask the folks in Ovintiv, ConocoPhillips, BP, Chevron, Shell, XOM and the rest that were lay-off the past 2 years. They would have been glad they were at Oxy to have that stability for their families.
Sold most of it at $65... Was hoping for more but then again this is Oxy we are talking about. Free of this t**d at last! Enjoy the $40's...They are coming.
Stock will go up now that the cement block and incompetent VH will be gone as CEO.
All professional reviews of her subpar performance say it’s been a disastrous reign and has negatively affected the company and shareholders. Facts are facts.
Good riddance VH.
Yikes... you are not very smart, aren't you?. You should have sold at 65 a few weeks ago. Good to put it here I guess, who cares if YOU sold?