ConocoPhillips and Anadarko Petroleum Corp. are among 29 U.S. oil and gas exploration and production companies whose ratings Moody’s Investors Service is reviewing for possible downgrades, spelling new trouble. ConocoPhillips is rated A2 by Moody’s... — read more 

So what external factor are you going to blame the company's poor performance on next? Don't say the whims of OPEC because that's a normal part of the Upstream business that we all saw in the 80s. Real leaders are shown in downturns and you and your... — read more 

ConocoPhillips and Exxon are in advanced talks to merge.

So, those of you who are familiar with the SPIRIT values this company touts like some mantra for the masses. I can tell you from personal experience from being under three different supervisors 2 male and 1 female - that integrity is not among... — read more 

At the current price of oil asset sales and tapping into the credit facilities are the only options other than M/A (or bankruptcy).

There you go: @EWQJXkm

A few notes for those involved with the layoffs in Oklahoma (and elsewhere). The economy as a whole in Oklahoma depends on oil and gas revenues. As the oil and gas industry goes, so goes the State of Oklahoma. A number of the largest employers in the... — read more 

The company is so adamant about paying a dividend that decisions are solely based on covering those payouts first and foremost.

Billions of Barrels of Oil Vanish in a Puff of Accounting Smoke http://www.bloomberg.com/news/articles/2015-12-10/billions-of-barrels-of-oil-vanish-in-a-puff-of-accounting-smoke In an instant, Chesapeake Energy Corp. will erase the equivalent of 1.1... — read more 

Do you know if they have layoffs too?

Big layoffs coming to everyone in office except the 2 originals that have been there for years. Get ready.

Anyone heard if the junior guys are safe for 2016?

HR is putting the 2016 list together. More grey hair to be removed.

Nick Exarhos indicates that the decline in U.S. oil production hasn't come about with the speed or magnitude most experts were expecting... But in the details of production data, he finds a dynamic that could support higher crude prices next year... — read more 

WTI @ 52 week low -- $38.50 -- Happy New Year, for bankruptcy courts. RIP COP.

Find ways to make money yourself and don't be dependent on a machine - http://fms.nu/pip77

I work for a vendor that works for ConocoPhillips. I find a lot of the comments here to be bitter and insulting, but given the circumstances, I suppose that is to be expected. I thought I'd give a different point of view to the dilemma that has... — read more 

Schlumberger cutting 10K - just announced - See the SLB thread here: @EJ9S5zv

She's gonna make oil prices go up. Go Clinton!

Enrollment ends December 15. And so you must decide by December 15 to continue with COBRA or continue with Healthcare Marketplace. Estimate income @ $20,000. In the end the tax credit is based on annual income. The process addresses the issues... — read more 

Best of luck on solvency. Oil is officially bust. I doubt COP will be in business in 6-12 months.

... Next round of layoffs will include a Christmas bonus ....that is for Porky Pig only...

COPC is a good company with great benefits when times are good and bad. I got severed and my pay is not nearly as good sit was when I was working for COPC. I have trimmed my buying and lifestyle, exactly what COPC is having to do. Come on folks don't... — read more 

US oil producers operating in the Eagle Ford shale in South Texas built an inventory of nearly 1,400 drilled but uncompleted (DUC) wells, said an analysis from IHS, which noted that the most promising of these wells belong to a few operators.

Current company profile shows 17,800 employees still have a job but before these lay offs COP had 18,100 employees. Does this make any sense?

are these pensions insured ? Legally, can the management raid the Pension fund and use it when debt rises every quarter ?

A promise of life, bliss and oppurnity in the oil industry are smoke / mirror screens. You can look at it like a scam. When oil is good, you have the world in front of you, when it goes South, you're the bottom of the bucket. All companies were... — read more 

Seeing posts that suggest this. I thought they just have the mass layoff event in oct. or are they continuing to lay people off but on a smaller scale right now?

I don't miss this shit one bit. The rest of you I wish the best of luck to. You will need it when COP is chopped up and sold in 3 months.