U.S. crude oil inventories USOILC=ECI rose 8 million barrels last week Oct. 18, the government-run Energy Information Administration (EIA) reported.

We've been through two layoffs and we still havent fixed the real problem, which is that we have way too many poor quality assets that don't make money above $70 oil. Why are we spending money to produce fields where we sell the oil and LOSE MONEY?... — read more 

So they came from Houston to rally the troops. We know the true leader was re-patriated. Here comes the legion of "hydration mitigationers". "Power(s)" to the midget and his minions. Enron in E&P yeah COP! Where are senators Sarbanes and Oxley... — read more 

https://www.thelayoff.com/espn

I heard the third round of our layoffs starts in March. What have other people heard?

ConocoPhillips is expected to report a full-year revenue of $35.91 billion and an EPS of -40 cents per share. Therefore, it should have a dividend coverage ratio of -0.14. ConocoPhillips' negative dividend coverage ratio indicates it may be in... — read more 

What kind of bullshit was that midyear let me tell you how much Im needed. In other words if you couldn't give them as much bullshit as the deal out to you. You got a bad rating and first on the list to go. Down your job is not good enough . Got to... — read more 

And his name is HATFIELD

They are a force on the main campus, are they a force elsewhere as well? Did any get laid-off? Or they just looking out for themselves?

Hatfield padded the COST team with people that were not in positions with a high business need (PAB, Barnett) and now made 'openings' for these people. In the next cost-cutting go-around, I will be the first to raise my hand to volunteer for that... — read more 

I understand there is going to be an announcement today regarding the reorganization of EagleFord. Does anyone know what that announcement is? How are they reorganizing the asset?

At least now that if y'all got laid off (or already have), you know what your next career path should be.

Thought this site was about layoffs.

WTI has been in the 60's for 6 months and 45 for 4 months, I highly doubt it unless the cost cutting strategy continues.

The report will be for the fiscal Quarter ending Sep 2015. According to Zacks Investment Research, based on 9 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.18. The reported EPS for the same quarter last year was $1.29.

http://www.theguardian.com/environment/2015/oct/14/exxons-climate-lie-change-global-warming?CMP=ema_565a

I've heard rumors COP will be selling off all of the canadian BU if prices stay suppressed. Can anyone confirm this?

http://www.houstonchronicle.com/business/article/Oil-may-be-down-but-pay-is-still-up-for-top-6404881.php

?

ConocoPhillips, which is cutting 500 workers in Canada this year, removed complimentary juice and soda from fridges in Calgary and canceled personal development benefits of as much as C$1,500 ($1,153) a year that some employees used for sports... — read more 

Broken English 0 Able to speak English -6

COP is trying to sell oil and gas properties in the Rockies, east Texas, south Texas and northern Louisiana for a combined $2B, and now it is questionable if it can hit the target.

WOW!!!! This stuff really works! I got rid of my anal warts in one application now you can too! Full money back 90 day guarantee! Just go to www.viewmyanalwarts.com

Go visit seeking alpha if your interests lie in the ConocoPhillips sponsored propaganda. And take the ConocoPhillips feel good elsewhere.

Being laid off means you are not being subjected to their stress of not having a job tomorrow. Move on and better yourself if you've worke for them you should have a good retirement. Life goes on without cop as your employer. Next time stay out of... — read more 

Expect more layoff's soon.

I really respect everyone opinions and I am truly sorry anyone got laid off. As someone who spent sometime in "unknown land" without any job prospect, I can totally understand the frustration. However, I also understand the reason why the company is... — read more 

They would have given people notice and time to find a new job. Or at least, management would not have warned supervisors against contacting or communicating with anyone whose been laid-off.

Did anyone notice that paychecks were issued a day late? Really? For years, the mid-month paycheck went to the bank on the 15th so it would actually be available on the 16th. This month, however, the paycheck went in on the 16th, so it won't actually... — read more 

In my BU 90% of the layoffs were minorities. My group in particular ALL layoffs were minorities.. One white guy was let go but he was new.. Crazy! Anyone else seeing this trend?