By Irina Vilcu and Kevin Crowley Updated on November 2, 2021, 2:38 PM CDT Source: Bloomberg Exxon Mobil Corp. agreed to sell its 50% stake in a deepwater natural gas project in the Black Sea to Romania’s state-owned Romgaz SA for $1.06 billion. The... — read more 

One of the reasons I got out was the unbelievable way the C Suite rewarded themselves yet hung everyone else out to dry. Borrowing to pay the dividend since it lines their pockets with millions along with the bonuses while layoffs and PIPs were... — read more 

Folks, we’ve got fresh material served by friendly managers crawling out of the woodwork after dark: Forced ranking at the end of the day is how every company works All of these complaints about sponsors and brownosing is literally how the... — read more 

I hear that XOM has a complicated culture and that it prefers to promote within. I also heard that Experienced Hires have difficult time after joining the company and that many leave very quickly. Do you mind chiming in on the topic as I have been... — read more 

I always see posts but I never know who's on this site? Do you mind sharing what group you are with?

All, any insights on the best approach to take care of the pension payout after quitting? Do people just put it in regular investment account or are there efficient ways to put it in other sorts of retirement (ira/Roth/other) to minimize tax? Thanks — read more 

The numbers are finalized

It just rubs salt into the wound knowing what we had and lost. When we were not only the biggest energy company in the country but the largest publicly traded company, period, and when that was reflected in our pay, benefits, and job security. To go... — read more 

Please post the truths you have seen and witnessed at Exxonmobil. In my time I have seen the following. Worthless protected employees not PIPed when hard working employees got PIPed. Safety violations and violators getting off and protected... — read more 

Here are his quotes: "Last year during the pandemic, we worked to improve our cost structure by $3 billion versus 2019. That progress continued in the third quarter. Our structural costs are now $4.5 billion lower than 2019 on an annual basis. With... — read more 

All at the same time. How does that make any sense?

What happened in the Downstream's natural gas and liquids supply trading groups in the 3Q? We had a 2Q loss in the mark to market trading of $700 million. No mention in the 3Q earnings report that I could find. Lost big $$$ in 1Q as well. In... — read more 

The goal is $15B by YE2021. With the British North Sea we get to $7.5 to 8B by YE. I know I am on 3 NDAs but little progress after a lot of work on a lot of folks part. Why can't we close the deal? Has Dallas changed its mind?

With the return of respectable profits, dividend increases, and stock buy backs as well as the hope of a future money making machine in CCS my management took a moment, as all infallible leaders would do in such circumstances, to recognize all the... — read more 

https://www.bbc.com/news/av/entertainment-arts-59101408

https://www.reuters.com/business/energy/exxon-mobil-posts-highest-quarterly-profit-nearly-four-years-2021-10-29/

I could not attend the presentation and really have no time to read it. So I asked my 12-year old nephew to review and summarize. 3Q21: lower operating expenses lower planned maintenance activity structural cost reductions lower overall development... — read more 

What's your take on this “initiative” and how do you think it will translate into your organisation?

Is management smart enough to know how this will impact perception of compensation? Personally, this seems like a preliminary slap in the face. 2 years of no raises (and cut of 401k matching) and inflation would reason that raises less than 5% will... — read more 

Why do you disrespect everyone by not valuing others time by starting late?

EM has thrown away over $200 Billion in stock buybacks in the past, yet the stock price trended downward anyway. If EM had kept that $200 Billion in a rainy day fund then we would have never gone into debt, ran out of money for projects, or had to... — read more 

https://finance.yahoo.com/news/exxon-tells-locked-texas-refinery-012031417.html Seems poor negotiating strategy to tell them (and the world) they are underpaid....

Corporate Strategic Research, CSR in Clinton New Jersey is where frauds with lame PhD degrees who couldn't be hired anywhere else run amok. Where the cutting edge research is nothing but: high school level pi chart and bar chart plots in powerpoint... — read more 

https://www.barrons.com/articles/exxon-mobil-stock-dividend-aristrocrat-51635365082

Question from Congresswoman Presley: what percentage of your revenue is spent in training your workers to work on renewable energy? Answer by DW: eh Um I would have to look eh umm I don’t have eh ZERO - ducking zero. They barely spent into any... — read more 

Just noticed online that DW was given 205,000 shares on 24 November 2020. That is just before the layoff due to EM poor performance and planning of our senior management. I recall that EM management had a lesson learned at our previous layoff to... — read more 

One word: Cringe

...so you stay, and be MISERABLE for the rest of your life while the so-called leaders tell you SUCK at your job. Enjoy your pay raise.

Wow over 100k addresses and millions of subsequent emails. Ok 500 users who relied to all, they know who you are haha.. There is no doubt we will now have a annual training course on emails!

Fabulous Quarterly Earnings Ahead? Perhaps increasing oil demand and prices suggests hope on the horizon for O&G?

After Darren and the fellow presidents all mentioned about it in their town halls, somehow there is no more discussions here about it? Consolidation? Efficiency? We all know most of us will have non-zero raises by early 2022 but what’s going on with... — read more 

Will only accelerate attrition. First, who gets what and what's the basis. Second, when the next downturn comes, who will support those exaggerated pay. Pay hike is not the solution to the growing attrition.

38 more layoffs YAY TEAM! https://www.adn.com/business-economy/energy/2021/10/27/hilcorp-energy-agrees-to-take-over-operation-of-alaskas-point-thomson-gas-field-from-exxonmobil/

Hope everyone tunes in tomorrow for our CEO testimony in front of the Congress House panel. It will be telling. I don't mean DW will be telling anything - only talking. The telling - or tolling - will be from those on the other side, but also from... — read more 

What if we just PIP the people that click “reply to all” , and reply to all with “Stop replying to all!!!”

https://www.bloomberg.com/news/articles/2021-10-27/exxon-raises-dividend-to-keep-decades-long-aristocrat-status

I am currently employed with another supermajor and applied to a Job with XOM in search for better benefits. to my surprise, the offer I got is 33% lower than my current package! Either the position was not at the same level of seniority or the... — read more 

I am interviewing regularly and I realized I have not learnt anything new which outside company needs. Higher education is an option now. ~ Low cost TC emp