Looking at executive compensation and at the same time watching elimination of employee match for charitable giving and volunteer grants. There is zero excuse for cutting these programs. Pure greed. Bloomberg should write an article
Downstream pushing out Upstream at EMHC
Anyone else noticed the multi year trend of downstream pushing out upstream people? Technical leadership as well as managerial. Some very ugly examples. Only reasons I can think of are: DW is putting his pals in key roles Downstream salaries... — read more
Companies cutting the fat. Let's see exxon do it. Not.
Companies Are Slashing Management Roles, Is Unbossing A Career Ki-ler? https://www.forbes.com/sites/lizelting/2024/08/06/companies-are-slashing-management-roles-is-unbossing-a-career-ki-ler/ It would make sense for this bloated company to do this... — read more
Withholding bonuses of CEOs when they hurt long term vaalue
So we saw BP do it with their former CEO and now we see Qantas do the same….i bet we don’t or even dare to think of doing the same when DWW damages our long term value. He is cutting costs beyond the bone, we have lost so many talent folks and more... — read more
Why aren’t we asked to give a performance review of our managers/supervisors?
Our supervisors can rank us, but we don’t rank them. Why? What if you are PiP’ed because your supervisor su-ks and wants you out?
Golden Pass
Bloomberg should write an article about Golden Pass. When first built was way over cost and schedule. Was never used and sat idle for a decade or more. Now project to reverse to export is way off on cost and schedule. Any accountability at the... — read more
A lot of work to do
Yesterday (Tuesday) we had a global IT forum. One of the female presenters showed a slide with IT personnel segregated by gender. Her comment was "Looks like we have a lot of work to do!" I keep thinking about her comment and just how asinine a... — read more
All in a days work!
In 2023, ExxonMobil CEO Darren Woods' total direct compensation was $36.9 million, which was 2.8% higher than the previous year. This included: Base salary: About $1.9 million Annual bonus: $4.8 million, down from $6.4 million in 2022 Total realized... — read more
Ranking Houston's 100 highest-paid executives: Guess who tops the list
Woods, Darren W. Exxon Mobil Corporation (NYSE:XOM) $36,919,898 McFarland, Mark Allen Talen Energy Corporation (OTCPK:TLNE) $29,574,742 Williams, Jack P. Exxon Mobil Corporation (NYSE:XOM) $22,937,316 Chapman, Neil A. Exxon Mobil Corporation... — read more
Work Smart and Hard
a lot of folks are working hard but not smart…look at the company holistically and where the good jobs are. Don’t go chasing after glorified titles where you have to do grunt work. Be selective in where you choose to go, which supervisors/managers to... — read more
Central Europe Refinery Work Experience
Does anyone have first hand information on work environment and culture differences between Antwerp and Rotterdam refineries. If you could choose which site woud you prefer to work at. I may have a choice as to where I end up so looking for any tips. — read more
Cost cutting isn’t a winning long term strategy
We can’t cut costs forever. Eventually there won’t be anything meaningful left to cut. Then what? Executives have shown no talent for anything other than cost cutting. When will they learn how to actually grow this company.
Better off elsewhere??
If you have left or have friends that left for greener pastures can you post the company name? I want to leave, but I’m scared! Is the grass actually greener or is every company just as terrible??
Is "green energy" the reason we consolidated North America in Texas? Cheap Renewable Energy?
Texas Plans To Build More Renewable Energy Capacity By 2025 Than The Next 9 States Combined Story by Sam Whisnant Texas Plans to Build More Renewable Energy Capacity By 2025 Than the Next Nine States Combined Story by Sam Whisnant Texas is... — read more
Our tussle with Chevron over Hess is a lost cause.
We’ve read the preferential right to purchase provision at issue in the Chevron-Hess merger. We don’t stand a chance because the typical “change of control” exception applies. DW is pursuing this for no reason other than to pump our stock for his... — read more
Exxon reduced structural costs by $1.0 billion year to date, bringing the cumulative to $10.7 billion compared with 2019
Allen Good, CFA Aug 2, 2024 Key Morningstar Metrics for Exxon Mobil (1) Fair Value Estimate: $138.00 (2) Morningstar Rating: 4 stars (3) Morningstar Economic Moat Rating: Narrow (4) Morningstar Uncertainty Rating: High ***What We Thought... — read more
Exxon has become the epitome of fear based culture
Remember when managers used to encourage us and work with us to ensure everything was done well and on time? Now, all they do is threaten and yell, as if that's going to help anything. I'm getting tired of it, and fast. If you won't help me, then at... — read more
Bold statement
“We see oil demand holding steady at around 100 million barrels per day in 2050, while demand for renewables and natural gas grows considerably.” As the only O&G company that stuck to its g-ns, and continues to do so, it’s reaping rewards of its... — read more
Real estate
Will real estate if Houston go up with pioneer, de bury and chevron coming here?
Best green stock = Exxon
https://finance.yahoo.com/news/why-exxon-mobil-corporation-xom-120816738.html Overall XOM ranks 1st on our list of the best hydrogen and fuel cell stocks to buy.
Love it
proud of what company is doing to protect our Guyana rights. The stock and earnings today indicates how we are beating competition and Chevron. Please use the sharing tools found via the share button at the top or side of articles. Copying... — read more
Chevron coming to Houston
there you go guys....
Good numbers at Earnings Call
Somehow I suspect it will not translate into any improvements for employees. Also, growth is mostly prompted by crude production. Any other areas contributing to better numbers?
Coffee chats at EMHC
I’ve worked lots of sites from Baytown, Dallas, downtown, Greenspoint, Dallas again, and now EMHC. I’ve been at EMHC for a year now. It’s wild to me seeing so many coffee chats with executives. At other locations there wasn’t really a spot to do... — read more
S&D and Skill Evaluation Hoax
If you believe S&D or your skill level plays any importance in what assignments you receive think again! It is just a mirage to give non HIPOS a feeling of control and purpose where there is none. If you aren’t. HIPO there is zero thought given to... — read more
No Holiday at Holiday Hills
So much politics right now. Executives taking the merger with Pioneer as an opportunity to kingdom build and settle old scores. Those not seen as lining up on the right side being punished and demoted.
Headcount by country
Anyone know where headcount by country can be found? Even better if it is by year.
Difficulty hiring?
Company ads used to only feature execs and hipos to stoke egos. Now Exxon ad spotlight hires from what was considered second or third tier universities. And you see more experienced hires company would never consider before. Actually, I wonder... — read more
Share the most outrageous behavior by employees.
I will start years ago one employee blew a solid aluminum plug through a building. It would have ki-led somebody. The reason was they over pressured the pipe section the were testing. I don't know what they were thinking but they did it. It was a... — read more
How to get promoted
The best way to get promoted is to have a competent team. You can then be hands off and spend all of your time managing upward. Basically don’t do your job and spend all of your time promoting yourself to your superiors. I’ve seen it work time and... — read more
Look at what they do, not listen to what they say
How about they demonstrate they care for people instead of talking unconvincingly about it? How about they start giving material incentives for work performance instead of prep talk? How about they reward people who are willing to take on difficult... — read more
BRCX VP Visit Townhall
5 visiting executives congratulating themselves for how much they care about people (except the NSI folks as they don’t matter) and about 150 people. Was it worth over $1M of ExxonMobil money for the hour?
Guyana True Story
About time this story get out. Someone needs to remind the executives why we need technical people. If anything article was too forgiving of management and executives. Technical people who pushed for Guyana are freaking heros who saved the company... — read more
KLTC
Are we finally done with KLTC?
Consolidation to Baytown?
Starting to hear rumor of some labs/areas from Clinton/Sarnia going to Baytown instead of Spring. Anyone else? Is the lab area in Baytown open/ready for an influx of equipment (unlike the Spring lab building that is currently being rebuilt)? Some of... — read more
Travel More
Time to tell our overloads that we all need to travel more. Looking forward to that sure visit to all the GBCs and some stops along the way to save on travel costs... I think I can stretch it out to a week or several weeks! See ya! Don't we listen to... — read more
Stop offshoring
How can we stop companies from offshore and nearshore all white collar jobs from the US?