Topics regarding layoffs at Occidental Petroleum Corp.

Topics regarding layoffs at Occidental Petroleum Corp.

Happy Days

Occidental Petroleum (OXY) is preparing for its Q3 earnings report, expected to show a 52% decline in earnings year-over-year. Recent developments, including a 10% drop in stock value and mixed analyst opinions, are reshaping the company's investment... — read more 


Layoffs coming to Oxy!!! Test the direction and resolve of new COO and refresh Oxy (people, culture, assets)

A few weeks ago thee question of layoffs was posed. The response was VH promised no Layoffs and we are lean and mean… The street and influential groups think Oxy is stale and requires a rebrand both within its teams and its assets. A definition of... — read more 


Barron’s: Occidental’ s CEO Is a Favorite of Warren Buffett’s. She’s Been a Bust for Investors.

One of Warren Buffett’s favorite CEOs,Occidental Petroleum’s Vicki Hollub, hasn’t delivered for investors. Since Hollub, 65, became CEO in April 2016, Occidental stock has been in the bottom 10 stocks among the 50 in the S&P oil and gas exploration... — read more 


Oxy Door Dash

Sadly, Occidental Petroleum's EBIT actually dropped 8.8% in the last year. If earnings continue on that decline then managing that debt will be difficult like delivering hot soup on a unicycle... — read more 


Look back

So after everything settles from this Oxychem sale and the debt reduction is the company better off then if they never would have purchased APC?


$46.10

All these awards VH receives and yet the stock sits in the mid 40's. When Oxy is sold and she rides away with her ridiculous executive severance package, I hope all this blathering on this blog was worth it. She'll move on and you will be stuck... — read more 


Why Oxy don't do layoffs

Occidental Petroleum increased production by 14.8% year-over-year (YoY) to 1.395 million barrels of oil equivalent per day (BOE/day). Cost Management: This production increase was achieved while keeping absolute operating costs unchanged, leading to... — read more 


Layoffs

At ConocoPhillips. 20-25% of their staff. This is happening to a real oil and gas company, not like you…. The ride is coming to an end. Don’t forget to take your belongings.


Retirement....

Just curious how many of us at Oxy are ready to retire and can, but find it hard to walk away from the job because of the pay and benefits. I am still able to perform at a high level, but the routine of waking up so early and then working all day... — read more 


Start a new thread - post a news comment, question or message:

: