Topics regarding layoffs at Anadarko Petroleum Corp.

Topics regarding layoffs at Anadarko Petroleum Corp.

SEC Filing

From the publicly filed proxy on the merger, what is “APC’s Executive officer who is not a named executive officer”? This will pay $605k for vested APC stock options, $1.3m for unvested stock, $2.3m for outstanding APC RSU awards, $4.8m for... — read more 

Integration... Again

Not sure about you guys, but I absolutely love the clarity around our 401k and personal wealth accounts. What “options” will we have for our 401k accounts? What the hell is happening to that $$$ in our personal wealth accounts? Is that being rolled... — read more 

AAET pack your bags

I hear the Oxy data science manager is not going to retain much of AAET. Get those resumes ready!

OXY 401K

How is the 401K calculated? APC Matches up to 6% 4% even if you don’t contribute anything 6 to 10% based off you age to a low yield account linked to 30 year TBill with min 3% return. Yes, that’s a total 22-26% a year

OXY Bonus Formula

How is OXY’s bonus formula determined? At APC you have a target %, the higher up the food chain the higher the %. Mid level is 10 - 20% of your salary. Around Feb the EC spits out a magic number, usually between 1.25 and 1.5 based off company... — read more 

Company wide mental health day?

You know, the book club, chair yoga, self defense class and balloon bazaar just isn't enough to distract me from all the BS here at APC. I think we ALL need to schedule a mental health day at the same time. What say you APC?!?!

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| 1960 views | | 2 replies (last July 23, 2019)
Post ID: @OP+107FUVFz

Integration Update

They listened to the feedback and removed their pictures from the email signature.

August 9th

Place your bets everyone. The close date coincides with payroll. Monday morning m—acre? Executives gone for sure, but who thinks they'll be able to cull a good 25% right off the bat. No doubt, the actual integration will be a long and... — read more 

Balloon Bazzar

Am I the only one that thinks this is a joke?!?! With all the money the EC is about to receive maybe they should be paying for there own damn balloons... What a joke...they are all laughing all the way to the bank while the worker bee's wait in... — read more 

The silence is deafening.

Is this their idea of transparency? Reminds me of my Ex-wife. Shrouded with secrecy and obscurity. If anyone needs me i’ll be at the gym working on my glutes.

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| 6290 views | | 9 replies (last July 18, 2019)
Post ID: @OP+ZZgnyMO

SEC investigation

Any updates? We must have done an internal investigation. Anyone not showing up for work? Anyone's house mysteriously on the market. . Unfortunately Oxy buyout provides cover for aberrant behavior.

Don't trust Oxy

Look at the reviews on Indeed and Glassdoor about working for Oxy. A word to the wise,

HSE Meeting

What everyone’s thoughts on the most recent HSE monthly meeting? It seems corporate is completely out of touch with what goes on in the field. Also that one directors HPI presentation seemed to be a massive middle finger to the field. Thoughts?

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| 2090 views | | 2 replies (last July 11, 2019)
Post ID: @OP+ZO3sQOV

Any word on retention bonus?

Any word on retention bonus or anything of that nature? I would assume we would get our personal wealth money?

What is OXY’s PTO Allowance

How much PTO do you get at OXY? What is the schedule for it increasing? Asking because part of the CoC stipulates similar benefits. OXY might get an increase.

Is there any hope for COC?

With all the uncertainty, it’s hard to stay focused. I’m hoping for COC, but feel Oxy will not give it to many people.

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| 2500 views | | 1 reply (June 25, 2019)
Post ID: @OP+ZJH8kSd

Disappearing posts

Hmmmmm... finally had some real information on here and the whole post is taken down. It didn't have anyone's name on it. Now I see no posts from yesterday at all. Where's the transparency??

FAQ updates

What happened to posting the FAQs? A lot has been sent in, but they stopped posting answers to any questions that we have. Where's the transparency that was promised?

Voluntary retirement

At our townhall with Oxy CEO, it was said voluntary retirement for those 55 and up would be offered for both companies. Will it be the same package as the COC?

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| 2710 views | | 1 reply (June 19, 2019)
Post ID: @OP+ZCVL7lQ

Upcoming Townhall?

Oxy has a townhall next week; any word if APC is going to have one as well?

Accelerated Close Date

Heard from multiple sources that the close will occur in mid-July, not September.

Mid Year Reviews

I guess we don’t need to be concerned about mid year reviews?

Will Oxy Keep Denver Office?

Seems like a good idea to keep it to stay close to Rockies assets. Also I bet there's plenty of Oxy suits who want to get the hell out of Houston and keeping this office is that ticket out.

Coincidence

The only time RAW came out of pocket to purchase APC stock was in May 2017 at a tune of about $1m. According to OXY’s S-4, formal talks between he and VH took place in July of that year. Coincidence?

Thanks RAW

For making us the joke of the entire industry with you and your incompetent EC payouts. Unbelievable, $300MM? You guys are jokes.

Payouts

Worth it? https://www.wsj.com/articles/anadarko-ceo-to-get-98-million-payout-in-occidental-deal-11559936273

FTC ends waiting period

https://communityimpact.com/houston/the-woodlands/business/2019/06/05/occidental-anadarko-acquisition-ftc/

Town hall with Oxy

What happened to messages on here about the town hall? Vicki impressed many and seemed to be transparent about plans for the future. Keeping Woodlands campus for awhile since everyone will not fit at their new campus. voluntary retirement for 55+... — read more 

Retiree medical

Has anyone heard what will happen with the retiree medical insurance? Will those already retired still receive a benefit? With voluntary 55+ retirements being offered, will those employees have the retiree medical option if they already qualify for... — read more 

Join The Club With Pioneer And Weatherford

Haven't you heard? Layoffs are the latest rage in the oil patch. Add Ford to that list because they are going 'green' baby with all those cool EV's. Don't need thousands of people using that nasty petroleum fuel. An advanced technical degree and... — read more 

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| 2710 views | | 5 replies (last May 27, 2019)
Post ID: @OP+ZcbTzJq

Future for APC midstream?

What is the prediction for midstream assets? Seems that the "stock market doesn't understand midstream and their associated debt situation resulting in APC stock penalty"? (something along these lines anyway) "We (new Oxy) will have superb midstream... — read more 

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