Nope, AAET will not add value to APC’s bottom line. It’s just a smoke and mirrors setup designed to give the impression that the execs are breathing life into the carcass of a lifeless company. If you’re wondering whether you should invest, I’d... — read more
A Winderful Analogy! My Gift 2 U
Anadarko, is that you? A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance before the race. On the big day, the Japanese won by a... — read more
M&A
Looks like there's fresh talk of a merger with Apache. If you put two losers together, does it make a winner?
AAET
Could someone please provide a discription of what 'AAET' is and how this service provides value? I've read (over the course of several months) on this particular forum that there are people who favor AAET positively and those that do not. Please... — read more
Core Values Moment
Check the Insider. “Propane Recall Exemplifies Core Values”. When did they add “covering your a-- from lawsuits” to the core values?
Activist Investors Coming
Anadarko is trying to rapidly reform incentive structure because Activist investors are targeting APC. They have already gotten Chevron CEO fired (layoffs coming), GE (CEO fired, splitting up for parts, the crown jewel digital/ Predix platform is... — read more
Charity in the 1st Degree
I heard a rumor that Al is selling one of his yachts and donating the proceeds to the employee bonus pool in order to make up for the shortfall this year. Should I buy that Camry my wife has had her eye on for the last 6 months, or do you guys think... — read more
Merry Christmas
Merry Christmas to everyone still stuck at APC. 2018 is going to be an even bigger comedy of errors than 2017, so break out the popcorn!
2018 is Going to be Huge
How about that chemical spill in Colorado? Great work Anadarko. I’d like to propose a new core value for 2018 in addition to the ones previously mentioned about sleeping with your subordinates...... “Safety third!”
Stay away from Anadarko
APC has been on a hiring binge for about a year now. Would you really want to come back here? Think about it. The worst performers are running the show. The ppt Kings. The pr queens. The color coded meeting jesters. There are more layers now than... — read more
Why the hate
Just wanting to know why the changes at the top in Denver? I guess the fat references got it canned last night great job APC!!!
Houston Chronicle Article - Bonus Change - Double Digit Pay Reductions for Blue Badges
The APC show is ends for me in 2018. I am done boys and girls, no threats, no requests for management, I am tired of pay stagnation, VCP removal and now AIP "adjustment". It is time for greener pastures. I will miss most all of you guys and gals... — read more
Pop quiz - Anadarko Leadership
On a scale of 1-5, where 1 is a bag of doorknobs and 5 is George Washington, how would you rate leadership at anadarko? And why?
Big Money Big Money
Anyone know what bonuses will look like come March? I want to know if I’ll be able to pay off the credit card debt I’ve amassed from buying useless $h1t people sell on the classifieds board.
APC Christmas Party - Denver
I'm going to check out the APC Christmas party this year and reconnect with old friends and co-workers. Could someone please post when and where the holiday party is in Denver? I thought I would stop by and say hi..maybe grab a few drinks and rub... — read more
Apples Pears and Cherries
It sounds like a lot of people are unhappy in their jobs at Donnie Darko. I have a solution that’s worked wonders for me over the last few years, and it could work for you too. Just activate your imagination and pretend you’re doing something that’s... — read more
Cray Guh
Anybody know if “cray-guh” is going to whiting too?
LOL. Major edits on this page !
Reminder. Don't use names ! But keep the comments coming !
Denver Office
I heard a rumor that they’re going to close down a majority of the Denver office before year end, leaving only essential personnel like HR, mail room, and janitorial staff. Has anyone else heard the same?
Anadarko has one sole function
This corporation is structured to function solely to pay lavish compensation on insiders. Members of this fraternity are admitted only based on their ability to increase the size of the trough at which all of the hogs feed. Shareholders, customers... — read more
Where are you all at the town halls?
The last Houston one featured only softball questions as usual. Why aren't people asking hard questions?
Worst Departments
Anybody have any insight on which departments have the most toxic environment? I hear rumblings daily.
EC Reviews Headcount?!?
I've been hearing from my manager that Walker and the crew now spend their weekly meetings reviewing all new hires. Is that possibly true? Seems such a waste of time (for those making millions a year, and losing APC billions a year). What leadership... — read more
Forecast
Does anybody have the long boarding forecast for Vail Pass tomorrow? I'd like to skip out before the town hall and shred some asphalt. If I have to listen to the execs pat each other on the back while the company goes down like the Titanic one more... — read more
Anadarko buying Noble?
Anadarko buying Noble. Overheard the baboons talking about it. Sounds like it's all but a done deal at this point. Expect announcement early next week. This rumor has been persistent for months now, I wonder if we are actually going to find out once... — read more
Any new rumors?
Good or bad.
Message in a Bottle
Hey Al, if you can hear us over there in San Diego, would you mind sending a few of your inflatable pool toys? And maybe some of that California sunshine too?
People Leaving APC
I spoke with an old APC co-worker this morning whereby he mentioned Anadarko is experiencing a large number of people leaving for better opportunities. Several key players in the Denver office have decided to move on which begs the question...why do... — read more
Position goals!
So to make goals to leave the comfy & cushy Woodlands positions and strive to relocate at the company's babies...Midland & Denver? That is the common question of many!
Al vs other CEO's
Does anyone have any perspective on Al vs CEO's at competitors? Positive or negative.
Perks
Does anyone know what sort of perks management gets? I hear they have some hunting lodges.
Out with the old, in with the new
On a the new hires. It makes me think the layoffs were more about old timers and money. They could have cross-trained people to do other things. Unless it is a very specific job people can be cross-trained. This is especially true in the world of IT... — read more
Cash Flow Problem
"If the company were to grow its cash flow from operations from 2Q17 by 10% in each of the subsequent quarters, then it might still face a cash flow deficit of $207 million in 3Q17 and $85 million in 4Q17, as per my rough estimates. In this case, for... — read more
Q2 Bleeds Red Ink
"Anadarko Petroleum (NYSE:APC) -4% AH after reporting a steeper than expected Q2 loss and cutting its 2017 capital budget by $300M to an estimated $4.2B-$4.4B because of depressed oil prices." seekingalpha.com
We are losing talent left and right
I've had frequent discussions with current APC employees in multiple disciplines and you're correct - the moral couldn't be worse. The frequent thread is that many of the survivors of the big one were the people who should have been let go even... — read more
Conversations With Current APC Employees
Well folks, moral couldn't be worse. I've spoken with several current APC employees over the past few weeks, and, well, they are not happy. Not happy at all. Why aren't they happy? Hmmm, let's see... The only assets worth a grain of salt are DJ and... — read more
No Replys, No Days Ago.
What's really being researched or deveoped day by day in any kind of productive, profitable sense?
Noble Energy
U want it ...u sure about that “targeted purchase of their DJ asset and the operational efficiency it might bring. " ...WTF ? There is NOTHING efficient in Noble's DJ Basin. There's a reason they have such a high Noble Energy employee turnover rate... — read more