So, RL is specific about disposing of new ventures and global exploration - but how safe do any other groups feel? L48 at COP? Concho in Midland? other disciplines?

Seems like every lay off, the promise of thinning out the countless layers of managers is made. But they’re all still here doing whatever it is they do. It sure ain’t managing anything. Any guesses as to how many of these micromanaging lackeys will... — read more 

1) Announcing $1B in buybacks! 2) Increase in the dividend to shareholders! 3) Acquisition of Concho Resources for > 9 $B USD and >8 Bbbls of resource And a reduction of our heritage COP employees that got us here. No need for the “P-people”... — read more 

Will MF survive? Heard it takes him three weeks to figure out if the calendar is wrong.

First they give our jobs to Concho and now they want to take away the pension??? What a load of BS! https://techstaffer.blog/2020/08/17/conocophillips-is-cutting-costs-will-a-pension-freeze-be-next/

I wonder what cool acronym the leadership team will give the latest round of layoffs? How about ConocoPhillips Offers New Concho Hires Our jobs? Or just CONCHO jobs for short... At least it has a better ring to it than the Corporate Optimization for... — read more 

How many lawyers of management do we need? I can tell you for sure we don't need as many as we have - especially not when so many are duplicating each other. If we were to get rid of several layers - completely, just cut them in their entirety - the... — read more 

https://www.bloomberg.com/news/articles/2020-10-14/conocophillips-is-said-to-be-in-talks-to-buy-concho-resources Ouch

After pouring billions of dollars down the drain on buybacks in pursuit of self-enrichment, the ELT are not done yet! They announced on 30 Sep that shareholders will get a nice shot in the arm of another $1 billion in buybacks (that is, if they... — read more 

As a former COP employee (among the last to get an EOI in 2018) I wouldnt take any steep mortgages anytime soon. Cop will need to resize based on current price level which means the inevitable layoff. The days of getting paid to leave may be over... — read more 

People are more than happy to leave for greener pastures even during a pandemic - that should tell you something about the quality of the company. Honestly, the only reason for no layoffs for this long is the fact that the attrition is making up for... — read more 

Should I take how quiet it has been around here as a good thing or as the calm before the storm?

COP just sent out a note to contract companies requesting a 10% pay cut for all contractors. Anyone hear of related news elsewhere or similar employee cuts?

Uh, we shouldn’t of curtailed so much.

https://www.cbc.ca/amp/1.5668095 What does this mean to Surmont? Did they just quit Surmont?

For those been peddling the CVX acquisition, you can r.i.p now that theyve gone with Noble.

I see one of the boys got demoted. Couldn't have happened to a nicer guy.

The game of musical chairs has started. The dog days of September have not been forgotten by the ELT.

I’m hearing rumours of another EOI coming out of the LRP discussions. Anyone else? Anything concrete? With our CFO “retiring”, will Finance use this against employees again, or are we past that? Anybody?

Sounds like HR is looking to outsource much of the function as their new model and working with a big 4 consultant. Anyone else hearing this? Looking for a reliable source? Are other parts of corporate on the block as well? Is this to position the... — read more 

It’s looking like 2nd quarter has been the quarter for significant write downs for our industry. Anyone have any ideas which of our assets will be written down in this quarter?

When is Surmont 3 starting again? Alberta needs some new jobs, more and more people are going on EI.

BP laying off big time. If you don't think COP will, dream on.

Get ready to do some more with less, folks. Planning for October has begun with HR minions getting their marching orders. Stay positive, it was bound to happen. As Ryan would say, Stay Safe!

The ship is sinking, while Management is arranging fishing trips for Houston folks, Again.

Nonsense statement by Ryan. Where is the racial equality in your own company? Does a review of the ELT, and other levels below indicate that there are no qualified minorities in COP that can advance? I call BS.

I first met our old (current) CFO at an introductory group meeting where he bragged about his spoiled ExPat life growing up, moving from privileged international school to school where he admitted to constantly skipping classes to surf all day. Daddy... — read more 

From the news today: Longtime ConocoPhillips CFO Wallette to retire May 20, 2020 8:29 AM ET|About: ConocoPhillips (COP)|By: Carl Surran, SA News Editor ConocoPhillips (NYSE:COP) says executive VP and CFO Don Wallette will retire effective... — read more 

If ConocoPhillips is going to claim it started in 1875 (Continental Oil Company) then it can not claim Frank Phillips as it’s founder. Frank Phillips was two years old in 1875. Phillips founded Phillips Oil Company. Continental Oil Company merged... — read more 

I heard there are gonna be small lay offs so it doesn’t hit the news

Please explain why ConocoPhillips has three Gulfstream 550 jets for company Executive travel use? Each Gulfstream cost shareholders 250K x 3 = 750K a month in payments and this does NOT include airport hangar and staff (aviation mgr, safety mgr... — read more 

What is the hi-pot list? What are the qualifications for joining? Is it audited independently?

A discussion with an LF member about what went wrong.... not surprising. Our leader was chosen in a BOD run-around because he’s a “good old boy” and a perfect example of the Peter Principle. Our next ELT member rode the coattails of getting on the... — read more 

Close Bartlesville now and save the company.

Iceberg ahead. https://www.adn.com/business-economy/energy/2020/04/30/conocophillips-to-reduce-alaska-production-by-100000-barrels-in-june/

Its coming. Chevron and CoP consolidate. Few m&a brokers been approached.

It’s time to cut expenses and here is an easy one to eliminate. Operating and maintaining the Bartlesville campus and airport is more expensive than you think. Give our offices and share of airport and maintenance to Phillips.

If you worked with me, You will know who this is. If not, then let this be a testament. I have worked as a contractor at CoP in IT for 20+ years @ CoP. Its easy to look at the current situation and decide that the ELT has no clue. Truth is, they... — read more 

So how exactly are we supposed to make any money at all when oil futures are NEGATIVE FOR MAY???? What does COP do in this situation???