Topics regarding layoffs at Denbury Resources Inc.

Topics regarding layoffs at Denbury Resources Inc.

To Stay or Go?

Looks like people are starting to leave which has me thinking if its best to stay or go now? There are so many unknowns in staying, I was talking to a friend that worked at XTO when XOM took over and said immediately they had to follow their... — read more 

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| 1970 views | | 8 replies (last September 19, 2023)
Post ID: @OP+1ou4wCBl

Millions and Millions

https://finance.yahoo.com/news/texas-oil-executives-net-122-100000425.html

Quick denbury employee survey

Just wanted to put on a quick survey to see the overall consensus on whether you liked or disliked working for denbury. Can be current employees or ex employees. Use the like and dislike reactions buttons.

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| 1390 views | | 3 replies (last August 14, 2023)
Post ID: @OP+1o5mTNC6

Integration with Exxon

Can someone explain the integration process? Who will be on that team other than AB for Den and XOM reps? Does it matter if your boss is or isn’t on the team? Will it be just CCS ? Wishing everyone the best ! Denbury has been a great place to work. — read more 

Cowboys tickets

You would think under the circumstances we could auction off the cowboys tickets for free. Consider it a small win for moral at the moment but another opportunity missed to remember that not everyone is set to p-o on a golden toilet the rest of their... — read more 

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| 1030 views | | 4 replies (last August 12, 2023)
Post ID: @OP+1nZ0ToKH

An example with how out of touch our leaders are

Can’t believe Denbury allows managers to lead in prayer during “team building” lunches and to conduct bible study groups during work hours! What don’t they get about how wrong this is!!?! https://apple.news/AAAdKEUxZSDuEOX1SOuHIqQ

What was that?

Hoped to learn something today. Perhaps those expectations are why I’m upset. We learned nothing.

Questions for next week’s meeting with XOM

I assume we will get the opportunity to ask questions of the Exxonmobil representatives who come up next week. I think we should brainstorm some good questions to ask them so we don’t ask d-mb questions like “will we still have a Christmas party?”... — read more 

1951 Denbury created by Gareth

A different company, run by the employees for the employees with goals determined by the employees where everyone sharing in the wins & losses. Benefits designed to actually benefit the people, leaders we trusted, HR staff who actually LIKED people... — read more 

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| 1630 views | | 3 replies (last August 4, 2023)
Post ID: @OP+1nECYmBk

Motivation Speeches

I know it feels like we're at Hot Gate with the Persian army encroaching so I figure I'd start a thread of motivational videos to get us through the next months. Here's a good first one: https://youtu.be/TmSRMWw8Y_0

Christmas Party

SoOoOo we're all going to get as smashed as the Titan sub at the Christmas Party?

Here is what' will happen!

First, yes "Denbury" shareholders are getting the best deal. Our stock had nowhere to go but down (too much uncertainty and capital needed for the CCUS business model for Denbury to be successful), so now was an excellent time for Denbury to realize... — read more 

Embarrassing Speech

Did you watch the town hall? If you ever are scheduled to give a presentation, remember that attempt at speaking and don’t do it without sufficient rest, and if that isn’t possible, remember: say less. That was embarrassing. Some people get lucky and... — read more 

What will be like?

Hello everybody, Ex XTO employee here. I worked for XTO/XOM in the Permian region for several years and left in 2022. XTO is in name only, it is an Exxon organization and has been for years. Those of you that think an Exxon takeover might be ok or... — read more 

Hey Ya'll....from the XOM board

I urge you to read in detail the Layoff board for ExxonMobil. It will reveal how we have to hot desk, forced ranking with a specific % that have to go each year, dwindling benefits and a sad toxic culture. Every place has its things...but this place... — read more 

Sad to see it end

Feeling bummed. Don’t understand the spin of this being a good thing for Denbury! It’s the end of Denbury! Will miss seeing the executive committee!

Bad Leadership

I’m going to stop completing those feedback surveys. Nothing ever changes, then my manager pulls everyone together to discuss, tries to decipher who said what, and then acts like an a$$ for weeks because his feelings are hurt when faced with the... — read more 

Who wants to bet on net income increase?

I’ll bet my “raise” that DEN’s profits increased way more than what the flat raise amount was this year. I’ll also throw in a kicker that the execs probably get more than 5% raises across the board. I would not be surprised if CK boasts of a record... — read more 

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| 2520 views | | 6 replies (last April 25, 2023)
Post ID: @OP+1kXYIBJE

CCUS bonus program

Wondering what the bonus structure is for CCUS team, what % of GA is it? Does NW get paid in dental floss/toothpaste/toothbrush/whitening strips? Is NW’s hair gel another bonus bucket? Do carbon emitters pay NW with whitening strips in exchange... — read more 

Why do they do it like that?

What Denbury does best is to keep you guessing. Because every year the payout is different, dates change last minute, and there is not much communication or explanation from your manager. Exactly! I completely agree with whoever wrote this... — read more 

2022 Bonus Confusion

I am confused and need some help understanding our bonus. I was under the impression that we were on target to hit 120% and that half of this was going to be paid before year end 2022. My bonus payment was 50%, are we going to get 50% on our second... — read more 

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| 1780 views | | 6 replies (last February 4, 2023)
Post ID: @OP+1kwYi83t

EOY raises in the industry

I'm curious what the EOY raises are like in other companies in the industry. It would be nice to make some comparison.

EOY Raise

Anyone hear what the flat raise is supposed to be this year?

Town Hall

It sounds like the company is doing extremely well! I’ve been working for Denbury for a long time! I am financially struggling! Losing the LTI and several years with no raise were a financial hit to me! I hope the board will keep in mind that... — read more 

It never hurts to have a backup plan

I try not to worry in advance, but still I can't help but think how it will look here when oil prices significantly slump, given that the atmosphere is terrible even now.

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| 1861 views | | 3 replies (last October 3, 2022)
Post ID: @OP+1iH9pm7m

So many people…

The corporate office had become so fat. So many new people and so few new projects. You think this company would have learned a lesson from so many laid off over the years.

EAM stripped away the morale

Sale or no sale, EAM has already removed the morale from the employees who took ownership of their work. An ever expanding team that generate made up reports and numbers to get promoted while the actual working money makers get the shaft. Everything... — read more 

No improvements

I really can't remember the last time some positive change happened here. Is there any hope that things could change for the better?

Shut up and do what you are told

Find it interesting that worker bees take the time to put together solid recommendations only to have management completely po-p on the hard effort by completely changing everything that was proposed at the last minute, and they second guess... — read more 

Another one gone

Just heard another VP left. It seems like this place is having people jump off the ship at a high rate. Just not the people that need to go.

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