What happened in the Downstream's natural gas and liquids supply trading groups in the 3Q? We had a 2Q loss in the mark to market trading of $700 million. No mention in the 3Q earnings report that I could find. Lost big $$$ in 1Q as well. In... — read more
Let's talk asset sales
The goal is $15B by YE2021. With the British North Sea we get to $7.5 to 8B by YE. I know I am on 3 NDAs but little progress after a lot of work on a lot of folks part. Why can't we close the deal? Has Dallas changed its mind?
Management's 3Q Pyrrhic Success
With the return of respectable profits, dividend increases, and stock buy backs as well as the hope of a future money making machine in CCS my management took a moment, as all infallible leaders would do in such circumstances, to recognize all the... — read more
Can XOM's dog do this ?
https://www.bbc.com/news/av/entertainment-arts-59101408
https://www.reuters.com/business/energy/exxon-mobil-posts-highest-quarterly-profit-nearly-four-years-2021-10-29/
https://www.reuters.com/business/energy/exxon-mobil-posts-highest-quarterly-profit-nearly-four-years-2021-10-29/
Realizations on the Margins: Boss's 3Q21 report in a nutshell
I could not attend the presentation and really have no time to read it. So I asked my 12-year old nephew to review and summarize. 3Q21: lower operating expenses lower planned maintenance activity structural cost reductions lower overall development... — read more
CS&I
What's your take on this “initiative” and how do you think it will translate into your organisation?
Stock Buyback and Impact to Employee Compensation
Is management smart enough to know how this will impact perception of compensation? Personally, this seems like a preliminary slap in the face. 2 years of no raises (and cut of 401k matching) and inflation would reason that raises less than 5% will... — read more
Question #1 - earnings call
Why do you disrespect everyone by not valuing others time by starting late?
EM to restart Stock Buybacks
EM has thrown away over $200 Billion in stock buybacks in the past, yet the stock price trended downward anyway. If EM had kept that $200 Billion in a rainy day fund then we would have never gone into debt, ran out of money for projects, or had to... — read more
Why would we tell striking union workers EM pays other workers more?
https://finance.yahoo.com/news/exxon-tells-locked-texas-refinery-012031417.html Seems poor negotiating strategy to tell them (and the world) they are underpaid....
Future of CSR and Clinton Facility for the next version of ExxonMobil
Corporate Strategic Research, CSR in Clinton New Jersey is where frauds with lame PhD degrees who couldn't be hired anywhere else run amok. Where the cutting edge research is nothing but: high school level pi chart and bar chart plots in powerpoint... — read more
https://www.barrons.com/articles/exxon-mobil-stock-dividend-aristrocrat-51635365082
https://www.barrons.com/articles/exxon-mobil-stock-dividend-aristrocrat-51635365082
How hard is to say ZERO
Question from Congresswoman Presley: what percentage of your revenue is spent in training your workers to work on renewable energy? Answer by DW: eh Um I would have to look eh umm I don’t have eh ZERO - ducking zero. They barely spent into any... — read more
Undeserved Free Money?
Just noticed online that DW was given 205,000 shares on 24 November 2020. That is just before the layoff due to EM poor performance and planning of our senior management. I recall that EM management had a lesson learned at our previous layoff to... — read more
UIT Townhall
One word: Cringe
XOM wants to BRIBE YOU
...so you stay, and be MISERABLE for the rest of your life while the so-called leaders tell you SUCK at your job. Enjoy your pay raise.
EMIT email “incident”
Wow over 100k addresses and millions of subsequent emails. Ok 500 users who relied to all, they know who you are haha.. There is no doubt we will now have a annual training course on emails!
3Q Earnings
Fabulous Quarterly Earnings Ahead? Perhaps increasing oil demand and prices suggests hope on the horizon for O&G?
No more discussions on CS&I?
After Darren and the fellow presidents all mentioned about it in their town halls, somehow there is no more discussions here about it? Consolidation? Efficiency? We all know most of us will have non-zero raises by early 2022 but what’s going on with... — read more
Planned pay hike to combat attrition
Will only accelerate attrition. First, who gets what and what's the basis. Second, when the next downturn comes, who will support those exaggerated pay. Pay hike is not the solution to the growing attrition.
Annnnnnnnd Alaska is done
38 more layoffs YAY TEAM! https://www.adn.com/business-economy/energy/2021/10/27/hilcorp-energy-agrees-to-take-over-operation-of-alaskas-point-thomson-gas-field-from-exxonmobil/
It's very clear: Exxon is going away tomorrow. Not with even a whimper.
Hope everyone tunes in tomorrow for our CEO testimony in front of the Congress House panel. It will be telling. I don't mean DW will be telling anything - only talking. The telling - or tolling - will be from those on the other side, but also from... — read more
PIP idea
What if we just PIP the people that click “reply to all” , and reply to all with “Stop replying to all!!!”
EM raise dividend by a penny
https://www.bloomberg.com/news/articles/2021-10-27/exxon-raises-dividend-to-keep-decades-long-aristocrat-status
low ball offer from XOM
I am currently employed with another supermajor and applied to a Job with XOM in search for better benefits. to my surprise, the offer I got is 33% lower than my current package! Either the position was not at the same level of seniority or the... — read more
This company makes you unemployable outside
I am interviewing regularly and I realized I have not learnt anything new which outside company needs. Higher education is an option now. ~ Low cost TC emp
Feeling Good
Just got and received a fantastic job offer. I'm thrilled to be leaving. Keep pushing to find something if you're unhappy like I was.
Is there an update on the Jose Simonetty Age Discrimination Lawsuit Filed in Houston on May 2021?
ExxonMobil used employee ranking system to eliminate older workers, suit alleges By Marian Johns | May 25, 2021 Southeast Texas Record HOUSTON — Exxon Mobil is facing a claim that it implemented an employee ranking system and took other efforts to... — read more
Petroleum engineer pay
I was offered a job at Exxon as a petroleum engineer at ridiculously low pay. It went 30 percent under what I was making at my former company (I was laid off several months ago.) Is this really what petroleum engineers make at Exxon? Under $100k?... — read more
Training ground for wannabe managers not leaders
I had 8 managers/supervisors in last 7 years. Only 1 of the 8 was any good because he was close to retirement and earned his position/ the respect. The others were green around the gills, there to check the boxes and to crack the whip. Most... — read more
Respect & Appreciation goes a long way compared to money. Give it a "+" if you agree.
I think employees wouldn't leave the company if their company/manager/executives showed some respect & appreciation to their employees. Tell them how appreciated they are, and without them Exxon would not be what it is today. Employees want... — read more
Why are our benefits getting worse?
Honestly, everyone is improving things why do we have to go backwards?
How did it feel to pass the $200K mark in salary?
I am replicating the thread below and changing 100K to 200K
EOM Pay Increases
There is a thread on Chevron's board that discusses EOM's pay increases: here is the link thelayoff.com/t/1dwZAebL or @OP+1dwZAebL
How did it feel to pass the $100K mark in salary?
I am hoping to cross the line next year. How did it feel to pass the great $100K mark in salary?