*The 2021 Fortune 500 list of the largest U.S. companies is out this morning, and while there was no change at the very top—Walmart landed at No.1 and Amazon at No.2, just like last year—there was huge turmoil underneath. Exxon Mobil, which has been... — read more
Anyone tried taking unpaid leave of absence and was successful?
Anyone tried taking unpaid leave of absence for at least a year and was successful? Just to get away from all this bu-----t for a while. Of course, I am prepared to quit if the answer is no, but just to try my luck in case things improve 1-2 years... — read more
I'm praying for layoffs
Give me that sweet severance money and I'll be gone without ever looking back.
KLTC attrition
Wave of attrition is here ....... Yet nothing is done to stop it.
BTC Attrition and Future
With the pathetic quality of work and low salary as compared to peers in market, ExxonMobil is on it way to another failure effort of offshoring jobs. This one is called BTC in India. People are leaving in big numbers, India has much better jobs to... — read more
CEO Darren Woods is in the bottom half of director vote totals
https://www.bloomberg.com/news/articles/2021-06-02/exxon-activist-seen-winning-third-board-seat-in-preliminary-vote Furthermore, shareholders went against Exxon and supported the disclosure of political- and climate-lobbying activities. The... — read more
Engine No. 1 to win third seat on Exxon board based on preliminary results
Darren's chair may well turn into an ejection seat... https://www.reuters.com/business/energy/engine-no-1-win-third-seat-exxon-board-based-preliminary-results-2021-06-02/
Should I report my RSI from so much yammering?
A bit of a pickle here, on one hand i'm crushing it with my yams, on the other hand it's caused me to have an RSI
Exxon Loses Third Board Seat
Hahahahahahahahahahaha so much winning. DW = Genius Exxon Activist Seen Winning Third Board Seat in Preliminary Vote https://www.bloomberg.com/news/articles/2021-06-02/exxon-xom-activist-seen-winning-third-new-board-member-in-preliminary-vote — read more
Problems with Aetna?
Has anyone experienced increased difficulty with the Aetna-managed ExxonMobil Health Insurance not paying claims? Their phone representatives are less than helpful. I had four PT sessions that Aetna listed as out-of-network but they paid the other... — read more
Three days are not enough
After three days off and one day back at work, I'm as tired and mentally exhausted as if I didn't get a break at all. Working here has become so mentally tasking that I'm not sure any amount of time would help me feel refreshed and energized. I'm not... — read more
The future does not look bright
Honestly, people who think that the end of O&G is not near are living in a world of delusions. If you want to stay relevant in the energy industry, now's the time to work on expanding your skills and finding where you can fit in the best in the... — read more
Attrition is already out of control
In the last month alone, we’ve had all kinds of people quitting, from highly successful managers with 20 years of service to supervisors, team leads and new hires. Just try to imagine what’s going to happen in a year or two, when the next upturn will... — read more
Rex's tree at the campus was cut down this weekend
$1M to move and install it, probably $100k to cut it down after completing several JSA...money well spent!
PIPs on Tuesday?
I have heard rumors that PIPs will be communicated on Tuesday. Anyone else hear about it?
Three Exxon refineries top the list of U.S. polluters
And the winners are... Bâton Rouge, Beaumont and Baytown https://www.reuters.com/business/energy/three-exxon-refineries-top-list-us-polluters-2021-05-28/
What will happen when the long-timers leave?
In my org, all the important tasks are carried out by the long-timers that are close to retirement and the younger employees donćt seem too eager to learn and move away from the simple tasks. That has been going on for a while and I heard from a... — read more
Big oil will prevail
Oil is the most portable source of dense energy and will always be in high demand. The big oil companies have survived many political and environmental problems over the years and will continue to thrive. They have great lawyers and a highly... — read more
What exactly is power walking?
There is somebody on this board whose every post mentions “power walking”. What exactly is power walking?
Engine1 / ESG Only Interesting in "dealing a blow" to oil Majors
Don't believe for a minute that the ESG movement / Engine1 have the interest of the stockholder in their heart, or even the health of humanity in a constructive way. They will sell the stock as soon as they have done the damage the intent to cause. ... — read more
Valdez the beginning of the end
Presenting an interesting theory: The Valdez was Exxon’s wake-up call that no one individual should be accountable for anything truly critical. They took a stance that the company cannot trust individuals (even smart ones), without... — read more
Power walk comments
I'm off today for the holiday weekend and I'm convinced now 100% that the power walk commentators are XOM employees. I get to my desk at 7:45am everyday with coffee and water in hand and get to work. Before I know it its 11:30 and time for lunch. ... — read more
Prague GBC
What is happening with the folks in Prague ? Seems that they are all leaving . Anybody have any idea ?
YEE Milestones?
Does anyone have insight into YEE-related career milestones? CL promotion eligibility by YEE for different levels and assessment groups for MPTs (starting from CL22 or CL23 in the US, for example)? YEE when they start to drop potential if... — read more
PIP the CEO
If this isn’t NSI feedback from his knowledgeable others I don’t know what would be.
Your 401k match spent in failed attempt to fight Engine 1
Serious amount spent on ads not to mention employee time making powerpoints and consultant fees to fight engine 1. Money would have been better spent on employees.
Boomer, Gen X, Millenial
Who built the company? Who screwed it up? Who is riding it down? Boomers built it. DW is the head of the Gen X'ers who were the start of the entitlement attitude. Millennials are driving it into the ground, whining about actually going to... — read more
What's the point?
If you're hired mid career does the pension mean anything to you? The chances of making it 15 years before you're forced to retire or quit seem quite small. What are the chances of the pension existing when your time comes? Will you even make it to... — read more
This feels so good
I thought the elation would pass after the first few "he-l yeahs," but nope. Still enjoying every minute of this. You just love to see it. After everything we've been through with Woods, this feels so good. It's a small thing in the grand scheme of... — read more
Pi---d off employees voted
I wonder if the board will realize how badly they sc--w up by pi----g off all t he employees
The Stock will rise again!
I'll take short odds this whole thing was an internal bubble for the Executive shares maturing later this year. Especially on those retirement-ready shares. Early retired, DW. Can work on your novel now.
Let's name the next Daniel Yergin book about Exxon and Shell...The Prize, The Quest, The ______?
https://research.ameritrade.com/grid/wwws/research/stocks/news/article?c_name=invest_VENDOR&docKey=2310-WSJO000020210526eh5q007ep-1
Time for Old Guard in Houston to go
When are we going to get rid of the old guard in Houston? The VPs who have been there for years leading us to today’s vote of no confidence by investors. You know who they are. Time for them all to go.
Engine 1 - you got what you wished for
I’m guessing engine 1 will: reduce pay reduce benefits eliminate pension eliminate retiree healthcare sell off the company in pieces
This is about zero empathy and EQ- not climate
Make no mistake, any current or former employee that voted against the current EM board voted against DW and Tracey HR “straight edge” G. Together they reinforce each other’s zero care, zero empathy and no actual emotional intelligence approach. ... — read more
How can we get rid of this embarrassment? Greedy, arrogant, incompetent product of self-serving system
From 2017-19, ExxonMobil’s total return was -(12)% and share repurchases were effectively halted in 2017, yet CEO compensation rose 35% during this period While 2020 CEO compensation was down 33%, ~72% of this reduction was due to the temporary... — read more
Engine 1 Presentation AKA how management ki---d shareholder value.
https://reenergizexom.com/wp-content/uploads/2021/04/Engine-No.-1-Reenergize-ExxonMobil-Investor-Presentation.pdf Finally someone tells them some real brutal truths.
HW3
So we more or less get TMTS but what is HW3? Is it why we had the STP reorg and EMRE reorg? What is next for HW3?
Exxon activist Engine #1 investor wins two board seats (and they owned 0.02% of XOM stock)
Exxon activist investor wins two board seats May 26, 2021 1:19 PM ET Exxon Mobil Corporation (XOM) By: Carl Surran, SA News Editor205 Comments Two of Engine No. 1's four nominees won election to Exxon Mobil's (XOM +0.4%) board at... — read more