Have any people who took the VSP received OXY warrants in their Morgan Stanley accounts yet? Please no comments about how stupid it was to leave those shares there.

Not a good sign. He wants nothing to do with the common stock even with the new warrants. It could be a slow, multi-year, bleed to the end.

I write about oil and gas companies for Business Insider. Work: bjones@businessinsider.com Cell: 646-768-1657 Encrypted: Mail: benjijones@protonmail.com Signal: 646-768-1657 Here's my byline:... — read more 

Hands down. Worst place to work. lack of career development dependent on cronyism and nepotism to advance technical ineptitude callous decision-making incompetent managers promoted and kept ever evolving performance metrics ... — read more 

Here is the article from Reuters. Sorry for the cut and paste, but it is better than explaining it myself. (Reuters) - Occidental Petroleum expects oil and gas output to dip in the second half of the year and will not boost production until it... — read more 

This must be the new hoax. Shale Ponzi scheme 2.0. No you can NOT flood the shale. A CO2 molecule is 0.33nm. It is bigger than the 2nm nanodarcy pore diameter predominantly. Maybe if VH keeps repeating it it will become truth (for her). No CO2 cost... — read more 

Oxy cancels sale of Algerian assets to pay off debt, now considers them to be core assets. A year long effort all for nothing.

Focus on your debt ppl

What the heck oxy is doing fire VH and management

or does it seem like employee morale has never been worse? And this is not due to the pandemic and all that c-ap. It just seems like people are fed up with all the nepotism, and bad decisions, and manager abuse that they've just given up. It's like... — read more 

The sun is setting. It’s eerily quiet. Nothing has transpired yet but the tension is tangible. Lambs waiting for the slaughter. How will it happen? We continue to work quietly and cautiously. Perhaps they’ve been so preoccupied it will go... — read more 

20% only.

I wonder if oxy will cut our 401k match and reduce our benefits like xom? And possibly reduce our pay again. I am getting concerned again.

I’m 30, I’ve worked for OXY since I graduated and I am currently 1 year into my MBA. I am debating leaving the industry due to a combination of industry instability, climate change talk (look at BPs recent announcement to reduce their production 40%... — read more 

Second paragraph under "Debt is Manageable" - can anyone explain what the 2036 puttable bond that might come due in October is? https://seekingalpha.com/article/4363827-i-wouldnt-buy-occidental-even-oil-prices-recover

Anyone heard anything about the next round of layoffs?

Oxy board voted to partially restore executive salaries and slipped it in an 8-K released after market close Friday night. Seems kind of slippery, like maybe they didnt want anyone to notice. Thinking that they are getting ready to cut LAPC salaries... — read more 

LOL the governor of Wyoming is wondering why they're getting the silent treatment from Oxy. Is anyone surprised? Standard Oxy protocol. EC and mgmt continue to prove they are a bunch of unprofessional incompetents... — read more 

I wonder what will be discussed in the all-employee virtual conversation after the Q2 earnings call.

How would you rate your direct manager during this stressful period and why.... are they supporting you? are they motivating or demotivating? Does anyone feel loyal to their business unit because of a direct manager or is it the opposite, and they're... — read more 

Big companies are still cutting.

Wonder how much we are dishing out for the gigantic Oxy sign at Minute Maid this season?

https://www.cnn.com/2020/07/21/business/chevron-noble-deal-michael-wirth/index.html The Anadarko episode helped shape the decision to make a play for Noble Energy now, Wirth told CNN Business in an interview. "[It] reinforced our existing... — read more 

Oil is up as is the market. Oxy up 9-10%. Yipee!

Oxy gives $1B to CVX and then CVX makes a prudent move to acquire Noble for $5B. Way to go oxy!

For those who keep whining and complaining all the time, just be thankful that you are still employed in these difficult economic conditions and pandemic. And if you hate working at Oxy so much, just do yourself a favor and leave.

https://seekingalpha.com/article/4358682-saudi-arabia-dead-serious-pushing-oil-prices-higher

What happens to LAPC in August? Will they relocate all of the WY / CO employees to Houston?

Absolutely ridiculous for OXY to be paying upwards of 40 million plus a year for these old buildings. And the buildings are “sick”. Everyone talks about how much better their health has been and less allergies since leaving Greenway to WFH. Wonder... — read more 

Some plants are shut down and others are at low rates.

due to insurmountable debt they acquired when Oxy spun them off. Sounds like Oxy enjoys sinking ships with large debts, hedging on better oil prices. All under one CEO.

Too many unnecessary layers of middle management/tons of bureaucracy. Who agrees?

Honest question, after experiencing the culture at Oxy, and seeing so many experienced professionals take the VSP, I think everyone can agree that there is something very wrong with Oxy culture. Are there companies out there that have cultures that... — read more 

It's funny how ever since they announced that we were getting our salaries back to normal people have been quiet, just shows that despite all the real issues that kept being brought up on the way the company is ran from the bottom up, at the end of... — read more 

Looks like the new date will help many of us out. I am at a high risk age and really appreciate the fact we get to WFH a little longer. Say what you will, but with our full salaries back and WFH longer I am glad I did not take the VSP when offered... — read more 

How are those people in greenway 5 doing? I heard a lot of them went back to work in the office.

This article highlights a good amount of reasons why a major like XOM could be eyeing OXY and why OXY leadership could be shopping. It's not rumor mill but instead it's an insight into a mind who is merely starting down the due diligence path... — read more 

Has anyone that has left via the VSP or Layoffs found much work? If you are looking best of luck if you have not. Just wondering how it is out there.

I don’t think it is so much that a bunch of employees want oxy to fail, but rather most employees feel disenfranchised by an EC that would go around shareholders and do whatever they want. Even if it meant collateral damage to the employees who... — read more 

https://www.msn.com/en-us/finance/companies/occidental-plans-to-issue-stock-warrants-after-slashing-dividend/ar-BB161973