More and more cases are cropping up by the minute, Dr Fauci just spoke again on CNN and said EVERYONE MUST SELF DISTANCE! This is getting crazier by the minute. And we all in GW have crowded elevators, etc. And don’t think workman’s ... — read more 

That worked out real well. More like the 10 day plan right now.

What’s everyone’s best guess on a price VH wouldn’t say no to and take her golden parachute down to Galveston Bay and do a little kayaking? 30B? 40B?

Layoffs are not the answer to the situation OXY is in. OXY has 7.38 B in operating cash which can be used to pay salaries, G&A costs while digging out of the hole. We are stretched thin enough as it is and more people who took VSP are leaving... — read more 

APC folks, how do you like now Oxy dealing with pandemics! When dealing with Hurricane Ike we were released the day before!, everybody else in the industry had plenty more time. Now Vangolen is asking everyone who can to show up!. Is this a way to... — read more 

that VH & Icahn both are bad for employees. Either way, we are doomed. Props to VH that she didn't do layoffs in 2016 but the Anadarko deal was a shot to the head which will lead to mass layoffs in 2-3 months. Feel terrible for those employees who... — read more 

Carl Icahn has a long history as an activist and corporate takeovers. His latest target as we all know is Occidental, framed by his excuse the deal was poorly funded and timed, etc. This is just an excuse. Rather, it is because of his long standing... — read more 

I’m still waiting for my VSP date to arrive. Yes, there are quite a few of us who want to leave and are being held hostage. In addition to not wanting to get out of bed in the morning to attend the daily pewp show, now we have to worry we won’t... — read more 

Things are broken beyond repair when this is the only thing we have to keep us going as employees.

Occidental Petroleum adopts a limited duration stockholder rights plan - a poison pill - as day after Carl Icahn said he had acquired a nearly 10% stake and promised to shake up the company's board. If approved, the rights plan would be exercisable... — read more 

Just think about it, all oil companies are in the process of reducing costs. Even if there are a few that are not considering laying off some of its employees just yet, they are certainly not going to start hiring right now. Basically, those laid... — read more 

So when Icahn breaks us up and sells us into pieces, What are the guesses as to how it will play out? Who will buy perm? All of it? Part? Oxychem? GOM?

From bad to worse to clusterf-k. I should be working for CVX right now. Or comfortably COC'd out. I can't predict everything that CVX would have done, but we already know they going to keep the Woodlands campus, keep Mozambique and many of the other... — read more 

I know we spend a lot of time pointing fingers and calling for heads on this sight, and I also think we paid more for Anadarko than we should. There were mistakes made that included poor judgement at the top. But I would say take some time and... — read more 

It is very hard yes. But everyone of us will survive. I’m considering shifting careers. There could be some other ways to survive. Just wanna wish good luck to each and everyone of y’all.

Someone posted the same VH quote about the Anadarko deal before but it is worth repeating. “We were not going to let it be taken away... This is too important for our shareholders.” What a statement full... — read more 

31 doesn’t have real concept of magnitude of disgruntled rank and file employees. Employees financial well-being has been damaged or destroyed. Employees should organize and stage a protest. At least an online petition to demand resignations and... — read more 

2020 is Oxy’s 100th year Time to celebrate Woo woo!

Heard the APC folks had it built into their package so they should for sure get their bonuses

OMG VH, Bravo!

We ran off the naysayers. We took positivity classes. We placed the most inexperienced people in management positions. We overreacted to everything. We put all our eggs in one basket. One basket—Permian. We fed the chickens the finest grain and... — read more 

anyone else this news guy should be contacted about writing an updated story? https://www.google.com/amp/s/amp.cnn.com/cnn/2020/01/10/business/vicki-hollub-occidental-risk-takers/index.html

OXY will have to go into Chapter 11 to protect itself from the Creditors. This is only a holding period that gives OXY a chance to prove to the Chapter 11 Judge that they can create a plan to become solvent and pay back creditors. (sometimes 10 cent... — read more 

I don’t understand why everyone is so stressed about depressed stock price? Look at all Shale producers and majors they are in the same boat like Oxy. Companies like ConocoPhillips cut their dividends long back during 2017. It is a good decision to... — read more 

Remember this gem: "I just get in my kayak. I go kayaking on the bay in Galveston. What bothers me more than anything is our shareholders are going through some stress. I care about that. I want to lower their stress, and I want to do it as quickly... — read more 

“One thing I’ve learned in life is not to let peo­ple man­age your af­fairs who are delu­sional enough to think they could out­bid Chevron and out­smart Buf­fett,” Mr. Ic­ahn said. “And yet this is just what the board has done, and it cost the... — read more 

Why hasn’t Vicki sent an apology email out to her employees and shareholders saying sorry for what she has done? Further, when is the board going to do the right thing and fire her.

Oxy stock was $68 almost a year ago in April 2019. It closed today under $12. That is real management excellence at work. Not to mention the that new impressive dividend of 11 cents.

Near the end of trading today, Oxy’s market cap is $10.56 billion ($11.70 per share). Warren Buffet holds $10 billion in preferred stock with 8% annual dividend ($800 million/year) that can’t be cut Like it or not, Warren already owns Oxy. What... — read more 

Get ready for debt downgrades. (Apologies to the milk board).

How soon will layoffs begin?

Unfortunately there could be many failures, first among those might be Occidental (OXY) which paid a huge amount – $55 billion – for Anadarko Petroleum, a decent, not great producer. Occidental is now worth $15 billion largely because it will have... — read more 

Did EC sell or buy?

I'm good losing it all if we still get a chance to have our name drawn for the suite at MMP and the dope million+ sign in center field!

Never panic. Mark my word, Russia will get back with Saudis very soon and oil will rebound.