Has anyone heard any information about the option to sell off the Chemicals division? Probably not the best longer term play but it would help right the ship by selling additional assets and paying down the debt. Heard some rumblings pre-Anadarko... — read more 

https://www.cnbc.com/2019/07/30/anadarko-petroleum-sheds-new-light-on-occidental-finances.html Key Points Anadarko Petroleum releases new financial details of its proposed combination with Occidental Petroleum that revealed its acquirer did not... — read more 

New information regarding the Anadarko purchase indicates that the combined company will not have available operating income to pay the current dividend until 2022. To maintain the dividend, Oxy will have to borrow the money and/or sell assets. That... — read more 

Ill re-post this since all you people could come up with was 'Duhhhhh, Troll' in response to the popularity of the fact based content. Keeping it front and center for all those who want to know the facts about Oxy from Anadarko and anyone thinking of... — read more 

Anyone have any insight/information on Oxy’s relocation benefits?

With the new geographic dispersement of the workforce, I’m curious at how flexible OXY will be with work hours and location. How early can people come in? Is 6-4 acceptable work hours? Is there any appetite for working remotely a few days a... — read more 

I'm so glad I elected to be placed in the layoff of 2016. They offered to keep me, but I was ready to go. If you are able to financially make it happen please do so, it was the best thing I ever did! I'm now in the process of building my dream home... — read more 

Under the “Organization Design and Talent” section - does it mean that all Oxy employees will have to reapply for their own position once the “new organizational structure” is finalized?

Good Morning. I have two Oxy HR policy questions I hope you can help me answer. Does Oxy payout on your remaining vacation balance when you leave the company? Do Oxy health benefits extend through the end of the month following a... — read more 

May be looking at a 1/3 reduction in the combined workforce and the sale in excess of $30 Billion in the combined assets. This is going to get ugly.

Lay us all off or announce who gets to stay at the company. Don;t know about you but this state of limbo where we’re awaiting to get cut every day we arrive to work is pure torture. People say that we’re lucky to have a job and a paycheck, but i'm... — read more 

Expect the Oxy folks to retire and make room for the more talented Anadarko technical talent.

What all is supposed to happen August 8th?

Does anyone know how the VSP offer is calculated? I've heard some are receiving over 2 years pay with medical at the lowest cost.

What happened to all the comments/replies posted on this site? They all disappeared. Might as well just delete the posts!!!

Ill repost this since all you people could come up with was 'Duhhhhh, Troll' in response to the popularity of the fact based content. Keeping it front and center for all those who want to know the facts about Oxy from Anadarko and anyone thinking of... — read more 

Oxy employees are to receive VSP information in July. Anyone willing to share details of package? Is it the same as the severance plan Option A - max at 10 months base pay with lowest rate for retiree medical ($150 a month for self - $300 a month for... — read more 

Will Oxy adopt some of Anadarko's benefits like the PTO plan?

https://oilprice.com/Latest-Energy-News/World-News/Oxy-Jet-Trip-To-Shell-Home-Sparks-New-Anadarko-Speculation.html

@Anadarko

According to the newsletter, VSPs will be offered to Oxy in July. APC will not know the details until after closing. The VSP does not have to match APC COC package. Will packages be different depending on the company you work for currently?

Any updates on the Townhall? VSPs timing?

Photos are going around of tiny offices. APC sounds like it’s moving Permian staff to Greenway?

What is oxy’s policy on tuition reimbursement? 100% tuition paid? 80%? How long do you have to stay in order to not have to repay back tuition?

Will VSP packages be delivered to you or mailed to your home?

Will the voluntary retirements happen before or after closing? For Oxy and Anadarko?

If crude oil price averages well below $60 for the rest of the year, then more cost cutting will obviously be necessary. Investors hate reducing the dividend, so look for more asset sales, project budget reductions/ cancellations and higher layoff... — read more 

Oil is down 2.8% at $51.78 as I write this. Looks like $80 oil won't happen this year. The know-it-all experts will be wrong again. How do you like those low gasoline prices in Houston? How do you like losing your job?

https://www.wsj.com/articles/anadarko-ceo-to-get-98-million-payout-in-occidental-deal-11559936273?from=singlemessage&isappinstalled=0 300M goes to Anadarko executives only. WOW!

What is OXY's limitations on hiring with misdemeanors?

Just read the email...the move to the Energy Corridor is postponed indefinitely. What the heck is going on? Rumors are flying that we will be moving to the Woodlands, and some are saying we may stay at Greenway. What a cluster!

So with the email today, is it a fair assumption that we will be moving to The Woodlands when the GWP lease expires? Business wise, I don’t see why we would spend $400 mil renovating the old COP building when Anadarko already owns 2 nice towers... — read more 

Stock has fallen to $47. Market Cap has decreased to $35B (Anadarko market cap is also $35B). Was it suppose to work this way?

Voluntary Separation to be offered? Anyone knows?

And don’t forget adios to VH and the other oxymorons.

WTI closed today at $53.36. If it does not recover back to around $60 in a month, then expect the potential lay off pool to get larger.