How are we still the operator of choice with this stock price?
28 replies (most recent on top)
And the cycle goes on and on. Why do companies consistently over hire. I have seen this over my 40 plus years in this industry. Just because labor costs are low compared to capital costs in this industry doesn’t mean you should hire people just because headcount limits are raised. It is all about value adds.
I don’t wish for anyone to be lay off by Oxy but this is a time to look for efficiencies with what you do for Oxy to bring down cost and save money for Oxy. Make sure your job is adding much value for Oxy.
You need a real nice nappy.
What about a real nice post for a change. You know one that gives us all great feelings about Oxy, DT, and the world in general, except for Russia. You folks are way too negative.
@qq+1jr8957fa, you sound very angry. Did mommy wake you up too early to take the trash out this morning? Maybe time for a nappy.
Improve a s hole workplace and an incompetent CEO. You should be giving us break with your stupid whiny post, s-uckup.
You can improve efficiency by laying off the bottom 20% of the performers and hiring the people who took packages from the majors.
Some of you guys that complains a lot should focus your energy on how to improve efficiency at Oxy rather than complaining about VH that is working so hard to keep Oxy above the waters. Take some time to think how you can improve things and save Oxy money. That’s what Oxy hired you to do.
You should be adding value and making more money for Oxy than what Oxy is paying you. You need to come back to reality. The global economy is in shambles and you are here trying to pin the blame on VH. Give me a break!
Buying APC was on Oxy’s wish list way before the acquisition.
She has definitely made some bad decisions regarding acquisitions, especially APC. I don’t know that there’s any evidence to suggest she made these bad decisions in order to protect her position. The more likely scenario is just that she exercised poor judgment based on a lack of experience. Criticism should be based on their actions, not the fact that you think you know what they’re thinking. (yes, I understand the rules are different on this site.)
Had a nightmare that bonuses were clawed back. Very disturbing.
She’s pushing for more debt to fund acquisitions just so she can hold onto her CEO role a little longer. The more she does this, the more shady she looks. Honestly, she went to some pretty extreme lengths to protect her job—even if it meant putting our retirement accounts at risk.
So you think the BOD has given her unlimited acquisition authority? Do you know what unchecked means? Do you tend to exaggerate to make a point? Are you the worst poster in the history of the universe?
Vicki is allowed to just buy buy buy oil companies unchecked. We never should have bought crownrock. Same with APC.
Attention. Typo in last message . Should have been “our” not “are”
Good point on why we lose value so quickly. But stock price will rise more quickly when oil price increases. So the strategy should be to hold for now. Chill and hope that the feds do not lower interest rates to destroy are income from cash.
Debt and acquisitions are all on her. That’s why we loose more value than anyone in the patch.
It is not her fault at this point. The whole US is at fault for voting him in.
I’m moving my LTI out of Oxy—I’ve had enough of her incompetence.
Its time for Richard to take over. Agree.
That isn’t very nice
Chazen led Oxy for just five years and delivered results. In contrast, we are being dragged down for nine years under this 60-year-old hag, and it’s clear the company needs a serious change. It’s time for her to step aside and let Richard take the helm before more value is lost. We need leadership with vision and urgency—not someone clinging to the seat while the ship drifts. she looks like she is about to have a heart attack.
You need to come up with some new material. All of this “operator of choice” b-s was a little funny the first time, but now it’s getting really old.
We are the operator of choice because we operate choicely. lol.
The facts are we never were operator of choice. Oxy has always been far down the list, for
all the reasons you already know.
The delusional 'We the operator of choice, yo' fan boys are back.
The company is a low cost /efficient producer. Wouldn’t you choose this over expensive and inefficient.
Everyone is down.