Thread regarding Chevron Corp. layoffs

CVX return since MW became CEO

  1. 86%

Compare that to any of the last 4 CEOs. Even JW was better.

Remind me why we gave this guy an extension beyond 65?

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| 2321 views | | 9 replies (last April 14, 2025) | Reply
Post ID: @OP+1jrdgphm5

9 replies (most recent on top)

Spoken like someone that has never worked anywhere except the sacred halls of Chevron.

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Post ID: @11f+1jrdgphm5

@10a, It's apparently difficult for You. Maybe not for others.

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Post ID: @10d+1jrdgphm5

@k8 because which company is a better investment and which one is a better place to work (relatively speaking) aren't the same thing. It's not difficult.

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Post ID: @10a+1jrdgphm5

@jj, Why aren't you either helping make that happen or working at XOM, in that case?
Oh, yea, most of you are incompetent. Forgot that subtle detail.

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Post ID: @k8+1jrdgphm5

Totally not fair to compare our performance to XOM. They cheated by actually finding some oil. Who can expect an O&G company to do something as extreme and reckless as that?

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Post ID: @jj+1jrdgphm5

We need to make him Walk the Plank. Absolutely silly to still compare us to major oil and gas companies when evaluating our success or lack of success. This is a new world. Higher returns and lower carbon is nonsense. What are you doing to invest for the future - stock buybacks and raising the dividend do not grow a company. They make is slowly smaller.

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Post ID: @e9+1jrdgphm5

MW doesn't determine the commodity overprint. We grade CVX against peers.

Since he was elected in Sept-2017, equity values (not a perfect comparison, as it excludes dividends, but is close in a comparable sense):

XOM: +37%
CVX: +34%
SHEL: +16%
TTE: +9%
BP: -20%

That's a he-l of a track record in the context of Exxon's Guyana discovery. Exxon chanced into the largest discovery in decades (May 2015 discovered, but the scale was not well appreciated until later in the decade). Yet, they only beat CVX's equity return by 3%

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Post ID: @aw+1jrdgphm5

You still hold CVX? Maybe that's your problem. Oh, wait, my bad it's always someone else with you guys, never your own fault.

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Post ID: @ab+1jrdgphm5

Losing in every environment

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Post ID: @aa+1jrdgphm5

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