Oxy involved in a major divestment or is purchased as a reserves play?
Leadership direction and composition?
Stock price and fundamentals?
Overal morale and employee engagement?
13 replies (most recent on top)
OXY will survive .
Oxy will miss out on key international openings this year like Syria, Venezuela, and Libya.
@tq You clearly do not work at OXY otherwise you would know that doesn’t happen anyway. and no, try again, DIB initiatives will not be canceled and there is no federal mandate. Ask me how I know. You are uninformed, lack the ability to read and comprehend executive orders, and came here solely to spew nonsense.
The big picture is that they are way too focused on the Permian basin and on DAC. Permian basin because of oil prices and DAC because they just are not big enough to be playing around with technology development like that on a big scale. Stay in your lane please.
Oxy will cancel all DIB groups to align with federal law. DEI does not contribute one dime to the bottom line. Promotions and compensation will be determined by qualifications, not participation in staged, discrimination related employee resource groups.
Good point. Why haven’t the big investment houses with Oxy stock turn the sc--ws on the board to do something about the lackluster performance. Maybe BH will do that. Any of these places could announce they are divesting and hammer the stock. As long as they file the proper paperwork ahead of time they should be able to do that.
I expect nothing for 2026. What makes this year any different from the past six? For some reason Oxy can live in this space and go unscathed. I've quit guessing what will take this bloated animal down...doesn't matter. Life too short to worry about VH and the whole show.
@ha they will remove any posts if a dummy posts a full name instead of just initials. In any case this post is bait from a low level financial con artist selling snake oil.
This question was already posted with many replies earlier in the year. Why was it removed to start a new one?
In 2026 Oxy is going back to a 9/80 schedule with no days at home.
Oxy will transition leadership and some new initiatives with a fancy name will mark the new era. Reality is that Oxy legacy wells are declining at accelerated rates, CO2 properties are experiencing increased maintenance and integrity issues coupled with the Covid era philosophy of run and maintain. New drill performance is variable from excellent top tier 90 day IP to way below average IP. The drill line can not be maintained in perpetuity as accelerated production, parent/child interference and increases in GOR as decreasing reservoir pressure. Add the difficult gas marketing prices will eventually require a rethink of activity and production profiles. LT is also aware that subsurface teams are skating by without taking risks and delivering uplift. There may be a shake up in this department to align with a new vision.
I doubt OP works for Oxy. Probably a low level selft proclaimed financial advisor trying to con his clients with inside information or this is just an automated question from the forum... you never know...
Wrong time to ask these types of questions... It's bonus time and that's all that matters now...
Kind of wonder if the band on the Titanic was talking about bonuses when the ship was sinking? Think not....