Maybe this is the wrong place for this, but I was extremely optimistic after the investor day. Lots of excitement around LNG and a compelling story about reserves and a long runway of production at a lost cost of supply
I did take the time to read through the Executive Compensation section of the upcoming annual shareholder meeting which was extremely enlightening.
This is not difficult: look at what Warren Buffett says about us.
He also brought over a bunch of high-quality friends that still occupy managerial positions. The gift that keeps on giving. Those sure where the days.
Student of History, hold my beer as I look back on the promises made about Deepwater exploration. And to think we paid the BP “Finder” a $14 million severance after he cost us billions.
Hope you’re still so starry eyed when your turn comes to be “no longer needed”. Until then, keep polishing those boots and jumping as high as you’re told (plus a bit more to look like a team player). You got this champ!
Last poster: your hilarious. . . . wrong! I am just your average Joe. I've been with company 11 years, had 4 differential ratings during that time. No opportunities for expat assignments though I've always been seeking one out. I am frustrated with a lot of things, but just thought I would post something optimistic as at least we are working for a mostly successful company.
Don't turn on me, I am one of you. I'll try to be a bit more judgemental and negative on my next post :)
The OP is obviously a hi-pot. As long as he gets a promotion and RSU’s every year and rated a “1” with an early expat assignment thrown in he believes he (and the company) are “the best” in a kindergarten way. But throw him a little suggested areas of improvement or take away the “1” and he turns on the company like a rabid pitbull and whines and quits.
An E&P company is built on resources becoming reserves and then sales volumes and revenues. Look at the investor presentation at the time of the split: 50 BILLION resources. Since then, spending almost a hundred billion dollars in CapEx, our managers (not leaders) bragged about 20 billion barrels of resources at this latest meeting. So our resources have gone down 60% since the split. Now ask about the net worth of these managers since the split, how many have gone down 60% !
Lol I agree wit the OP but also this absolutely is not the forum for positive feedback.
Gripes only, please
Thank you for checking in, Mr. CEO.
OP here - It was a serious comment. I felt very good about the direction of the company. Despite all our gripes, the company is strong and headed in the right direction despite ourselves
I honestly can’t tell if OP is being serious